VTB Bank (Armenia) Deposits
168 offers - rates up to 10% - current as of 07.10.2026
ADGF guaranteed up to 16M ֏
10 000 ֏100 000 000 ֏
Deposit term1 year
1 month10 years
%
Enter the annual interest rate from your deposit agreement
Calculation results
Income50 000 ֏
Deposit amount500 000 ֏
Amount at maturity550 000 ֏
The calculator results are preliminary. Full payment conditions will be provided by the bank after signing the agreement
Find a deposit
Choose the best terms from top Armenian banks
88 offers found
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
10%
Term
365 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.8%
Term
1460 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.8%
Term
730 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.8%
Term
1095 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.8%
Term
540 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.75%
Term
365 days
Amount
from 4 000 000֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.55%
Term
730 days
Amount
from 4 000 000֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.55%
Term
540 days
Amount
from 4 000 000֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.55%
Term
1095 days
Amount
from 4 000 000֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.55%
Term
1460 days
Amount
from 4 000 000֏
VTB Bank (Armenia)Term deposit "Growing"
Interest rate
9.5%
Term
365 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.5%
Term
365 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Growing"
Interest rate
9.3%
Term
730 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.3%
Term
540 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.3%
Term
1095 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.3%
Term
1460 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.3%
Term
730 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Growing"
Interest rate
9.3%
Term
1095 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Growing"
Interest rate
9.25%
Term
365 days
Amount
from 4 000 000֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.25%
Term
365 days
Amount
from 4 000 000֏
VTB Bank (Armenia)Term deposit "Growing"
Interest rate
9.19%
Term
540 days
Amount
from 4 000 001֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.05%
Term
540 days
Amount
from 4 000 000֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.05%
Term
1095 days
Amount
from 4 000 000֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.05%
Term
730 days
Amount
from 4 000 000֏
VTB Bank (Armenia)Term deposit "Stable"
Interest rate
9.05%
Term
1460 days
Amount
from 4 000 000֏
Information about VTB Bank (Armenia)
General information
Full legal name
"VTB Bank (Armenia)" CJSC
Founded
1993
CB of Armenia License
№64
Head office
33/3 Manandyan St., Yerevan 0006, ArmeniaOn the map (235)
Financial Indicators (2025)
Total Assets
AMD 257.2 billion
Loans and Advances
AMD 164.8 billion
Equity
AMD 68.04 billion
Net Profit
AMD 8.05 billion
Annual Report
OpenBank details
CB of Armenia License
№64
Registration date
31 Oct 1996
Bank code
16000
SWIFT code
ARMJAM22
Chairman
Ara Avagyan
Bank branches and ATMs map
Financial news
All news
Journal
Open AFM journal
VTB Bank (Armenia) Deposits: Terms and Types of Deposits
- Term deposit - rate, term, minimum amount, capitalization option
- Savings account - rate, features (unrestricted deposits/withdrawals)
- Deposit with top-up option - top-up conditions, rate, term
- Deposit for pensioners - if applicable
- Foreign currency deposits (USD / EUR) - if applicable
| Parameter | Value |
|---|---|
| Minimum amount | from 50 000 AMD |
| Maximum rate | up to 10% |
| Terms | from 1 months to 18 years |
| Currencies | AMD, USD, EUR, RUR |
| Capitalization | depends on the selected product |
| Top-up | depends on the selected product |
| Early withdrawal | depends on the selected product |
| Opening methods | Online or at a branch |
| Automatic renewal | depends on the selected product |
- Rate and term - the longer the term and the higher the rate, the greater the return
- Capitalization - accrued interest is added to the deposit principal and generates additional income
- Top-up option - increasing the deposit amount during the term increases the final return
- Early closure - in case of early termination, most banks apply the "demand deposit" rate (0.01%), which means loss of income
Important: deposit income is subject to a 10% tax in accordance with the legislation of the Republic of Armenia.
- Choose deposits that allow partial withdrawal without losing interest
- Use a savings account - it allows you to withdraw funds without restrictions
- For a term deposit without a withdrawal option - do not withdraw the funds before the maturity date
- Check the bank's early termination conditions before opening a deposit
- Passport of a citizen of the Republic of Armenia
- For pension deposits - pension certificate
- Proof of income is not required
Step 1 - Compare VTB Bank (Armenia) offers with deposits from other banks in Armenia on AFM.am and use the calculator to estimate your return
Step 2 - Go to the bank's website to open the deposit online or visit the nearest branch
Step 3 - Sign the agreement, deposit the funds, and receive confirmation that the deposit has been opened
Pros:
- ✓ Deposits are insured by the Deposit Guarantee Fund of the Republic of Armenia up to 16,000,000 AMD
- ✓ Online opening without visiting a branch
- ✓ 168 products for different goals and terms
- ✓ Deposits in AMD, USD, RUR, and EUR
- ✓ Automatic renewal (if supported)
Cons:
- ✗ Early closure of a term deposit - loss of accrued interest
- ✗ 10% tax on interest income from individual deposits
What Types of Deposits Does VTB Bank (Armenia) Offer?
VTB Bank (Armenia) offers 168 products: term deposits, savings accounts. Rates are up to 10%, terms range from 1 months to 18 years, and available currencies include AMD, USD, and EUR.
What Is the Maximum Deposit Rate at VTB Bank (Armenia)?
The maximum rate is up to 10% per year. It applies to term deposits without top-up or early withdrawal options. Savings account rates are generally lower - up to 8%.
Are Deposits at VTB Bank (Armenia) Insured?
Yes. VTB Bank (Armenia) participates in Armenia's deposit guarantee system. The Deposit Guarantee Fund of the Republic of Armenia guarantees repayment of funds up to 16,000,000 AMD per depositor.
Do I Need to Pay Tax on Deposit Income?
Yes. In accordance with the legislation of the Republic of Armenia, interest income earned by individuals on deposits is taxed at a rate of 10%. The bank withholds the tax automatically when paying the interest.
In Which Currencies Can I Open a Deposit at VTB Bank (Armenia)?
Deposits are available in Armenian drams (AMD), US dollars (USD), and euros (EUR). Deposits in AMD generally offer the highest returns - their rates are traditionally higher than those on foreign currency deposits.
Can I Top Up a Deposit at VTB Bank (Armenia)?
It depends on the product. Some deposits allow additional contributions, while others do not. The top-up option and its conditions are specified in the product card for each deposit on AFM.am.
What Happens If I Close a Deposit Early?
If a term deposit is closed early, the bank generally recalculates the interest using the "demand deposit" rate - this means losing most of the accrued income. Check the early closure conditions in the agreement.
How Can I Open a Deposit at VTB Bank (Armenia) Online?
On AFM.am, compare all VTB Bank (Armenia) deposits with offers from other banks in Armenia. After selecting an offer, go to the bank's website to open the deposit online through your personal account or mobile application.
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