Rational “ignites” competition … a “boom” in interest rates on fixed deposits

Rational “ignites” competition … a “boom” in interest rates on fixed deposits

TUESDAY, 15-12-2020, PM 12:20

10K Iraqi Dinar notesAl-Rasheed Bank announced, on Tuesday, that it will grant 7% interest for fixed deposits.

The media office of the bank said in a statement that “the specified period for these deposits is two and a half years.”

He added, “Individual citizens, companies, associations and other sectors can open the aforementioned deposit accounts and obtain interest at our bank branches spread in the governorates of Iraq.”

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