Bank VTB (Armenia) announces new year deposit offer for its customers

YEREVAN, December 26. /ARKA/. The Russian-owned Bank VTB (Armenia) announced a new deposit offer for its customers called “New Year.” The bank said in a press release that the offer is effective from 26th of December 2011 to 28th February of 2012 when deposits will be accepted at 13% annual interest rate for 3 months.

During the offer time the bank will provide its customers with free VISA plastic cards with a credit limit of 90% of the deposit. This offer gives clients an opportunity to receive significant interest income in a short period of time.

Bank VTB (Armenia) is fully owned by Russian VTB Group. It has 68 branches in Armenia, more than any other Armenia-based commercial bank. -0-

spot_img

POPULAR

Euro jumped 3.71 points against the Armenian dram: Central Bank

The average market exchange rate for the US dollar against the Armenian dram, determined on the Armenian foreign exchange market, increased by 0.43 points on July 30, 2026, compared to July 29, to 366.63 drams.

Net inflow of remittances to Armenia from abroad increased approximately 2.3-fold in the first half of the year

The net inflow of cross-border transfers to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.38 billion in January-June 2026, compared to $587.6 million in January-June 2025, according to a report from the Central Bank of the Republic.

Moody’s Raises Acba Bank Rating Outlook

Moody's, the international rating agency, simultaneously raised the outlook on Armenia's sovereign credit rating and changed the outlook on Acba Bank's Ba3 long-term deposit and issuer ratings from "stable" to "positive."

4.5% Inflation Recorded in Armenia in July

Twelve-month inflation in the Armenian consumer market in July of this year was 4.5%, according to a report from the Statistical Committee.

Moody’s affirms Converse Bank’s ratings and changes outlook to positive from stable

Moody's Ratings has affirmed Converse Bank's long-term deposit ratings at Ba3 and changed the outlook to positive from stable.

LATEST NEWS

spot_imgspot_imgspot_img