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Converse Bank Brings A New Saving Product 'Hit Summer' To Market

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  • Converse Bank Brings A New Saving Product 'Hit Summer' To Market

    CONVERSE BANK BRINGS A NEW SAVING PRODUCT 'HIT SUMMER' TO MARKET

    arminfo
    2008-06-17 15:56:00

    ArmInfo. Converse Bank, one of the leading banks of Armenia,
    has brought a new saving product "Hit Summer" to the market of
    deposits. Converse Bank's press-service told ArmInfo that the bank
    will hold a new action "Hit Summer" from June 16 till August 16.

    According to the source, within the frames of this action, a holder
    of the saving account will receive a free Visa credit card (without
    payment for annual service) from the bank within the first 6 months
    and a safe deposit box with 50% discount. Three months after opening
    of the account, these clients are given a chance to obtain credit at
    an interest rate, which is by 1% low than the current rates ranging
    between 12% and 26% depending on the credit product. Lusine Margaryan,
    the head of the bank's press-service, said that this action will
    give the clients an excellent chance not to worry about the safety
    of their personal savings during summer holidays by placing them on
    a saving account, and precious articles - in safe deposit boxes of
    the bank. She noted that traditionally saving accounts have low rates.

    Within the frames of the action, annual interest rates in AMD make
    up 3%, in USD - 2%, in European currency - 1%.

    To recall, this is the second action held by the bank in 2008 to
    attract depositors. The first action on deposit "Zartonk" was held
    from March 24 till May 31 and attracted over 2 bln AMD. A total of
    600 depositors were involved in the first action, 42,6% of them were
    new clients.

    From: Emil Lazarian | Ararat NewsPress
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