YEREVAN, September 5. /ARKA/. Areximbank-Group of Gasprombank offers its clients a new method of maintenance of monetary means from currency risks – non-material metallic accounts (NMA), press-service of the Bank informed “ARKA”.

According to the press-release, the essence of the service is that the client can open NMA tying the amount on the account to the gold price, i.e. turning the money into “virtual” non-material gold.

“The service NMA will give the client a number of advantages such as receiving income from price increase of gold, reduction of impact of currency rate variations, opportunity of avoiding risks of losses or theft, as well as significant economy of time for its implementation”, states the press-release.

Opening of metallic account is free and minimum account balance – zero grams.

Calculation and conclusion of transactions of non-cash gold is implemented taking into account gold weight only of probe 999. Clients having NMA accounts can sell non-material gold to the bank any time according to the given exchange rate or transfer to the accounts of non-material gold of other banks.

Areximbank-Gazprombank Group operates in the financial market of Armenia since 1998. It is the affiliate of Russian “Gazprombank”. As of August 30, 2011 the Bank has served 54 341 clients, of which 52 506 are individuals and 1 835 – legal entities. At present, the branch network of the Bank has 15 sub-divisions, of which 6 are in Yerevan and 9 – in different regions of the country. –0--