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Bank VTB (Armenia) Introduces VTB-Childhood Deposit

BANK VTB (ARMENIA) INTRODUCES VTB-CHILDHOOD DEPOSIT

ArmInfo
2009-08-31 17:45:00

ArmInfo. Sept 1 2009 Bank VTB (Armenia) will introduce VTB-Childhood
deposit, says Director General-Chairman of the Directorate of Bank VTB
(Armenia) Valery Ovsyannikov.

Ovsyannikov hopes that this product will become popular in Armenia
as savings for education is one of the most urgent problems for
the moment.

"This is be an opportunity for parents to save money they will later
be able to spend on the ducation of their children," he said.

Head of the Retail Business Development Department of Bank VTB
(Armenia) Hayk Shekyan said that the interest on AMD deposit will
be 9%, on USD deposit – 7%, on EUR deposit – 3%. The interest will
depend on the size of the deposit.

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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