Currently: The annual interest rate of Swiss Bank for one year is 0.01,
So
Interest=5000000×0.01
=500 (Swiss francs )
UBS Bank Introduction:
United Bank of Switzerland (---UBS) UBS Group was formed in 1998 through the merger. UBS is renowned and a world leader in private services, serving more than four million individuals and businesses.
UBS is the world's second largest private wealth asset manager and the second largest bank in Europe in terms of capital and profitability. Among them, UBS has 96 branches and approximately 49,000 employees worldwide.