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VTB Bank (Armenia) Offers New Type Of Deposits – VTB-Express

VTB BANK (ARMENIA) OFFERS NEW TYPE OF DEPOSITS – VTB-EXPRESS

ARKA
March 24, 2009

YEREVAN, March 24. /ARKA/. VTB Bank (Armenia) offers new type of
time deposits – VTB-Express – to citizens, the bank’s press office
reported on Monday.

The bank accepts the deposit from individuals (residents and
non-residents) in Armenian drams.

"The decision was prompted by the necessity to offer citizens a
convenient product that provides the opportunity to deposit money
for short terms (from 15 to 90 days) at competitive annual interest
rates up to 12%", the report says.

Now VTB Bank (Armenia) accepts demand deposits and eight types of time
deposits – VTB-Express, VTB-Perspektiva+, VTB-Tselevoy, VTB-Dokhodny,
VTB-Vesenniy, VTB-Komfortny, VTB-Socialny and VTB-Rublevy.

All the 78 branches of VTB Bank (Armenia) are available.

All deposits insured in accordance with the law on guarantees and
compensations on individuals’ deposits.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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