At Fast Bank, all accounts are savings accounts

At Fast Bank, all accounts are savings accounts

At Fast Bank, all customer current accounts are considered savings accounts, regardless of currency. Moreover, AMD-denominated accounts earn an annual nominal interest rate of 4%.

Customers do not need to open separate savings accounts — at Fast Bank, interest is accrued on positive balances in both bank and card AMD accounts.

What’s more, you can open an account or order your AknCard 24/7 via the Fast Bank Mobile app or at any Bank branch. Accounts opened through Fast Bank Mobile can even be renamed and used for different purposes.

We should also add that Fast Bank is currently offering the best conditions for deposits with unlimited replenishment, for 367-550 days:

10.25% nominal interest rate in

AMD, yield 10.00%-10.25%, in

USD: 5.18%-5.25%, yield 5.18%-5.25%, 

Euro: 2.75%, yield 2.73%-2.75%.


The income tax charged on the interest paid by the bank is 10%.Fast Bank is a company aiming to become a digital bank, represented in Yerevan and all regions of Armenia.

Updated at