A new statement from Rafidain Bank regarding deposits and profit rates for citizens
Baghdad: On Friday, Rafidain Bank decided to increase the fixed deposit interest rate for citizens who deposit their money in the bank.
The bank’s media office said in a statement that Nass received a copy of it (May 14, 2021), that the management “decided to increase the interest rate on deposits for a period of six months to 4.5 percent.”
The statement added, “The decision included increasing the interest rate on fixed deposits for a period of one year to 5.5 percent,” noting that “increasing the interest rate on deposits for a period of two years to become 6.5 percent