Wednesday, July 10 2013 14:48
Deposits with Unibank up 34%
ArmInfo. Deposits with Unibank grew 34% as of late May 2013 as compared to the same period of 2012 and totaled 11.9 bln drams. Unibank press-service told ArmInfo the share of time deposits in total was 90.4% or 101.2 bln drams.
Due to dynamic growth of its indicators, Unibank is the leader in the banking system of Armenia in terms of time deposits, which shows the high population confidence in the bank. The bank offers attractive conditions to its customers giving then an opportunity to place funds and plan their savings. In summer Unibank announced two profitable deposits: Summer and Unistream, which become extremely popular among the bank's customers within a short period.
Summer deposit is attractive for its high interest rates and short period of placement (starting 3 months). The deposit can be made both in terms of AMD and foreign currencies on the following annual interest rates: 13% for AMD, 8%-9% for USD, and 6% for EUR. The minimum amount of the Summer deposits is 100,000 AMD or 300 USD/EUR.
Deposit Unistream is available for all the customers receive money transfer via Unistream system. The annual interest for the deposit is 13.5% and the maturity period is 91 -180 days for both national and foreign currency. If money transfer is in terms of foreign currency, it must be converted at Unibank. The minimum amount of Unistream deposit is 30,000 AMD.
The bank cares for its loyal customers and offers special terms for them: customers of Unistream system can register a deposit on a higher interest rate and join a great drawing 'Become the holders of a gold bar.' In additional Unibank increased the prize fund. In addition, the drawing is now available not only for the customers placing Unistream deposits but also for other customers.