VTB Bank Armenia increases deposit interest ratesDecember 22, 2011 - 12:21 AMT PanARMENIAN.Net - VTB Bank (Armenia) CJSC comes up with a New Year surprise for depositors. Starting December 2011, increased annual interest rates have operated at the bank for all types of time deposits. Deposits will be accepted by following rates: up to 13% for AMD deposits, up to 9% - for USD deposits, up to 6.25% - for deposits in euro. “On New Year Eve VTB Bank (Armenia) has resolved to increase deposit interest rates to enable clients invest saving, in return, getting high rates. We hope for the offer to enjoy popularity among wide spectrum of people in Armenia,” Chairman of the Bank Board of Directors Valeriy Ovsyannikov said. VISA Int. payment cards will also be provided to depositors as a New Year surprise. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty. Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. Aliyev says no need for mediators in Armenia-Azerbaijan process Azerbaijani President Ilham Aliyev believes that Baku and Yerevan do not mediators in the process of normalizing relations. Aram I supports Karekin II’s “patriotic position” Catholicos of the Great House of Cilicia Aram I has expressed support for the Mother See of Holy Etchmiadzin. |