YEREVAN, December 22. /ARKA/. The Yerevan-based Unibank said today individuals and legal entities that prefer to keep their savings in Armenia’s national currency, the dram, or Russian rubles, may sign contracts for AMD/RUR deposits.
According to a press release, the bank sent to ARKA, the interest rate on deposits in drams is set at 16% given the deposit term is from 91 to 180 days. The interest rate on deposits in Russian rubles is up to 7% per annum.
For customers who prefer to keep their savings in US dollars, Unibank offers deposits at a rate of up to 7% per annum with the possibility of replenishment and withdrawal. The bank said also there are no restrictions on deposit replenishment amount, except for the last three months of the deposit term.
All depositors are provided with ArCa or Visa Electron cards as gifts, as well as with UNIPAY cards designed specifically for payment of utility bills. For legal entities Unibank has developed free ‘Internet Client-Bank’ service.
“Thanks to the confidence of customers in our bank, profitability rates, simple and understandable terms, deposits at Unibank have always been very popular with customers. These terms allow depositors to accumulate savings and effectively manage them,’ head of Sales and Retail Business Department, Gurgen Ghukasyan, is quoted as saying.
According to him, as of December 1, 2015 the amount of private term deposits in the bank stood well over 80 billion drams.
Unibank was founded in October 2001. In 2002 it introduced Unistream system. Its only shareholder is Glover Holding LTD. In 2015 the Bank was reorganized into an open joint stock company. The bank’s assets at the end of September 2015 stood at 156 billion drams; the liabilities – at 135.3 billion drams; the capital was worth 20.7 billion drams. Its credit investments stood at 107. 6 billion drams. In the first 9 months of 2015 Unibank earned 761.3 million drams in net profit. ($ 1- 479.49 drams) .-
