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VTB Bank (Armenia) offers clients higher interest rates for remote opening of deposits

YEREVAN, April 2./ARKA/. VTB Bank (Armenia) offers its clients an opportunity of remote opening of deposits with a preferential interest rate, the press office of the bank reported on Thursday.

The offer is in force from April 1, 2015. Those who open deposits in drams through Internet banking service will enjoy 0.25 percent added to the current interest rates.

Minimum amount for deposition is 10,000 drams, and maximum interest rate is 17.75%.
Such depositors will receive information about the deposited sums and their interests at any time they want, and they will be able to add money to their deposits 24 hours a day in online regime without leaving their homes or offices in Armenia or abroad.

Details are available on www.vtb.am in Time Deposits section.

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. VTB Bank (Armenia) is reckoned among leaders for general indicators.

The bank’s assets totaled AMD 379.6 billion in late 2014 (25.6% growth), and liabilities AMD 334.8 billion (26.3% growth). Its capital amounted to AMD 44.7 (20.2% growth), loan portfolio to AMD 244.3 billion (11.6%) and its profit for 2014 AMD 777.14 against the previous year’s AMD 5.6 billion. -0—

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