VTB Bank Armenia resumes VTB -Express time deposit investmentsSeptember 15, 2009 - 18:05 AMT PanARMENIAN.Net - Considering the high demand for VTB -Express time deposit investments, allowing for time deposits of 15 to 90 days at 12% annual interest rate, VTB Bank Armenia resolved to resume time deposit investments. The investments will be accepted from September 15 to October 15, 2009. "The Bank has promptly reacted to market signals and demonstrated its readiness to support investors, without lowering interest rate and help them minimize possible inflation-caused losses," VTB Bank Armenia press service reported. 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 | Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs. Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. |