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BANKING SERVICES

TIME DEPOSIT ACCOUNTS

Term deposit service is the service that enables you to benefit from the interest on the deposited amount, where the customer receives the interest according to the time period specified by him, and leaves the option to him to obtain the interest paid directly in the bank account, or to reinvest it with the original deposit capital

  • A higher return and a fixed interest that does not change throughout the linking period (price tab le as an electronic link)
  • Flexibility to choose the period of attaching the deposit: 1 month, 3 months, 6 months, 12 months, 18 months, 24 months
  • Possibility to increase the amount of the tied deposit at any time
  • Linking to the current account to protect against overdraft
  • A founding member of the deposit guarantee company subject to the central bank of iraq (currently under establishment) and an announcement will be made…
  • The minimum balance within the account is one million Iraqi dinars

Documents required to open an account:

For the Iraqis:

  • A valid identity document (the unified national card) in addition to a copy of an iraqi passport (to confirm the name in arabic and english upon opening the account and in an accurate form.
  • Proof of residence (obtaining a landline, electricity or water bill for a period not exceeding 3 months from the date of submitting the application, or a copy of the rental contract or title deed for the land and the house, in addition to a recent copy of the residence card)

For Non-Iraqis:

For the palace:
Terms and conditions apply

ABOUT

The Economy Bank for Investment and Finance was established in 1999 with a capital of (200) million Iraqi dinars to contribute to economic development by revitalizing the productive, agricultural, commercial and industrial sectors through the practice of commercial and investment banking and financing activities under the supervision and control of the Central Bank of Iraq through its branches and offices, which exceeded (75) branches and offices inside Iraq.

DISCOVER

CONTACT

  • Iraq - Baghdad – Al-Mansour - Al-Amerate St.
  • [email protected]
  • 0780 400 0001
  • 0780 400 0002

Mostafa Amer Mohamed- CV

  • Date of birth: 1987
  • Membership date: 4/4/2017
  • Professional Experience :
  • Mr. Mustafa Amer is a member of the Board of Directors of the Economy Bank for Investment and Finance.
  • Mr. Mustafa Amer worked in the Raban Al Safina group of companies and has experience in the field of management, development and strategic planning. Mr. Mustafa believes in the importance of investing in human energies and creativity to develop societies and provide fair opportunities by emphasizing the values of trust and transparency.
  • Mr. Mustafa holds a Bachelor's degree in Petroleum Engineering from the Syrian Private University.