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Unibank issues new deposit with replenishment regime

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  • Unibank issues new deposit with replenishment regime

    Unibank issues new deposit with replenishment regime

    27.05.2010


    ArmInfo. From now on Unibank has started receiving new time deposit
    with replenishment regime. As press-service of the bank reported,
    depositors of the deposit "With replenishment" will have an
    opportunity to replenish the sum of the deposit except the last three
    months of the term of the deposit. The sum of replenishment in the
    term of the deposit validity cannot exceed the twofold sum of the
    deposit sum invested from the very beginning. The dram deposits'
    interest rate is 11%, US dollar - 7%. Minimal sum of the deposit is
    100 thsd drams or $300, maximal term - 365 days. The depositors may
    get 90% overdraft from the sum of deposit. As of 1 April 2010 the
    volume of the time deposits of Unibank was 73.7bln drams, 48 bln drams
    of which are deposits of individual persons.




    From: A. Papazian
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