Monday, November 18 2013 19:14

Unibank raises Profitable+ deposit rate to 14%


ArmInfo. Erik Abrahamyan. Unibank has raised the rate of the Profitable+ time deposit, thereby increasing the deposit yield for individuals.

The press service of Unibank has told ArmInfo that Profitable+ can now on deposited in Armenian drams at the rate 14% p.a. for a period ranging from 181 to 365 days. If the money is deposited for a period ranging from 91 to 180 days, the interest rate is 11% p.a. The money can also be deposited in US dollars and Euros at 7% p.a. and 5% p.a., respectively. The minimum amount of the deposit is 100,000 AMD or 300 USD/EUR.

The depositors of the Profitable+ can not only receive high income, but also enjoy additional services: replenish or partly withdraw the deposited amount, choose the regime of interest accrual - monthly or at the end of the deposit period. Unibank provides all depositors of the Profitable+ with ArCa and Visa cards, as well as a UNIpay card. One more advantage of the deposit is the opportunity to get overdraft facilities worth 90% of the deposit amount. One can become a depositor of the Profitable+ at any of the 45 branches on Unibank in Yerevan or in provinces. As of 1 October 2013, Unibank's deposits amounted to 124.2 bln AMD (29% y-o-y growth). The Bank's time deposits grew by 39% to 114 bln AMD.
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