YEREVAN, June 25, /ARKA/. Unibank said today it has revised upward the interest rates on its Flexible time deposit, making them even more profitable for depositors. According to a bank’s press release, in case of placing a deposit in Armenian drams the interest rate is 9%. The interest rate for deposits in USD is 4.5% and for deposits in Euros is 1%. The special offer will be effective until June 10, 2019.

The bank said also that the Flexible deposit offers not only high returns, but enables depositors to take also advantage of additional opportunities, such as replenish the amount, to convert the currency during the entire term of the deposit, as well as to partially or completely withdraw the interest after 91 days since the signing of deposit contract.

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Tags: Deposit, Unibank

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Every year, on World Savings Day, marked October 31, VTB Bank (Armenia) unveils updated and improved terms for its customers to place deposits, thus motivating them to save and receive income

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Tags: Deposit, VTB Bank (Armenia), World Savings Day

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Every depositor strives to choose a deposit with a high interest rate, reliability and additional benefits. Bank deposits are not only a way to keep savings, but also a way to multiply them, Unibank said in a press release today

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Tags: Deposit, Flexible, offer, Unibank

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The total amount of deposits in Armenian banks at the end of April 2018 stood at 2.539.4 trillion drams, down by 103.8 billion drams (about $214 million) or 3.9%

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Tags: Armenia, bank @en, Deposit

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VTB Bank (Armenia) said today that those of its customers who will open Profitable and Progressive deposit account with at least 12-month term will get the interest amount right after formalizing the contract

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Tags: Deposit, depositors, profitable, Progressive, VTB Bank (Armenia)

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VTB Bank (Armenia) has embarked on attracting from individuals ‘Beneficial’ and ‘Progress’ time deposits with the opportunity of monthly payment of interests, the bank’s press office reported on Monday

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Tags: Deposit, payment, VTB Bank (Armenia)

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VTB Bank (Armenia) said today it has introduced a new type of term deposit designed for individual customers, called ‘Comfort.’

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Tags: Armenia, Bank VTB (Armenia), Deposit

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The aggregate amount of deposits in Armenia’s commercial banks keeps shrinking, the National Statistical Service reports

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Tags: Armenia, commercial bank, Deposit

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The Central Bank of Armenia has set up a system of differentiated obligatory insurance payments which Armenia’s banks transfer to the deposit guarantee fund

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Tags: Armenia, Deposit, guarantee, insurance, PAYMENTS

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The vice-president of the Union of Banks of Armenia Seyran Sargsyan ruled out today sharp changes in interest rates on deposits in Armenian dram

Categories: Banks @en, General news, News, News of the hour | Comments Off on No sharp changes in deposit interests expected, union of banks of Armenia

Tags: Armenia, Banks, changes, Deposit

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