Bank VTB (Armenia) makes a New Year offer on deposits

YEREVAN, December 12. /ARKA/. Bank VTB (Armenia) has announced a promotional deposit offer to its customers ahead of the New Year holidays, the bank’s press office reported.

If opening a VTB-Perspective+ deposit account in drams before February 28, 2015, clients will get the highest interest income – 14.25% for 365-day deposits and 14.75% for 730-day deposits.

The minimum deposit amount is 100,000 drams, and the interest is paid at the end of the term. Clients get gift Visa card from the bank when opening the deposit account.

Apart from this, the bank offers higher interest rates on euro deposits.

For more details customers should visit www.vtb.am or call 87-87. Deposit accounts can be opened also using Internet banking, according to the report.

Bank VTB (Armenia) closed joint stock company became a member of VTB financial group in April 2004. The second biggest Russian bank, Bank VTB open joint-stock company, is now the full owner of Bank VTB (Armenia). The bank used to be among leaders of Armenian banking system on a number of basic indicators. Currently the bank has the biggest network in Armenia – 67 branch offices throughout the country.

Assets of Bank VTB (Armenia) amounted to 306.4 billion drams as of the end of September (1.38% increase from the beginning of the year); the bank’s liabilities were 260.8bln drams (1.58% decrease), total capital 45.6 bln drams (22.44% growth), loan investments about 224.3bln drams (2.53% increase). The quarter three profit of the bank amounted to 870.8 mln drams, a decrease of 78.3% compared to Q3 2013. ($1 – 459.09 drams). –0–

spot_img

POPULAR

Armenian banks will provide citizens with account statements free of charge

Individuals in Armenia will be able to receive free electronic statements from commercial banks about their bank accounts, their balances, and the presence or absence of mutual obligations with the bank.

The investment portfolio of Armenian banks in the second quarter amounted to 1.93 trillion drams, a decline of 9.5% year-to-date

The total investment portfolio of commercial banks in Armenia at the end of June 2026 amounted to 1,933,341,220 thousand drams, a decrease of 202.38 billion drams, or 9.48%, year-to-date.

S&P affirms Armenia’s ratings, maintaining a positive outlook

The international rating agency S&P Global Ratings affirmed the long- and short-term sovereign ratings of the Republic of Armenia at 'BB-/B', maintaining a positive outlook, the Ministry of Finance reported.

Armenia’s public debt will remain stable at just above 40% in the medium term – S&P

Armenia's public debt (excluding liquid assets) will remain broadly stable at just above 40% of GDP in the medium term, according to a report from the international rating agency S&P Global Ratings.

A unique greenhouse complex opened in Armenia

A unique greenhouse complex for tomato cultivation, equipped with artificial intelligence, robotics, and the latest technologies, has officially opened in the village of Nor Yedesia in the Aragatsotn region, according to the press service of Acba Bank.

LATEST NEWS

spot_imgspot_imgspot_img