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Al-Rafidain: Increasing the interest rate on deposits

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Post by RamblerNash Fri Jun 04, 2021 10:12 pm

Al-Rafidain: Increasing the interest rate on deposits 18102020111215--1
Time: 06/04/2021 09:15:17
 
{Economic: Al Furat News} Rafidain Bank announced that it will continue to open savings and current accounts for citizens to deposit their money in the bank instead of hoarding it in homes and obtaining rewarding financial returns.

The media office of the bank said in a statement that {Euphrates News} received a copy of it that it was decided to increase the interest rate on deposits for a period of six months to become 4.5 percent. As well as increasing the interest rate on fixed deposits for a period of one year to 5.5 percent. The statement added that the interest rate on deposits for two years was increased to 6.5 percent.

Raghad Daham

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