VTB Bank (Armenia) offers special terms for new recurring deposits

YEREVAN, March 20. /ARKA/. VTB Bank (Armenia) is offering special terms to its clients who open recurring deposits, the bank’s press office reported.

From now on, clients will be getting a free Internet banking service while opening VTB-Targeted or VTB-Dram time deposit in VTB Bank (Armenia)

The Internet banking service will enable the clients replenishing their deposits and taking the advantage of some other services (remittances, payments against public utilities, loan repayments, applying for cards, and etc.) from home or the office, says the report.

Apart from this, a multi-currency Visa international card will be provided to deposit holders for free, says the bank.

According to the press office, VTB-Dram deposit can be opened at maximum 17% interest rate with an initial amount of at least 30,000 drams. Maximum rate is 16.25% and minimum initial amount is 10,000 drams for VTB-Targeted.

More details about the deposits are available on www.vtb.am.

VTB Bank Armenia (Armenian Savings Bank before June 2006) joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia).

VTB Bank (Armenia) has 67 branches all over Armenia’s territory – the largest branch network in the country. It is reckoned to be among leaders for general indicators.

The bank’s assets totaled AMD 379.6 billion in late 2014 after growing 25.6% over the year, and liabilities were AMD 334.8 billion after growing 26.3%. Its capital grew by 20.2% to AMD 44.7 billion and loan portfolio by 11.6% to AMD 244.3 billion.

VTB Bank (Armenia) earned AMD 777.14 million in profits in 2014 against AMD 5.6 billion in 2013. ($1 – AMD 479.03). –0–

spot_img

POPULAR

A story of people, goals, and trust: Acba Bank’s 30-year journey (VIDEO)

Thirty years ago, a group of young people with a bold vision and rather limited resources launched an enterprise whose future scale was difficult to imagine.

Armenia targets 6% annual GDP growth – Prime Minister

The Armenian government aims to ensure an average annual economic growth rate of 6% over the next five years, Prime Minister Nikol Pashinyan stated.

“The Golden Hour”: IDBank explains how to respond effectively to a scam attack

In medicine, there is a concept known as the “golden hour” – the critical time after an injury when assistance is most effective.

Donate Blood, Save Lives: Idram&IDBank

To support the replenishment of necessary blood supplies and promote a culture of blood donation, Idram and IDBank have joined the voluntary blood donation initiative organized by the Yeolyan Hematology and Oncology Center.       

Unibank has issued perpetual bonds with an annual coupon yield of 13.2%

Unibank announces a new issue of perpetual bonds denominated in AMD. The total issue volume is AMD 3 billion, with the placement scheduled to continue until 4 December 2026.

LATEST NEWS

spot_imgspot_imgspot_img