Banking and insuranceEconomical

Increasing the number of banks supplying certificates of deposit with an interest rate of 23%


According to the report of financial financial news, citing the public relations of the central bank, by issuing the authorization for the issuance of term deposit certificates for eight banks; Mellat, Tejarat, Sepe, Agriculture, Entrepreneur, Iran Export, Day and Post Bank and adding these banks to the total of 17 banks that were able to issue this certificate before, the number of banks providing this certificate reached 25 banks.

It should be mentioned that before this the National Banks of Iran, Housing, Welfare of Workers, Cooperative Development, Middle East, Pasargad, Parsian, Sina, Saman, New Economy, Shahr, Iranzmin, Capital, Tourism, Iran and Venezuela, as well as Noor and Nations credit institutions, banks And there were credit institutions that received permission from the central bank to issue these bonds. Also, the remaining requests of the banks in this regard are being sent to the central bank.

The permission to issue special term deposit certificates for public investment was approved in the meeting of the central bank’s executive board on the 3rd of January this year and was notified to the country’s banking network on the same day.

These bonds are issued with an interest rate of 23% and their sale is allowed only to real Iranian people over the age of 18. The term of these bonds is one year.

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