Deposit Plus with retention of interest: New special offer from Byblos Bank Armenia

As part of its 15th anniversary campaign this year, Byblos Bank Armenia is introducing its 2nd special offer for term deposits, the Deposit Plus, giving customers the benefit of retaining interest even in the event of withdrawing the funds before maturity.

The new deposit scheme minimizes the risk of losing interest when withdrawing funds prematurely.

In particular, customers can fix a deposit for a period of 24 months and at an interest rate of 10.5% (֏)|4.5% ($)|2.5% (€), and in case of termination from the 7th month onwards, the accrued interest will be recalculated to a higher rate of 10% (֏)|4 % ($)|2% (€) interest rate.

Customers can book a deposit at any of Byblos Bank Armenia branches, while submitting an application can be performed online as well.

The offer is valid until September 30. Further details can be found on the Bank’s official website.

Byblos Bank Armenia CJSC is celebrating its 15th anniversary this year and will introduce a number of proposals and initiatives throughout the year. The Bank was founded and opened the doors of its first branch in December 2007. Today, the Bank has four branches in Yerevan where customers access various banking services and receive financial advice. The Bank provides its customers corporate-retail banking services that meet the highest international standards.