ARMBUSINESSBANK (ARMENIA) OFFERS NEW DEPOSIT
/ARKA/
June 1, 2009
YEREVAN
YEREVAN, June 1. /ARKA/. From June 1, Armbusinessbank (Armenia) offer
a new fixed deposit, "Supper-2009". According to the information
available on the bank’s official website the annual interest rate
for AND deposits is 4% to 11%, for USD deposits, 1.5% up to 10%
and for EUR deposits, 1.5% up to 8.5%.
The period of deposit is 7-1,095 days, with no maintenance margin
requirement set.
The deposit can be replenished without any restrictions except for
the last 30 days before the deposit period expires.
The Summer-2009 deposit will be effective until 31, 2009. The
Armbusinessbank CJSC (Arminvestbank until August 26, 2006) was
incorporated on December 10, 1991. In 2006, Ukrprombank (Kiev)
purchased 35% of the bank’s shares, Alfa Garant insurance company
(Ukraine) purchased 35% and the Christie Management, 30%.
As of March 31, 2009, Armbusinessbank’s assets totaled 46.3bln AMD,
liabilities 39.5bln AMD, total capital 6.8bln AMD, with its authorized
capital being 5bln AMD, credit investments 26.4bln AMD, liabilities
to clients 23.9bln AMD.
The bank also provides fixed and call deposits for individuals and
legal entities.