Time Deposits of Individuals in Ameriabank Demonstrate 69% Increase over 2010
Media Room

Time deposits of individuals in Ameriabank demonstrated about 69% increase in 2010 to exceed 26 billion Armenian drams as of December 31, 2010, and make 61% of the bank’s total time deposit base.
Over Q4 2010 retail clients’ time deposit growth rates in Ameriabank went over 27% vs. 12.4% in the overall Armenian banking system according to the CBA statistical data.

On December 2, 2010, Ameriabank launched ‘Know True Cost of Money’ deposit campaign to enhance the range of services offered to individuals. The campaign stirred up great interest having drawn approx. 2 billion Armenian drams in December only with over 3 billion being drawn at present.

Persistent with enhancement of deposit products offered to individuals, in February this year Ameriabank came up with gold-linked structured deposits. A new time deposit, it creates unparalleled opportunities to earn on the rise in gold prices in the international markets with full capital protection plus fixed returns.

Corporate and investment bank as it is, Ameriabank keeps developing of bank products to be offered to individuals. Growing public trust coupled with increasing number of deposits offered to individuals and flexible rates and fees boost deposit volumes and quantities in Ameriabank. 

Updated 28.02.2011, 10:50
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