VTB Bank (Armenia) launches new Savings Day with VTB promo campaign

YEREVAN, November 1. /ARKA/. VTB Bank (Armenia) is launching a new Savings Day with VTB promotional campaign to mark the World Savings Day.

According to the bank, by placing Profitable, Progressive and Comfortable types of deposits in AMD from November 1 to 5, 2021 (inclusive), clients will receive monthly growing interest rates.

The bank said that individual clients can place these three types of deposits starting from 30 thousand AMD and get an excellent opportunity to increase the interest rate. Thus,  for deposits placed during the campaign period, the annual interest rate will be increasing  monthly by 0.03% percentage points until the end of the term of the deposit (depending on the term of the deposit, the interest rate can reach up to 10.03%, the annual interest rate is 9.81%). The term of the deposit is from 30 to 365 days. The interest on the deposit is paid at the end of the term.

When placing a deposit, the client receives as a gift a Visa or MasterCard bank payment card with free service during the term of the deposit. Cash withdrawal from VTB ATMs (Armenia) for the period of the deposit is also free.

VTB Bank (Armenia) said also that clients can place a deposit also through the Video Bank remote service, which allows making transactions without visiting a bank branch.

“We would like to remind that individual deposits are insured by the Fund for Guaranteeing Reimbursement of Deposits in accordance with the relevant law,” the bank said.

Detailed information about the campaign can be obtained on the official website of VTB Bank (Armenia) at https://www.vtb.am/ru/promotion/depozitnaia-aktsiia-den-sberezhenii, at the Bank’s branches or by calling the Contact Center at 87- 87.

Income tax on deposit interest is 10%.

The activity of VTB Bank (Armenia) CJSC is regulated by the Central Bank of the Republic of Armenia ($1 – 477.45 drams). -0-

spot_img

POPULAR

Jasmine Home: The Story of Young Sisters’ Business

Ten years ago, sisters Anna and Ani founded Jasmine Home, offering dozens of high-quality textile products—blankets, bedding sets, pillows, and many other items.

Euro and ruble exchange rates against the Armenian dram rose, while the dollar fell: Central Bank of Armenia

The average market exchange rate for the US dollar against the Armenian dram, formed on the Armenian foreign exchange market as of July 3, 2026, fell by 0.41 points compared to July 2, to 367.79 drams.

Inflation of 5.1% recorded in Armenia in June

In the Armenian consumer market, 12-month inflation in June of this year amounted to 5.1%, according to a report from the Statistical Committee of Armenia.

Foreign currency supply increasing in Armenia – Central Bank

The supply of foreign currency is growing in Armenia's foreign exchange market, Armen Ktoyan, a member of the Board of the Central Bank of Armenia, stated in an interview with CivilNet.

Renshin and GTB are uniting around the Cascade project

The memorandum of strategic cooperation signed between Renshin and GTB Development sets a new benchmark in Armenia's urban development and investment landscape.

LATEST NEWS

spot_imgspot_imgspot_img