Rafidain Bank raises interest deposits 1.8.2017 11:18
[Where - Baghdad]
Rafidain Bank announced the lifting of the benefits of citizens ' savings accounts prices.
Press office of the bank said in a statement received by all of Iraq [where] a copy of the management of the bank decided to raise the fixed deposit interest for more than two years and $ 50 million and above to become a 7 percent instead of 6 percent, indicating that in terms of a dollar coin and decides to raise interest rate to 3 percent deposit of $ million and above and the addition of one - half percent to become 3.5 percent if the amount of $ 5 million and above
The statement noted that " the deposits of the Iraqis in Iran turned into Toman and the ratio of interest in Iraq , which is the equivalent of 5 percent to 20 percent in Iran , according to their currency , similar to foreign banks
He explained that the general benefits of bank 's own accounts savings of 4 percent , and with respect to fixed deposits for a period of six months amounting to 5 percent either fixed deposit for a year amounts to benefits 5.5 percent indicating that the short - term credit benefits for a year of 9 percent and the medium term any more than a year and up to two years of 10 percent either long - term benefits of credit amounts to 11 percent http://www.alliraqnews.com/modules/news/article.php?storyid=56093