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Legislative change in the procedure for calculating deposit interest

Effective May 1, 2020, changes will be made to the procedure of interest accrual on bank deposits.

30.04.2020
Legislative change in the procedure for calculating deposit interest

Dear Bank clients!

Evocabank is to notify you that effective May 1, 2020, in accordance with the relevant legislative amendments, changes will be made in the procedure of interest accrual on new deposits.

Thus, interest will be accrued on a bank deposit starting the day of depositing the amount till the last but one day of withdrawing the deposit amount or debiting the depositor’s account on other bases.

These changes will apply only to the amounts deposited after May 1, 2020.

If you have questions, we will be glad to answer them

  • at Bank offices,
  • at all Bank platforms:

o Contact Center- 010 60 55 55

o Viber, WhatsApp, Zangi, Telegram - 099 60 55 55

o Bank’s Facebook and Instagram pages

o Evocabank.am online chat.

Wishing you a good health.