Wednesday, June 2 2010 16:56
Ardshininvestbank ups deposits rates
ArmInfo. From June 1 to June 30 inclusively, Ardshininvestbank is offering high interest rates for the depositors
of "Child" deposit on occasion of the Children's Day. Dram deposits are accepted at 12% annual interest rate versus previous 9.9% and USD deposits at 7.3% annual interest rate versus previous 6.9%.
Ardshininvestbank told ArmInfo the bank has already raised 67bn drams deposits of individuals and legal entities, including over 33bn drams are time deposits and call liabilities.
"Staying committed to its priorities, Ardshininvestbank makes a campaign again, and this time for children and their parents. By participating in the campaign, our compatriots will have an opportunity to build the prosperous future of their children today", says Nerses Karamanukyan, the Chairman of the management board of Ardshininvestbank.
Ranking of Armenian Commercial Banks prepared by Agency of Rating Marketing Information (ArmInfo) says that as of April 1 2010
Ardshininvestbank was among top three banks in terms of time deposits (almost 50% of its general obligations), time deposits of individuals (nearly 70% of the bank's total time deposits) and call liabilities (over 30% of its general obligations).