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Ameriabank Offers Structured Deposit Service

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  • Ameriabank Offers Structured Deposit Service

    AMERIABANK OFFERS STRUCTURED DEPOSIT SERVICE

    ArmInfo
    23.04.2010

    ArmInfo. In the next few days Ameriabank will offer its customers a
    new service - structured deposit, Development Manager of Ameriabank
    Tigran Jrbashyan said during a press-conference today.

    The yield will consist of two parts: fixed part - a revenue to be
    paid by the bank - and part depending on changes in the costs of
    financial assets like oil, gold and Dow Jones. "Whenever the costs
    of these assets change, we will allow our customers to earn money by
    means of their ability to analyze and forecast without putting the
    principal part of the deposit at risk," Jrbashyan said.

    Ameriabank is also going to offer some other products, particularly,
    metal accounts and a number of investment proposals and programs. The
    first such product will be offered by May 15. "We believe that now
    that we are coming out the crisis there will be serious demand for
    such products. Already now a number of local and foreign customers
    are showing interest in obtaining new assets," Jrbashyan said.
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