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Economy News _ Baghdad
Rafidain Bank set, on Wednesday, the interest rates for savings accounts and fixed deposits for citizens who deposit their money in the bank.
The media office of the bank said in a statement received by "Al-Iqtisad News", that the bank announced granting the interest of saving accounts 4 percent to citizens in return for depositing their money with the bank.
The statement indicated that the bank granted the interest rate on fixed deposits for a period of six months to be 4.5 percent, and the interest rate on fixed deposits for a period of one year to be 5 percent, in addition to determining the interest rate on deposits for a period of two years to become 5.5 percent if the amount deposited is less than 50 One million and 6 percent if the amount is more than 50 million dinars.
The statement called on citizens wishing to open savings accounts to review its branches in Baghdad and the provinces, bringing with them identification documents.
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