Ameriabank to issue new product on structurising of deposits

2009-09-25 19:33:00

ArmInfo. Ameriabank is going to issue new product on structurising of
deposits, Director General of Ameriabank Artak Hanesyan told Arminfo
correspondent.

Jones, as well as oil and gold tariffs. We endure safety of a deposit
and the guaratee of a basic rate of interest – 3%. The rest will depend
on behavior of the market index to which the deposit will be connected.
If for instance gold prices grow, revenues to the deposit will also
grow, discounting the banking per cent. For availability of this
product we are going to fix minimal size of deposit about $50 thsd.
This service is foreseen for legal as well as individual persons>,
-Hanesyan said.

According to the data of Ameriabank, the time deposits of the bank
demonstrate stable growth, in particular, their volume grew by 185% in
Jan-July of the current year, and by 62% in July.

To note, according to the results of the first quarter 2009 Ameriabank
has occupied the first place in the banking system of Armenia on the
time deposits from legal persons having endured 26 bln drams as of 1
July.