Thursday, August 11 2011 18:17

In Jan-June 2011 Unibank enlarged its time deposit portfolio by 28%


ArmInfo. In Jan-June 2011 as compared with Jan-June 2010 Unibank enlarged its time deposit portfolio by 28% to 80.3bln AMD. The amount of private time deposits grew by 18% to 47.4bln AMD, reports the press service of Unibank.

The source says that the prevalence of long-term deposits proves that Unibank enjoys high confidence among its customers. The most popular is the "Convenient" deposit offering high yield and opportunities to revoke part of the sum and to receive a 90% overdraft. The interest rates are 12% for AMD, 8% for USD and 6% for EUR deposits.

"Unibank has the biggest time deposit portfolio in Armenia's banking system. The bank's deposits are very popular due to their diversity, security and favorable terms," says Diana Jeyranyan, Head of Unibank's Retail Deposit Unit.

Today, Unibank offers a wide range of time deposits with 12.1% interest and lots of additional options: multi-currency regime, capitalization of interest, replenishment or partial revocation of a deposit, free of charge insurance and involvement in prize draws. You can deposit money at any of the bank's 37 branches.
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