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Ameriabank offers unprecedented deposit ‘Structural’

24.04.2010 11:49

Ameriabank offers unprecedented deposit ‘Structural’

YEREVAN, April 23, /ARKA/. Ameriabank has designed a new ‘unprecedented’ product for local financial market as part of its innovation strategy, the so-called ‘structural’ deposit. The minimum amount of this deposit is $40,000, the bank said in a press release, adding that the new service is both for individual and corporate clients.

The new product allows customers to enter global markets and make profits from the difference of prices of oil, gold, Dow Jones indexes and other basic commodities. The risk of losing deposits is equal to zero, the press release said.

The new deposit consists of two components. The first one is a profit from fixed interest rate. The second is an additional profit generating at global markets from the varying prices of basic commodities.

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