April 6, 2009 - 22:33 AMT
Ardshininvestbank introduced a new deposit type
Ardshininvestbank introduced a new "Dram" deposit type. The deposit gives an opportunity to save the funds in Armenian Drams. Depositing minimum AMD 300,000, the annual interest rate for the funds invested will make up 12%. Hereafter, an extra 1% will be added to the acting annual interest rate after each 90 days reaching to 15% annually. If 30 days and more are left to deposit payout, the deposit fund may still be increased, the bank's official website reports.