Initiates

Al-Rafidain Bank has announced the commencement of the semi-annual interest disbursement for holders of the second-issue reconstruction bonds, specifically for the one-million-dinar category. The bank clarified that these bonds offer a fixed annual yield of 8% over a four-year period. Furthermore, the bank urged bondholders to visit its branches across the capital and other provinces to receive their financial dues smoothly. This step underscores the bank's firm commitment to fulfilling financial obligations on time, thereby bolstering investor confidence in the banking sector.