Wed, 14 January
-0.9 C
Yerevan
USD: 380.83 RUB: 4.83 EUR: 444.28 GEL: 141.25 GBP: 512.94

VTB Bank (Armenia) offers higher rates for some deposits

YEREVAN, October 31. /ARKA/. VTB Bank (Armenia) has unveiled today a special offer for depositors designed to coincide with the World Savings Day.

The Russian-owned bank said in a press release that from October 31 to November 2, the bank’s clients will be able to formalize “Favorable” and “Progressive” deposits in drams at a 5% increased interest rate.
The interest rate for another deposit called “Autumn Savings” in drams will be up to 10%.

Deposits “Profitable” and “Progressive” are designed for individuals, residents and non-residents of Armenia for a maximum term of 730 days. Customers who formalize these deposits are provided with VISA or MasterCard plastic card as a gift.

Detailed information about the terms of the special offer for depositors can be found in the branches of VTB Bank (Armenia), on its website, and also by calling 87-87.

The World Savings Day was established on October 31, 1924, during the 1st International Savings Banks (World Society of Savings Banks) in Italy.

VTB Bank (Armenia) is entirely owned by Russian VTB Group. It runs 67 branches across Armenia.-0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Armenia approves amendments to agreement on automatic exchange of financial account information

During a meeting on Thursday, the Armenian government gave its approval to a draft law that ratifies the amendment to the Multilateral Agreement of Competent Authorities regarding the "Automatic Exchange of Financial Account Information," which was signed on October 14, 2014.

Market capitalization increased by 6.29% in December to approximately 467 billion drams – Armenia Stock Exchange

 Armenia Stock Exchange (AMX) has summarized the trading activity for December 2025. During the month, a dynamic trading environment has been maintained, highlighting growing investor confidence and market activity.

Armenia’s financial system in December 2025: interest rate declines, lending grows

In December 2025, Armenia's financial market was characterized by a combination of moderate monetary easing, continued high growth rates in bank lending, and the continued development of capital market instruments.

LATEST NEWS

spot_imgspot_imgspot_img