News
07.05.2012
Mortgage loans without prepaying Armenian Development Bank offers a new loan to its customers - a mortgage loan without prepayment. 
27.04.2012
Deposit portfolio surged by 122% Armenian Development Bank increased its deposit portfolio by 122% or 12.4 billion AMD in the first quarter of 2012, compared with the same quarter a year before.  

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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




 "Child's" deposit

Secure Your child's prosperous future today

"Child's" deposit is signed in Your child's name. Deposit term is defined by You (minimum 12 months). During the deposit operation You can any time replenish the deposit with unlimited amount but there isn't stipulated decrease. In case of decrease in deposit, interests' recalculation is done on monthly basis. Interests are added to the deposit once in 12 months and then the Bank can reconsider the interest rate defining one for that type operating in the Bank at that time. 

Term of deposit

Annual interest rates 

AMD

USD

Euro

1- 18 years

13.00%

9.15%

7.50%

The minimum amount of deposit is 20 000 AMD or equivalent foreign currency.

Payment of interests is made once in 12 months increasing the latter on the account of deposit.

Sample of contract


Updated: 21.10.2011 13:50


Exchange rates
17.05.2012, 15:08 Buy Sell
USD/AMD 396 400
GBP/AMD 620 636
EUR/AMD 501 509
CHF/AMD 412 424
RUB/AMD 12.5 12.97
CAD/AMD 383 396
GEL/AMD 225 250

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