Tue, 10 June
20.1 C
Yerevan
USD: 384.44 RUB: 4.83 EUR: 434.11 GEL: 140.51 GBP: 515.15

Bank VTB (Armenia) announces special deposit offer

YEREVAN, June 3. / ARKA /. The Russian-owned Bank VTB (Armenia) has announced a special deposit offer called VTB-Childhood saying it was prompted by the International Children’s Day marked on June 1.

The offer will be effective from June 1 to June 30, 2011 and according to a bank press release, it offers improved terms. Particularly, deposits are accepted for a period of 1 to 15 years (instead of the previous 5 years) with a 10.5% annual interest rate for deposits in Armenia’s national currency, the dram (instead of 9%). Deposits are accepted in AMD, USD and Euro and the minimum initial deposit amount is 30.000 drams, or 100 euros or US dollars.

“We know that all parents want to secure a better future for their children and a bank deposit is a best option to do so. The main advantage of VTB-Childhood deposit is that clients are given the opportunity to accumulate funds for their children, which later can be used for payment of their university studies,’ VTB Bank (Armenia) CEO Valery Ovsyannikov was quoted as saying. For detailed information clients can visit www.vtb.am or call 87-87.

Bank VTB (Armenia) is owned by Russian Bank VTB. It has 68 branches across Armenia, 24 in Yerevan and 44 outside it. It also operates 59 ATMs and 400 POS terminals. -0-

spot_img

POPULAR

Euro and ruble exchange rates to the Armenian dram fell, the dollar rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 6, 2025, increased by 0.06 points compared to June 5 and amounted to 383.46 drams.

Mechanism to stimulate cashless payments to be developed in Armenia

On Friday, the Armenian government held a meeting on issues related to stimulating cashless payments in the country.

Acba Bank contributed to the construction of a modern sports ground in Goris

In the “Haghtanak” park of Goris, a sports ground that meets modern standards was built in cooperation with Acba Bank, the Hayastan All-Armenian Fund and the Goris City Hall, the bank’s press service reported.

Acba Bank and NABU launch free 2025 program for organic agriculture development

Acba Bank and the Armenian branch of the German "Nature and Biodiversity Conservation Union" (NABU) are launching a free 2025 Organic Agriculture Development Program, the bank's press service reported.

Dollar and euro exchange rates to the Armenian dram fell again, while the ruble rose

The average market exchange rate of the US dollar to the Armenian dram, formed on the Armenian currency market as of June 4, 2025, fell again by 0.1 points compared to June 3 and amounted to 383.76 drams.

LATEST NEWS

spot_imgspot_imgspot_img