YEREVAN, June 4. /ARKA/. The Armenian Development Bank (ADB) said today it will give special gifts to those of its clients that will open Children deposit until June 30. In a press release sent to ARKA than ADB said the peculiarity of this deposit is that it can be opened in the name of a child under 18 years not only by parents but also grandparents or other relatives.
The deposit is accepted for a period from one year to 18 at an annual rate of 13% in AMD, 9.15% in U.S. dollars and 7.5% in euros. The deposit amount can be increased at any time without restrictions. Interest is accrued on the deposit amount once a year. -0-
