Areximbank-Gazprombank Group CJSC offers clients Golden Standard new deposit to ensure the funds against currency risks.
Clients enjoying the new service can open deposit binding the sum to gold price, thus reducing the impact of exchange rate fluctuations and getting revenue from growth of gold prices. As reported by the bank’s press service, the record and transactions by non-cash gold is performed at the weight of 999 standard gold. Deposit sum and fixed revenue payment is guaranteed. Interest is paid nonrecurrent on deposit contract maturity date. Deposits are accepted in USD for 365 or 730 days with minimum sum of $5000.
The portfolio of urgent deposit in bank totaled AMD 16 billion in the first half year of 2011, increasing by 22% compared to the beginning of the year. The volume of urgent deposits of natural persons’ increased by 19.6% making AMD 11.6 billion. Natural persons’ share receive 72.7% within the structure of urgent deposit.
