Rates of banking operations

Cash Credit

14% per annum Short-term loans in Iraqi Dinars (for one year)
15% per annum Medium term loans in Iraqi dinar (more than one year and up to five years)
15% per annum Current Loans City (Excavated) 14% per annum for bills and discounted remittances
14% per annum Short-term loans in US dollars
7. 5% per annum on housing loans in Iraqi Dinars
7. 5% per annum for workers’ premium is decreasing
6. 5% per annum for advances of bank employees (reduced premium)
12% per annum on loans for the purchase of cars in dinars dinar
12% per annum for secured loans from the Iraqi Company for Bank Guarantees, except for sponsorship commissions
10% per annum for loans granted by the Iraqi Company for the financing of small and medium enterprises
Interest paid

First: savings accounts (in Iraqi dinars and US dollars)
3% per annum on savings accounts in Iraqi dinars payable monthly
1.5% per annum on savings accounts in US dollars payable every (3) months
Second: Fixed Deposits (in Iraqi Dinars) 5 75% per annum for Iraqi Daughters Deposits for all sectors and for all periods
Third: fixed deposits (in US dollars). 75% per annum on deposit accounts in US dollars for all sectors and for all periods

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