East West Direkt has attracted over 3 thousand customers for online deposits in 2 years


Two years ago, East-West United Bank, registered in Luxembourg, launched the new product East West Direkt - online deposits for individuals.

<< Back
08/04/2019 |
  • EWUB1508 CC eastwest DIREKT Logo 100mm RGB 300dpi

During this time, more than 3 thousand individuals in Luxembourg and Germany placed their assets on savings accounts and deposits with East-West United Bank, which in turn allowed the bank to increase the amount of stable liabilities.

East West Direkt was one of the first online platforms for attracting online deposits in Luxembourg. The success of the product was due to competitive deposit rates and the convenience of an online customer solution. After the aggressive launch of East West Direkt, the bank chose a strategy to increase profitability and, over time, reduced rates. At present, the deposit rate offered by East West Direkt ranges from 0.5% to 1.05% per annum, depending on the period for which the funds are placed. On savings accounts, the rate is set at 0.45% per annum. Deposit duration at East West Direkt typically ranges from three months to four years.

East West Direkt is one of the most successful digital projects of East-West United Bank. The bank plans to continue to invest in advanced digital technologies to automate the internal processes of the bank and provide the most convenient service to its customers. In the future, the East West Direkt platform can be used to sell investment and credit products of the bank.

East-West United Bank's customers are subject to the Luxembourg Deposit Insurance Mechanism (up to 100,000 euros). The product is available on the East West Direkt website www.eastwestdirekt.lu, where customers can apply to open savings accounts and deposits. All transactions on the accounts are carried out through the Internet, without charging a fee.

East-West United Bank is a Luxembourg-based bank providing Corporate, Private Banking as well as Wealth Management services to corporate and private clients. The bank offers tailor-made financial solutions to address clients’ needs today and help them build tomorrow. EWUB has been successfully operating for 45 years acting as a business partner dedicated to protecting clients’ interests.

Back to top  | << Back

Communiqués liés


Cargolux - Beluga flight faces delay

The decision has been made to postpone the relocation flight of two beluga whale...

Photo arcus BGL BNP Paribas

BGL BNP Paribas soutient les Centres d’Accueil pour Enfant...

Remise de deux chèques pour une valeur totale de 10.000 euros

BGL BNP Paribas
02 andy-bowyer Kleos-space

Kleos Space réalise une étape majeure vers sa commercialis...

Kleos Space S.A. (ASX : KSS, Francfort : KS1), fournisseur de données de reconn...

KLEOS Space s.à r.l.

Dachser - Une croissance bien proportionnée

Le prestataire de services logistiques règle sa croissance sur 5,5 % ; les exp...

p7882134 3359125325 5
12/04/2019 Evènements

2019 marque le 30ème anniversaire d'Accenture au Luxembourg

Une célébration de l'innovation Luxembourgeoise

LOGO selectlux web-500-0-75

RECRUTEMENT RH - Xpertize.lu et iStorm.lu deviennent Select ...

L'année 2018 a été une année importante pour les sociétés de recrutement X...

Select Luxembourg

Il n'y a aucun résultat pour votre recherche

We use cookies to ensure the best experience on our website. By accepting you agree the use of cookies. OK Learn more