Tue, 1 April
15.1 C
Yerevan
USD: 391.10 RUB: 4.61 EUR: 422.27 GEL: 141.45 GBP: 504.83
spot_img

Cumulative deposit on flexible terms: Byblos Bank Armenia’s new offer

YEREVAN, July 1. /ARKA/. Byblos Bank Armenia introduced a special cumulative deposit offer aimed at fostering dynamic growth of funds, the bank announced on Monday.

Once the deposit is fixed, it can be topped up at any time (except during the three months prior to maturity), and interest will be accrued quarterly.

Deposits starting from AMD 500,000 | $1,000 | €1,000 and above are accepted, offering competitive interest rates and access to an overdraft facility.

Customers booking a deposit as part of the offer will receive a 50% discount on the rental of safe deposit boxes.

Deposits can be fixed at any branch of Byblos Bank Armenia, while applications can be submitted online as well.

The offer is valid until December 31. Detailed information can be obtained on the Bank’s official website.

spot_img

POPULAR

Mirzoyan got acquainted with investment climate of Kazakhstan and mechanisms for resolving international disputes

Armenian Foreign Minister Ararat Mirzoyan visited the Astana International Financial Center (AIFC) as part of his official visit to Kazakhstan, the press service of the Foreign Ministry reported.

Technological Gaps and Lack of Open Banking Stalling Armenia’s Investment Market- Director of Sirius Capital

The technological underdevelopment of the stock exchange and the lack of open banking are hindering the development of the investment market in Armenia, says Ararat Mkrtchyan, executive director and managing member of the investment company Sirius Capital.

Armenia is experiencing an investment boom: opportunities, barriers and main misconceptions

Armenia's investment market is experiencing a period of active development: the number of issues is growing, digital technologies simplify access to financial instruments.

US Dollar and ruble rise against Armenian dram

The average market exchange rate of the US dollar to the Armenian dram on March 27, 2025, increased by 0.01 points compared to March 26 and amounted to AMD 391.81.

Euro down 0.71 points against dram, US dollar down 0.22 points

The average market exchange rate of the US dollar against the Armenian dram decreased by 0.22 points to AMD 391.59 on March 28 compared to March 27.

LATEST NEWS

spot_imgspot_imgspot_img