Monday, February 17, 2025

Rashid Bank launches the sale of national bonds and calls on citizens to invest, 17 FEB

 Rashid Bank launches the sale of national bonds and calls on citizens to invest 

  2/16/2025 

 Rashid Bank announced that it has directed its branches across the country to begin selling national bonds (first issue), which comes within the plans to enhance local investment.

 The bonds include two different categories, according to a statement by the bank, a copy of which was received by {Al Furat News}, two categories: “The first, a bond worth 500 thousand dinars with an annual interest of 6% paid every six months for two years, at a rate of 3% every six months, and the other category, a bond worth one million dinars with an annual interest of 7.5% paid every six months for four years, at a rate of 3.75% every six months. 

The bank called on all those wishing to purchase to visit its branches in various governorates. LINK

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