Al-Rafidain Bank clarifies about opening savings accounts and current accounts and increases their interest rate

Al-Rafidain Bank clarifies about opening savings accounts and current accounts and increases their interest rate

Thursday, June 24, 2021 | 09:51 AM

Al-Rafidain Bank clarifies about opening savings accounts and current accounts and increases their interest rateRafidain Bank announced, on Thursday, raising the interests of savings accounts and its current account .

The bank said in a statement, “It was decided to increase the interest rate on deposits for a period of six months to become 4.5 percent, as well as to increase the interest rate on fixed deposits for a period of one year to reach 5.5 percent .”

The statement added, “The interest rate on deposits for two years has been increased to 6.5 percent.”

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