OREANDA-NEWS. July 19, 2011. “Unibank” launched new deposit product “UNI-Accumulative” for physical persons. Deposit product “UNI-Accumulative” can be opened with the term of 365 days, in AMD, USD or EUR. Minimum sum of deposit is 100.000 AMD/300 USD or EUR, and the maximum sum of accumulation is 40 million AMD/100.000 USD or EUR, reported the press-centre of Unibank.

Deposit interest rate is 11% in AMD, 6%- if in USD, 5% - if in EUR. Initial interest rate is spread in the whole sum of additional investments. Interests on the deposit are accumulated by the depositor’s request: monthly or at the end of the term. Bank can realize the capitalization of interests by adding interests on the sum of deposit, allowing depositors get maximum income.

All depositors, who placed their funds in the deposit “Uni-accumulative”, are also provided with the present of UNIPAY utility payment card. That utility payments are accepted in all 37 branches of Unibank. UNIPAY contains whole information necessary for payments, which enables to guarantee the quick and comfortable service of clients.
Deposit “Uni-Accumualative” can be received up to 31 December 2011.

“The main advantage of accumulated deposit is the possibility to plan the funds and control scheme of investments. Deposit “Uni-Accumualative” especially suits people, who not only want to get additional income, but also to accumulate funds for any occasion, for example for vacation or holiday. Deposits of Unibank, due to combining the reliability and yield, are one of the more prominent banking products for physical persons. There is also possibility of wide selection of deposits terms, income, additional options, such as the replenishment or partial withdrawal of the deposit, where there is remained a high interest rate for our depositors.

In the bank there is enforce also the deposit with the multicurrency regime, which enables to avoid the consequences of currency fluctuations and to protect the accumulated money funds of inflation, - says the Head of Retail deposits administration of "Unibank" Diana Djeyranyan.

Periodical analysis of market enable to create deposit products in accordance with all requirements of our clients. The growth of deposit portfolio and leading position of Unibank in the banking market of term deposits for physical persons evidences that we “success”.

“Unibank” is permanent leader among banks of RA by the volume of term deposits for physical persons. By 30.06.2011 the volume of term deposits of Bank for physical persons exceed 47.4 milliard AMD, increasing with the analytical period of previous year by 18 %. Term deposits of Bank increased by 24 % and forms more than 84,8 mlrd AMD.

The positive dynamics of indices and continuous flow of depositors mean that confidence in “Unibank” keeps on high level. A wide range of deposit products give the opportunity to choose “Unibank” as the reliable method of keeping and increasing funds.

Placing savings in “Unibank”, the clients can use multicurrency regime, realize the capitalization of interests or get right to participate in the valuable prizes drawing depending on the conditions of deposits.

The Bank has repeatedly organized a row of solemn ceremonies within which the customers of the Bank were granted valuable presents and money prizes. For example, opening the deposit product “Grand Prix”, the client will not only get guaranteed income from deposit, but also the possibility to participate in the prize drawing, which will take place in September 2011. The main prize is a journey to Cyprus.

The reliability of the Bank is proved also by Moody’s Investors Service. In June 2011 the international rating agency proved “Unibank” financial stability rating E+, long-term rating Ba3 and short-term rating NP on deposits in national and foreign currency. All the ratings have prognosis “Stable”, which evidences on the perspectives of stable development in the Armenian banking market.