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