Tuesday, August 30 2011 18:39
Ardshininvestbank offers a new "Independence" deposit to the depositors on the occasion of 20th anniversary of Armenia's independence
ArmInfo. Ardshininvestbank offers a new "Independence" time deposit on the occasion of the 20th anniversary of Armenia's independence. The press service of Ardshininvestbank told ArmInfo that the attraction of these deposits will be from 1 September till 31 December.
According to the source, under this campaign the deposits will be taken at all branches of the bank at the interest rate of 13% p.a. for AMD deposits, up to 9% p.a. for USD deposits and up to 7% p.a. for RUR deposits. The interest payments will be made both monthly or quarterly and at the end of the period, depending on the depositors' wish. "By introducing the given deposit, Ardshininvestbank gives an opportunity to the population to make a reliable contribution and receive high interest. I think this offer of the bank will be worthily estimated by all our depositors", said Karapet Gevorgyan, Acting Chairman of Board of Ardshininvestbank.
According to the Ranking of Commercial Banks of Armenia by the Agency of Rating Marketing Information, as of 1 July 2011 the portfolio of time deposits of the bank amounted to almost 46 bln AMD and by this indicator the bank is on the list of the top five banks. As compared with 2010, the portfolio of time deposits of Ardshininvestbank has increased by 16% (by 4.4% over Q2 2011). By the time deposits of individuals the bank is also among the top five banks with 32 bln AMD, or about 70% of the total volume of time deposits. Over the first half of 2011, the time deposits of individuals in Ardshininvestbank grew by 13.6% (by 5.6% over Q2 2011), and the annual growth made up 19.1%. -n-
To recall, the branch network of Ardshininvestbank has 55 divisions, 13 of them are in Yerevan, 36 in the regions, and 6 in Karabakh.
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