Thursday, October 6 2016 12:57

ArmInfo. VTB Bank (Armenia) keeps developing new products demanded by its customers. This time, the bank offers "Comfort," a new time deposit for privates, according to VTB Bank (Armenia) press-office. Depositors can accumulate funds easily and comfortably replenishing and withdrawing money at any time without yield loss. Registering a deposit, the customer receives VISA or MasterCard as a gift.

According to the source, the maximum interests are 7.75%, 1.5%, 0.25%, 4% for the deposits in terms of drams, dollars, euros, and rubles, respectively. The minimum size of the deposit is 100,000drams/300 dollars/euros, 10,000 rubles.

The key advantages of the "Comfort" deposit are as follows: a customer can replenish or withdraw money from the deposit leaving the minimum required amount; after replenishment of the deposit if a new ceiling is achieved, a higher interest rate is applied; registering the deposits in terms of drams on the Internet Banking system, the standard interest rate is increased by 0.25%; partial saving of the accumulated yield in case of pre-term cancellation of the dram deposit after 181st day. 

The deposit can be replenished online or via terminals Telcell/EasyPay.

For more details about the deposit, please visit any branch of VTB Bank (Armenia), the website www.vtb.am, or call 8787 to contact the United Information Service of the Bank.  Besides the new deposit, the Bank offers deposits "Beneficial," "Progressive," "Childhood," and "Social" (for pensioners).

According to the Financial Rating of Armenian Banks. As of July 1 2026, VTB Bank (Armenia) was among Top 5 banks by time deposits (104.5bln drams with more than 44% in general obligations). About 40% of the Bank's time deposits are personal ones that grew 12% in 2015.

VTB Bank Armenia CJSC joined VTB Group in April 2004. VTB, the second largest bank of Russia, holds 100% of shares of VTB Bank (Armenia). VTB Bank (Armenia) has 67 branches throughout Armenia - the largest branch network in the country. VTB Bank (Armenia) is reckoned among leaders for general indicators.