{"id":92198,"date":"2015-10-22T11:32:49","date_gmt":"2015-10-22T11:32:49","guid":{"rendered":"https:\/\/armbanks.am\/2015\/10\/22\/243704\/"},"modified":"2024-12-15T13:20:35","modified_gmt":"2024-12-15T13:20:35","slug":"vtb-bank-armenia-offers-accumulation-accounts-with-an-8-interest-rate","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2015\/10\/22\/92198\/","title":{"rendered":"VTB Bank (Armenia) offers accumulation accounts with an 8% interest rate"},"content":{"rendered":"<p><strong>YEREVAN, October 22. \/ARKA\/.<\/strong> VTB Bank (Armenia) offers accumulation accounts with an 8% interest rate, the bank reported on Thursday in its news release.<\/p>\n<p>The accumulation account allows depositors to accumulate money for any long-term purposes. The depositors having money on such accounts enjoy interests and may use their accumulated money at any moment without losing the accumulated interests.<\/p>\n<p>According to the news release, clients need to put on their account at least AMD 10,000 as first deposit, and if a client preserves no less than AMD 10,000 on his\/her accumulation account every day of the current month, then no monthly commission will be taken for servicing the account. Otherwise, AMD 390 will be taken as monthly fee.<\/p>\n<p>If there is less than AMD 10,000 on the account, average monthly balance is 0.01%, if the amount exceeds AMD 10,001 but is less than AMD 100,000, then average monthly balance is 7% and if it more than AMD 100,000, the average balance is 8%. Interests are coming to the account every month.<\/p>\n<p>Depositors may replenish their account or withdraw money whenever they want (a remarkable advantage, compared with other types of deposits). A higher yield than at banking accounts is also among the offered advantages.<\/p>\n<p>The accumulation account also gives an opportunity for distant accumulation from salaries, transfers etc.<br \/>\nVery few papers are needed for opening the account.<\/p>\n<p>A free Internet banking service is provided to every client who opens the accumulation account. The service allows accumulating money without visiting the bank.<\/p>\n<p>The account may be replenished also via 1,200 TelCell payment terminals in Yerevan and provinces.<br \/>\nMore detailed information may be received by visiting the bank&#8217;s official website or any of the bank&#8217;s branches. One can also call 87-87 to get information by phone.<\/p>\n<p>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\u2019s territory &#8211; the largest branch network in the country. VTB Bank (Armenia) is reckoned among leaders for general indicators. &#8212;-0&#8212;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VTB Bank (Armenia) offers accumulation accounts with an 8% interest rate, the bank reported on Thursday in its news release<\/p>\n","protected":false},"author":1,"featured_media":167522,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[9214,9216],"tags":[12737,12492,15826],"class_list":{"0":"post-92198","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-banks-en-en","8":"category-news","9":"tag-accounts","10":"tag-offer","11":"tag-vtb-bank-armenia-2"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/92198","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=92198"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/92198\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/167522"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=92198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=92198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=92198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}