Al-Rasheed directs its branches to sell building bonds to citizens with interest to be paid every six months
economic 01/11/2022 | 1:33 pm
Al-Rasheed Bank announced, on Tuesday, the resumption of work by receiving the purchase of (building bonds / the second issue) from citizens, with interest paid every six months.
A statement by the bank, which was seen by / the information /, stated that “Al-Rasheed Bank has resumed work by receiving the purchase of (building bonds / the second issue) from citizens,” calling on those wishing to purchase to “review the bank’s branches in Baghdad and the provinces.”
The statement added, "The instructions set the value of the bond (500) five hundred thousand with interest (6%) to be paid to the customer every six months for a period of two years,
and a bond in the amount of (1,000,000) dinars with interest (7%) paid every six months for a period of four years." finished/25