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Fixed Deposits Of Unibank Has Doubled

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  • Fixed Deposits Of Unibank Has Doubled

    FIXED DEPOSITS OF UNIBANK HAS DOUBLED

    ArmInfo
    2009-11-16 18:21:00

    ArmInfo. As of 1 November 2009 the fixed deposits of Unibank almost
    doubled as compared with the same period of 2008 and exceeded 76.3
    bln AMD.

    The Unibank press-service told ArmInfo that over the period under
    review the volume of individuals' fixed deposits in the bank amounted
    to 50 bln AMD. Thus, the bank continues maintaining the position of
    the leader in the market of banking deposits, the source says. In 2009
    the volume of legal entities' fixed deposits also considerably grew.

    As compared with Jan-Oct 2008, the legal entities' fixed deposits
    grew 5.4 times and totalled 26.7 bln AMD by the end of October. Today
    Unibank offers such deposits as "Uni- Champion", "Uni-accumulative",
    "Unistream-Expr ess", "Stability" and "On demand-Privileged". The
    deposits have been worked out according to the results of surveys of
    the population's needs and maximally meet the current demands of the
    clients. At Unibank the maximal annual interest rate for AMD deposits
    is 10%, for foreign exchange deposits - 9%.

    To recall, Unibank shareholders are Asset Management (50%) and EVA
    Invest (50%). Uniastrumbank is the strategic partner of the bank.

    From: Emil Lazarian | Ararat NewsPress
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