Individuals making a deposit at Evocabank during the period of March 2 to May 31 will be entitled to take part in the draw and double their interest rate.All Classical and EvocaONLINE deposits made at a maximum of AMD 10,000,000 or USD20,000 during the mentioned period will be eligible for the draw. In the end of the promo campaign, three winner deposits will be randomly chosen via a draw to double their interest rates up to the end of deposit agreement.This means that by making a deposit at Evocabank clients can obtain high yields as follows:- Up to 10.75% for AMD-denominated deposits, while the winner deposits will yield21.5% per annum (annual interest yield - 10.75% - for AMD-denominated deposits, while for winner deposits the interest rate is equal to 21.5%),- Up to 5.75% for USD-denominated deposits, while in the winner deposits will yield up to11.5% per annum (annual interest yield - 5.75% - for USD-denominated deposits, while for winner deposits the interest rate is equal to 11.5%).The draw will take place on July 3. Only the actual deposits will be eligible for the draw.Evocabank has said that in case for any reason the client would need their money back before the end of the deposit agreement, the bank will re-calculate the interest on the deposit at high rates:- In case the deposit is kept for a period of up to 365 days:• 0.5% - for AMD-denominated deposits,• 0.1% - for USD-denominated deposits.- In case the deposit is kept for a period of up to 366 – 1,095 days:• 8.75% - for AMD- denominated deposits,• 4.25% - for USD- denominated deposits.No other fees or commissions will be charged when making a deposit agreement and throughout the entire period of deposit agreement.“Interest paid to the depositor is subject to taxation at 10%. The reimbursement of the deposits made at Evocabank to a certain extent is guaranteed by the Deposit Guarantee Fund. As a modern and innovative bank, Evocabank is improving its services to comply with highest international standards,” the bank said. Tweet Views 9741