VTB Bank Armenia increases deposit interest rates

VTB Bank Armenia increases deposit interest rates
December 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.

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