VTB BANK ARMENIA EXTENDS TIME DEPOSIT INVESTMENT TERM TILL DECEMBER 1, 2009

PanARMENIAN.Net
19.10.2009 13:54 GMT+04:00

/PanARMENIAN.Net/ Considering the high demand for VTB -Express time
deposit investments, allowing for time deposits of 15 to 90 days at
12% annual interest rate, VTB Bank Armenia resolved to extend time
deposit investment term till December 1, 2009.

"The Bank has promptly reacted to market signals and demonstrated
its readiness to support investors, without lowering interest rate
and help them minimize possible inflation-caused losses," VTB Bank
Armenia press service reported.