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Golden Bond

After Rico Express became a microfinance organization, it soon created an innovative product called the Golden Bond.
“Golden Bond” is a security that an individual or legal entity can purchase. Due to its benefits, the product is still special in the financial market. It stands out from similar products by its high integrity. 
 

Terms and conditions
 

The Golden Bond in the national currency can be opened, if the deposited amount exceeds 100,000 GEL.
The Golden Bond can be opened in USD and EUR, if the equivalent of the deposited amount in GEL exceeds GEL 100,000.
It is also possible to open the Golden Bond, if the amount of available and deposited amounts exceeds the equivalent of 100,000 GEL.
 

The profit of the bond with the right to withdraw at any time is:
GEL
Annual 8% Effective 8.3%
USD
Annual 3% Effective 3%
The profit in case of a locked bond is:
GEL
Annual 10% Effective 10.4%
USD
Annual 5% Effective 5.1%
EURO
Annual 4.5% Effective 4.6%

In case of a closed bond, the owner receives only the interest, and the principal amount remains unchanged during the term.
Receiving profit is possible both by cash and noncash payment (on the bank account with Liberty Bank or TBC Bank). 
The received interest is taxed at the rate of 5% income tax. 

Calculate in advance

Understand the conditions with our calculators

Exchange rates

Overlap on the best terms
buy sell
USD 2.7150 2.7450
EUR 2.9860 3.0160
RUR 0.0253 0.0283
ILS 0.5820 0.7220
GBP 3.5520 3.5820
TRY 0.0780 0.0810
CHF 3.1700 3.2000
CAD 1.8810 2.0010
AED 0.6330 0.7530
AMD 0.0057 0.0077
AZN 1.3710 1.6310

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