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Armenian Development Bank
Armenian Development Bank's children competition "Developing motherland in my imagination" On June 03 at 16:30 Armenian Development Bank OJSC summarized the results of the competition titled "Developing motherland in my imagination" and awarded ceremony participants dedicated to the International Children's Day.   Custodian services Armenian Development Bank since 11 March 2013 realizes all functions of the Account Operator and offers to sign/resign Custodian contracts of the owners' of nominal securities through ADB. ''Development'' loans Armenian Development Bank to stimulate business climate development offers legal entities and entrepreneurs a new type of loans that are ''Development'' loans. This type of loan is for those who are engaged or starting entrepreneurship.   Armenian Development Bank improved conditions of ''Instant'' consumer loans and card credit lines in foreign currency Committed to its principle to make more accessible loans products for the public, Armenian Development Bank improved conditions of the ''Instant''  consumer loans and card credit lines in foreign currency.   Armenian Development Bank awarded the winners of Young scientists conference. During the conference organized by the faculty of economics of YSU Chief Treasurer, also member of the Executive board Grigori Zakaryan awarded the best students for presenting reports on the topic ‘’Contemporary problems of economics’’.  

News
03.06.2013
Armenian Development Bank's children competition "Developing motherland in my imagination" On June 03 at 16:30 Armenian Development Bank OJSC summarized the results of the competition titled "Developing motherland in my imagination" and awarded ceremony participants dedicated to the International Children's Day.  
07.05.2013
Custodian services Armenian Development Bank since 11 March 2013 realizes all functions of the Account Operator and offers to sign/resign Custodian contracts of the owners' of nominal securities through ADB.

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Address of the Armenian Development Bank OJSC, RA, Yerevan, 0015, 21/1 Paronyan str., Tel.: /37410/ 59 15 15, Fax: /37410/ 59 14 05, S.W.I.F.T. ARDEAM 22, e-mail address: info@armdb.com

Dears,                      

     Ensuring superior customer service and individual approach to our customers, we are glad to inform You about the attractive offer that You will surely be interested in.

     In Armenian Development Bank we offer the following main services Free of Charge.

Bank account opening and maintenance 

1. Providing certificates
 Free of Charge
2. Bank confirmation of information for audit purposes
 Free of Charge
3. Transfers in AMD within the same banking day
 Free of Charge
4.  I. Option "Charge Beneficiary"
 II. Option "Charge Bank" (if the value date of the transfer is Payment date+2 banking days)
 III. Orders given up to 1500 a.m. option "Charge Bank" (if the bank/card average balance for the previous month exceeds 2 mln AMD)		 Free of Charge
5. Transfers in RUB
Free of Chargee
6. In case of Cash in currency transfers
 No additional commission
7. Inquiry on transfer processing, amendment of transfer conditions or cancellation 
Free of Charge
 8. Cash withdrawal in AMD
 I. up to 10 mln AMD
 II. 10 mln AMD and more (in case of beforehand provided bid) 
Free of Charge
 9.  Cash withdrawal in other currencies
 I. in case of a foreign currency equal up to 10 mln AMD
 II. in case of a foreign currency equal to 10 mln AMD and more AMD (in case of beforehand provided bid)
 Free of Charge
 10. Online Banking
I. "Bank-Client" system- installation and monthly service
II. "Internet-Bank" system-service, providing other services
 Free of Charge

Plastic cards

1. Card annual service fee
 Free of Charge
2.
Minimum Card balance
No requirement
3.
Cash withdrawal in bank ATMs
 Free of Charge
4. SMS messages on card transactions
Free of Charge

To have bank services with the above mentioned conditions, you should:

  • Have average balance of your bank/card accounts equal to 1mln AMD OR
  • Bank deposit equal to 10mln AMD OR
  • Bank account foreign exchange operations for more than 30mln AM OR
  • Have positive credit history and overall balance of bank credit equal to 50mln AMD.

Besides, we are happy to inform you that on your bank account credit balances you will get unprecedented interests in RA banking system

Currencies and  balance of account annual interest rate
In AMD
  
to 100 mln 5%
100 mln to1 bln 7%
1 bln AMD and more
 conditional
In USD/Euro
  
to 300.000 USD/Euro
 3%
300.000-1 mln USD/Euro
 4%
1 mln USD/Euro and more
 conditional
In RUB
  
to 10 mln
 3%
10 -30 mln 4%
30 mln and more
 conditional
In other currencies
 3%

Updated: 23.04.2013 11:21


Exchange rates
17.06.2013, 15:06 Buy Sell
USD/AMD 411 414
GBP/AMD 638 652
EUR/AMD 547 554
CHF/AMD 439 450
RUB/AMD 12.84 13.19
GEL/AMD 240 260

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President and CEO of the Bank Karen Sargsyan will answer your questions
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In case of inconsistencies between the information in english and russian, please, follow the armenian version.
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