We are pleased to inform you that changes have been made to the document "Description and Interest Rates of Individual Deposits and Savings Accounts", the details of which are presented below:
1. Interest rates on time deposits in AMD for a period of 91 days or more have increased. The changes will come into force on August 5 of this year and will apply to new and renewing deposits from August 5 of this year.
2. The interest rate of the savings account in AMD has increased. The change will come into effect from August 5 of this year and will apply to savings account balance interest rates calculated from August 5 of this year.
3. In the case of deposits in AMD with the possibility of addition, the amount of the deposit can be replenished at the time of making the deposit by a maximum of 50% of the amount of the deposit, instead of the previous 30%. The change will be effective from August 5 this year and will also apply to existing deposits.
4. In the case of a deposit in AMD with the possibility of accumulation, the amount of the deposit can be increased to a maximum of 40 million AMD instead of the previous 10 million AMD. It will not be possible to increase the amount of the deposit during the last 3 months of the deposit agreement. The changes will be effective from August 5 this year and will also apply to existing deposits.
The new informative summaries of the terms of AMD term deposits and savings accounts for individual customers are presented below, where the changes are highlighted in green.
INFORMATION SUMMARY OF TERM DEPOSIT IN RA DRAM FOR INDIVIDUALS
INFORMATION SUMMARY ON OPENING AND MAINTENANCE OF A SAVINGS ACCOUNT FOR INDIVIDUAL PERSONS
In case of questions, please call (010) 561111 or visit the nearest branch of the Bank. You can familiarize yourself with the Bank's service network, branch addresses and working hours in the "Service Network" section of the Bank's official website (www.ameriabank.am).
Thank you for using our services.
With respect,
Ameriabank
The bank is controlled by the RA Central Bank.