Banking and insuranceEconomical
Bank Melli’s proxy fee rate was determined
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According to the financial monetary news quoted by the public relations of Bank Melli Iran, in its sixty-first meeting, the bank’s board of directors set the interest rate for using investment deposits for fiscal year 1401 equal to 3%.
Proxies include the costs of using clients’ long-term investment deposits in the provision of facilities and economic investments of the bank, and this is done according to the principles of interest-free banking law and the relationship between lawyer and client in this law. .