National Savings and Reserve Fund Launches 'Savings Progress'

The National Savings and Reserve Fund – Bank, today Thursday, launched a new savings scheme aimed at individuals under the name 'Savings Progress'. According to the fund's statement, the scheme allows for returns on deposits while maintaining the ability to withdraw funds at any time. This scheme is based on a mechanism of progressive returns, with an interest rate that increases according to the level of savings achieved, in line with the applicable scale. The fund stated that the accrued interests are calculated and paid quarterly.