Friday, April 23 2010 11:01
Individuals' fixed-term deposits in Unibank increase by 26%
ArmInfo. As of 31 March 2010 the volume of individuals' fixed-term deposits in Unibank amounted to 45.5 bln AMD, having increased by 26%as compared with the same period of 2009.
The Unibank press service told ArmInfo that the legal entities' fixed-term deposits amounted to 10.2 bln AMD, the annual growth being 27,5%. By the end of Q1 2010, the volume of call deposits amounted to 9.2 bln AMD. The volume of call deposits of individuals doubled as compared with the 2009 index.
According to the source, for the fourth year running Unibank has been the leader in the banking system by the volume of fixed-term deposits of individuals. The active growth of fixed-term deposits is conditioned by the constant growth in the depositors' confidence, as well as by the attractive terms of bank deposits, which are means for various categories of clients. The bank's deposits have a multi-currency regime, an opportunity for capitalization and prize drawing.
For instance, drawing of invitation cards to Arthur Abraham's boxing match will be held in spring among the holders of "Let's Win Together" deposits. The annual interest on "Let's Win Together" deposit is up to 11.5%, the minimum size - 300,000 AMD. The holders of "Capital +" deposit will be able to capitalize their interest on the principal amount. The period of the deposit is 31-365 days, the annual interest - up to 8.5%, the minimum size - 30,000 AMD. "Multi-currency" deposit offers multi-currency regime for the whole depositing period, i.e. the holders will be able to change the currency without cancelling the contract with the bank. The annual interest on this deposit is up to 9%, the minimum size - 100,000 AMD.