OREANDA-NEWS. June 17, 2010. "Converse Bank" CJSC is organizing campaigns of accepting new time deposits "Hot Summer" and "Multiply Your Invest", reported the press-centre of Converse Bank. 

Deposits of the campaign "Hot Summer" are accepted in AMD with AMD 50 thousand minimum amount, 12 months term and 13% interest rate. Payment of interests is done at moment of depositing. In the scope of the campaign "Hot Summer" depositors will be provided with exceptional opportunity to get loan in up to 70% of deposit amount. Moreover, interest rate of the loan is defined, that is 13% plus 5 points of interest rate.  Maximum term of the loan is determined till the validity date of the deposit agreement.

Depositors of the new type of deposit "Hot Summer" will be provided with VISA CLASSIC cards with free annual service, and VISA GOLD cards, which annual service will be provided with 50% discount.  

Deposits of the campaign "Multiply Your Invest" accepted in AMD, with AMD 30 thousand minimum amount, 12-18 months term and 12-14% annual interest rate. This deposit is a good opportunity for citizens for accumulating purposeful money within the period chosen by them.   

On purpose of reaching these goals each month citizens add equal amounts to the deposit accounts.  Moreover, the interest rate is calculated by including the amount added per month.