Emirates Islamic Bank tops in profit distribution

From: Al Bawaba | Date: January 20, 2008 | Copyright information

Emirates Islamic Bank announced its profits on investment and savings accounts for the 4th quarter of 2007, recording the highest profit rates in the market on deposits. The Bank paid the most attractive returns on deposits. The annual rate of 6.75% on the two- year investment accounts is considered the highest return declared in the UAE. The one year, 9 months, 6 months, and three months investment accounts annual rates of 6.00%, 5.62%, 5.25%, and 4.87% respectively, are also considered to b...

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