August 8, 2022

The Central Financial institution of Bahrain at this time determined to lift its base rate of interest on weekly deposits from 1.25% to 1.75%.

The rate of interest on in a single day deposits was additionally elevated from 1.00% to 1.50%, and the rate of interest on four-week deposits was elevated from 1.75% to 2.50%. That is along with a rise within the rate of interest set by the Central Financial institution for retail banks in alternate for credit score providers from 2.50% to three.00%.

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