Armeconombank’s "Classic" Term Deposit is a high-yield option designed for long-term savings.

By choosing the "Classic" Deposit, you can maximize the returns on every saving.

Key Terms of the "Classic" Deposit:

  • Amount: AMD 100,000 – 100,000,000
  • Tenor: up to 3 years
  • Annual Nominal Interest Rate: up to 10.4%
  • Annual Percentage Yield (APY): up to 10.64%

The deposit can be placed in four currencies (AMD, USD, EUR, RUB) and can be replenished up to five times the initial deposit amount.

Please note: In accordance with the RA Law "On Guaranteeing the Remuneration of Bank Deposits of Physical Entities," the maximum guaranteed amount of a guaranteed deposit in AMD is 16 million, while the maximum guaranteed amount for foreign currency deposit is AMD 7 million.

Detailed information about the deposit is available here.

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Armeconombank is supervised by the Central Bank of Armenia.