Banking and insuranceEconomical

Sale of long-term deposit certificates for investment in Capital Bank


According to the financial news report, citing the public relations of the Capital Bank, based on the permission of the Central Bank of the Islamic Republic of Iran, the sale of special investment (general) term deposit certificates of this bank will take place in all branches until the end of this year.

These bonds will be named, with a maturity of one year and an interest rate of 23% per annum from the date of issue. The payment of accrued interest on the said bonds will be monthly and the redemption before its receipt will be at the rate of 10% per annum.

It should be noted that the sale of these bonds is possible only to Iranian natural persons over 18 years of age, and respected applicants can fill out the application form for a special term deposit certificate for general investment by visiting the branches of Capital Bank across the country.

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