The "Flexible" Term Deposit is a practical solution for receiving a stable monthly income while maintaining the freedom to manage your financial resources. It allows you to replenish the deposit amount and perform partial or full withdrawals while preserving the accumulated interest.

Key terms of the "Flexible" Deposit:

The deposit provides the following features:

add to the deposit balance no later than the 90th day preceding the maturity date;

make partial or full withdrawals starting from the 91st day of the deposit placement while preserving the applicable interest rate.

The deposit may be opened both at the Bank’s Head Office and branches (except for the “ARARATYAN” and “SILACHI” branches), as well as through the AEB Online / AEB Mobile systems.

The accrued interest is taxed in accordance with the procedure and rates established by the legislation of the Republic of Armenia.

Detailed information regarding the deposit can be found here.

Armeconombank is supervised by the Central Bank of Armenia.

Source: https://news.am/en/news/1038184