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New Currency Investment Options Available at Monobank

Monobank introduces a new currency investment service offering returns up to 3.7%.

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Monobank is expanding its services by introducing new currency investment options through the "Bank". According to Oleg Gorokhovsky, users will be able to earn between 2.8% and 3.7% annually, depending on the currency chosen.

To start investing, users need to deposit 1100 US dollars or euros into the currency "Bank". Monobank will use these funds to purchase government bonds. Investments in dollars yield a return of 3.7%, while those in euros offer 2.8% annually.

Users can withdraw their funds at any moment, even immediately after making a deposit. Currently, this feature is being launched in a test format, and after reaching 5000 active users, subsequent interested parties will be placed on a waiting list.

"At the moment, we do not have enough currency government bonds to meet the higher demand. However, if there is significant interest, we will purchase more bonds and continue," Gorokhovsky stated.