ArmInfo. VTB Bank (Armenia) launches a special offer on deposits for individuals - the "Autumn Savings" share. As the press service of the bank reports, from October 23 to December 25 this year. When making deposits "Profitable" and "Progressive", higher rates will be applied at VTB Bank (Armenia) - in AMD - up to 10% and dollars - up to 3%.
Deposits "Profitable" and "Progressive" can be issued by individuals, residents and non-residents of RA for a maximum period of 730 days. "In order to increase customer comfort, the Bank also has an opportunity to receive monthly interest on deposits," the bank said in a statement.
According to the source, the "Favorable" deposit has a higher yield, but does not provide for replenishment and withdrawal of funds during the deposit period. Contribution "Progressive" provides replenishment, which allows customers to gradually accumulate funds for specific purposes and simultaneously receive interest on the balance of the deposit. At registration of the above-stated contributions the Bank grants as a gift to clients a plastic card VISA or MasterCard.
More detailed information on the terms of the action can be found in the branch network of VTB Bank (Armenia), on the website www.vtb.am, and also by calling the Unified Information Service of the Bank at 87-87.
According to the Financial Rating of the Armenian Banks as of July 1, 2017, prepared by the Armenian ArmInfo, VTB Bank (Armenia) for the term deposits portfolio is in the TOP-7 - 93.5 billion drams or $ 194.6 million. Their structure is dominated by individuals - over 93%, against 88% a year earlier. In the total liabilities of the Bank, the share of term deposits increased from last year's 44.1% to the current 47.4%.
"VTB Bank (Armenia)" CJSC became a participant of the international financial group VTB in April 2004. At present, VTB Bank, the second largest bank in Russia, owns 100% of VTB Bank (Armenia). The Bank is traditionally one of the leaders of the banking system of the Republic of Armenia in terms of key indicators. The coverage of the branch network of VTB Bank (Armenia) has 67 branches with presence not only in the capital, but also in all regions of the country.