Raise the benefits of the special savings accounts rates for the citizens of the Rafidain Bank details !!

08-01-2017 12:30 PM



East News -

Rafidain Bank announced the lifting of the benefits of citizens ' savings accounts prices.


Press office of the bank said in a statement, that ' 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 rates 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 'deposits 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'.


The statement said, 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 no more than one year and up to two years of 10 percent either long - term benefits of credit amounts to 11 percent.

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Rafidain Bank announced a rate hike for the special savings accounts to citizens


    Rafidain Bank, said Sunday, raising interest savings accounts for private citizens rates, indicating that short-term credit benefits for a year of 9%.

    Press office of the bank said in a statement Alsumaria News received a copy of "The management of the bank decided to raise Alvaidhlhassabat savings own citizens prices", noting that "the general benefits of bank's own accounts savings of 44% and with respect to fixed deposits for a period of six months, amounting to 5% either fixed deposit for a year amounts to 5.5 percent of their benefits. "

    "The benefits of fixed for more than two years of deposits and $ 50 million and above have become 7% instead of 6%," noting that he "also decided to raise interest rates with respect to the dollar to 3% deposit of $ million and above, and add half of one percent to 3.5 % if the amount is $ 5 million and above. "

    He said the bureau "credit benefits of a short-lived for a year of 9% and the medium term, any more than a year and up to two years of 10%, while the benefits of credit and long-term amounts to 11%," explaining that "deposits Iraqis in Iran turned into Toman and the ratio of interest in Iraq 5 % which is equivalent to 200% in Iran, according to their currency, similar to foreign banks. "

    The face of the Rafidain Bank, at December 22, 2016 of its branches in Baghdad and the provinces on the need to attract capital from the citizens and not to put obstacles in front of them and convince them to deposit their money in the bank rather than domestic savings.

    Citizen and often suffers from administrative red tape in the banks during the farewell amounts or clouds, which plays lots of citizens to deposit their money in banks and keep them in their homes despite the seriousness of the matter.

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