VTB Bank (Armenia) unveils new type of deposit

All news related to Deposit

06.10.2016 17:27

YEREVAN, October 6. / ARKA /. VTB Bank (Armenia) said today it has introduced a new type of term deposit designed for individual customers, called ‘Comfort.’

According to the bank, the new deposit allows its clients to ‘easily and comfortably’ accumulate funds by replenishing the deposit or withdrawing money without losing the accrued interest.
According to a bank’s press release, the deposit is accepted in Armenian drams, US dollars, euros and Russian rubles. The maximum rate on deposits in Armenian drams is 7.5%. The minimum deposit amount is 100,000 drams or USD / EUR 300, or 10,000 Russian rubles.

"The main advantages of this deposit is that the client may replenish it any time or withdraw money. While replenishing the deposit and moving to the next accrual gradation higher interest rate is applied. When placing a deposit in Armenian drams through "Internet Banking" system 0.25% is added to the standard rate. Partial preservation of interest upon early termination of the deposit in Armenian drams is made after 181 days ", according to the press release.

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Deposits in Armenia’s commercial banks keep shrinking

01.07.2016 22:07

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

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Armenian regulator sets system of differentiated obligatory insurance payments

22.03.2016 13:58

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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No sharp changes in deposit interests expected, union of banks of Armenia

02.11.2015 11:03

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

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Resident deposits in Armenian banks drop by 0.8 percent in august

05.10.2015 18:40

In late August 2015 the overall deposits at 21 Armenian commercial banks stood approximately at 1.835.6 trillion drams, having decreased by 0.8% from the previous month, according to the latest numbers, released today by the National Statistical Service (NSS)

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VTB Bank (Armenia) offers safe deposit boxes for holidaymakers and business travellers

17.07.2015 17:47

VTB Bank (Armenia) said today all those Armenian citizens who have their summer vacations outside the country or are having protracted business trips can use its safe deposit boxes for safekeeping their cash, jewelry, valuable papers and documents

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Deposits at Armenia’s commercial banks grows 2.4% to AMD 1 801 billion in May

03.07.2015 15:49

The total amount of deposits at Armenia’s commercial banks reached AMD 1 801 billion by late May 2015 after growing 2.4% over the month, the National Statistical Service of Armenia reports

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Deposits grow 2.8% in Armenian banks after three-month decline

03.06.2015 15:57

Residents’ deposits in Armenia’s commercial banks rose by 2.8% to 1,759.4 billion drams in April this year, after having kept declining in the previous three months, the National Statistical Service reported

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Tags: RESIDENT

Anelik Bank offers new deposit – Hot Summer

29.04.2015 18:25