Fast Bank Offers High Yield Bonds with Guaranteed Deposit Protection by 2024 Fast Bank, one of Armenia’s leading financial institutions, is set to distribute 100,000 Armenian drams in nominal coupon bonds with an attractive annual yield of 11.25%. With a total volume of 1,000,000,000 Armenian drams, this series of bonds presents a lucrative investment opportunity. Investors can conveniently purchase the nominal coupon bonds from 32 branches of Fast Bank or through other service-providing companies like “Dynamics” CJSC. Interested individuals must submit their applications and transfer the required amount to the provided account number by February 27, 2024, at 15:30. To acquire these bonds, individuals need to present their ID cards, tax identification numbers for legal entities, and bank account details. The bank assures customers that the transfer of “Physical persons’ Bank deposits” will be guaranteed by the Bank and Guaranteed Deposit Protection Fund, in compliance with the RA Law “On Deposit Insurance.” Notably, the interest earned from these bonds is exempt from mandatory taxation for physical persons, making it an even more attractive investment option. The program for Fast Bank’s nominal coupon bonds has been officially registered by the RA CBA President and can be accessed, along with its final terms and conditions, for download on the bank’s website. With this enticing offer, Fast Bank aims to provide investors with a secure and high-yield option to grow their wealth. Don’t miss out on this opportunity, grab your bonds now!

The bank is offering 100,000 Armenian drams nominal coupon bonds with a yield of 11.25% p.a. The bonds have a maturity period of 30 months and quarterly coupon payments. You can purchase them from Fast Bank branches or other service-providing companies. Bondholders are guaranteed by the Bank and Deposit Protection Fund. Interest is tax-free for individuals. Learn more on the bank’s website.