YEREVAN, December 22. /ARKA/. Ahead of New Year festivities the Russian-owned Bank VTB (Armenia) has announced an increase in its annual interest rates for all types of time deposits, the bank’s press service told ARKA.

The annual interest rate for deposits in Armenia’s national currency, the dram, was raised to 13%, for deposits in USD to 9% and for deposits in Euro to 6.25%. Presently Bank VTB (Armenia) offers six types of deposits with more advanced and convenient terms.

Bank VTB (Armenia) CEO, Valery Ovsyanikov, was quoted as saying in a press release that the offer gives the citizens an opportunity to invest their money safely and get higher interest rates.

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Tags: Bank VTB (Armenia), Deposits, RATES

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Interest rates on individual foreign currency deposits in Armenia rise by 0.7 p.p. in September.

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Tags: Armenia, CURRENCY, RATES

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Interest rates on loans in AMD deposits rise in August.

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Tags: Armenia, RATES

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Average percent rate of long-term deposits (more than 1 year) in August for legal entities increased by 1.45 p.p. in July.

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Tags: Armenia, Deposits, RATES

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The average interest rate on deposits in Armenian banks in August grew by 0.7 percentage point if compared with the previous month, to 8.2%.

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Tags: Armenia, CBA, RATES

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Percent rates of long-term deposits of physical entities in Armenia reduced in July by 1.3 p.p.

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Tags: Armenia, Deposits, RATES

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Average percent rate of long-term deposits (over 1 year) for physical entities in June 2011 reduced by 0.4 p.p. compared to May 2011 in Armenia, the report of CBA “Summarization of monetary-credit indicators for June 2011” states.

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Tags: Armenia, RATES

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Average interest rates on inter-and –intra bank repos rise by 1.79 percentage points.

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Tags: Armenia, AVERAGE, RATES

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Percent rates of long-term dram deposits increased in May and in foreign currency – reduced.

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Tags: Armenia, Banks, Deposits, RATES

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Average percent rates of long-term credits (over 1 year) for physical entities reduced by 0.45 p.p. in May compared with April.

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Tags: Armenia, Banks, credits, RATES

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