Armenian Development Bank promises gifts to owners of children deposit

04.06.2012 20:46
Armenian Development Bank promises gifts to owners of children deposit

YEREVAN, June 4. /ARKA/. The Armenian Development Bank (ADB) said today it will give special gifts to those of its clients that will open Children deposit until June 30. In a press release sent to ARKA than ADB said the peculiarity of this deposit is that it can be opened in the name of a child under 18 years  not only by parents but also grandparents  or other relatives.

The deposit is accepted for a period from one year to  18 at an annual rate of 13% in AMD, 9.15% in U.S. dollars and 7.5% in euros. The deposit amount can be increased at any time without restrictions. Interest is accrued on the deposit amount once a year. -0-


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