CIB Introduces New Dollar Deposit with 6% Annual interest
First Bank
The Commercial International Bank (CIB) has announced the launch of a new one-year dollar-denominated deposit with an attractive annual interest of 6%. Investors will receive their returns on a monthly basis.
CIB has set a minimum deposit requirement of $10,000 for this term deposit.
Furthermore, CIB highlights that the new medium-term savings option allows customers to save their funds without the need for long-term commitments. Additionally, depositors have the flexibility to withdraw their funds at any time, as there is no fixed duration for the term deposit redemption.