Rafidain Bank announces the disbursement of interest on the first issue of "Emaar Bonds."
Rafidain Bank announced on Sunday the commencement of disbursing the first-year interest on the first issuance of Emaar bonds, stressing that the disbursement process is being conducted in an organized and smooth manner to ensure speedy completion.
The bank said in a statement, seen by Al-Eqtisad News, that "based on Rafidain Bank's commitment to its pledges towards investors and citizens who support the reconstruction and development process, we are pleased to inform you that the disbursement of the first year's interest on the first issuance of reconstruction bonds will begin on April 9, 2025."
The bank added, "We invite all eligible investors to visit the nearest branch of our bank in Baghdad and the governorates to receive their dues.
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The bank confirmed, according to the statement, that "the disbursement process will be carried out according to an organized and smooth mechanism that ensures speedy completion," adding that "the interest is fully available and has been transferred by the Central Bank of Iraq to our account," calling for "bringing supporting documents or documents related to the bond when visiting to facilitate the procedures."
The statement concluded that "this step comes within the framework of our commitment to providing the best banking services and enhancing confidence in development bonds as a safe and stable investment option link
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