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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


Al-Rasheed Bank directs its branches to sell building bonds to citizens

rocky
rocky
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Al-Rasheed Bank directs its branches to sell building bonds to citizens Empty Al-Rasheed Bank directs its branches to sell building bonds to citizens

Post by rocky Wed 03 Nov 2021, 7:33 am

Al-Rasheed Bank directs its branches to sell building bonds to citizens


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Al-Rasheed Bank announced, today, Wednesday, that it instructed its branches to directly sell (construction) bonds to citizens wishing to purchase.
And the bank’s media office stated in a statement received by “Al-Iqtisad News”, that “the bank set its instructions regarding the amount, interest and the purchase mechanism, as it included determining a bond worth (500,000) thousand dinars (five thousand dinars) at an interest of (6%) paid to the customer every six months for a period of two years. A bond in the amount of (1,000,000) (one million dinars) with annual interest (7%), to be paid every six months for a period of four years.
He added, "It is the right of the person, whether (naturally or morally) wishing to purchase to submit a direct request to the bank, accompanied by the original tariff documents, in exchange for the bank giving the customer a receipt for the amount he paid to purchase the bonds."
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Al-Rasheed Bank directs its branches to sell building bonds to citizens Empty Launching government construction bonds for circulation with semi-annual interest

Post by rocky Wed 03 Nov 2021, 7:41 am

[url=https://ultrairaq.ultrasawt.com/sites/default/files/styles/large/public/%D8%B1%D9%88%D8%A7%D8%AA%D8%A8 %D8%A3%D9%85%D9%88%D8%A7%D9%84][You must be registered and logged in to see this image.][/url]
Launching government construction bonds for circulation with semi-annual interest
November 03, 2021



The bank determined the purchase mechanism and the value of the interest
Ultra Iraq - Editorial Team
Al-Rasheed Bank announced the launch of building bonds for citizens with semi-annual interests, while specifying the mechanism for purchasing bonds and the value of the interests.
The bank stated in a statement, November 3, that "a directive was issued to its branches to directly sell construction bonds to citizens wishing to purchase."
The statement explained, "The bank set its instructions regarding the amount, interest and the purchase mechanism, as it included specifying a bond of 500,000 dinars at an interest rate of 6% to be paid to the customer every six months for a period of two years, and a bond of one million dinars with an annual interest of 7% paid every six months for a period of four years."
The statement indicated that "the instructions allow a person (naturally or legally) wishing to purchase to submit a direct request to the bank, accompanied by the original identification documents, in return for the bank giving the customer a receipt for the amount he paid to purchase the bonds."
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    Current date/time is Mon 03 Oct 2022, 11:29 pm