15.05.2015 14:02
YEREVAN, May 15. /ARKA/. VTB Bank (Armenia) has improved its deposit product line, the bank’s press office reported.
VTB Bank (Armenia) offered its deposit holders to pick the deposit parameters, including term, currency, frequency of interest payments, and etc. The annual interest rate is formed based on those parameters.
One of the main advantages for the deposit holder is the broad choice of frequencies for getting the interest paid. In particular, deposit holders can be paid the interest while placing their deposits or on a monthly basis with/without interest capitalization and at the end of the deposit term. The most interesting option offered is a special deposit with an opportunity to keep the accrued interest in the event of cancelling the deposit.
Deposits can be placed for 30 to 370 days at maximum rates AMD (17.5%), RUR (11%), USD (6.5%) and EUR (5.75%).
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