Ameriabank Continues Introducing Innovations In Armenian Financial M

AMERIABANK CONTINUES INTRODUCING INNOVATIONS IN ARMENIAN FINANCIAL MARKET

PanARMENIAN.Net
April 23, 2010 – 12:32 AMT 07:32 GMT

The Ameriabank CJSC offers a new service – structured deposit, to
individuals and juridical persons, bank’s press service reported.

The minimum amount of the deposit is USD 40 000.

Ameriabank Development Director Tigran Jrbashyan noted that the
instrument will be of much demand in the post-crisis period as the
new deposit enables reception of fixed profit and, secondly, profit
from change in financial assets value in the world market. Oil,
gold and Dow Jones index were chosen as assets by Ameriabank.

The bank is also planning to offer its clients keeping metal accounts,
i.e. making investments in gold, thus protecting their deposits
from inflation.