CSB raises rates for term deposits

Catholic Syrian Bank (CSB) has increased the interest rates on domestic term deposits for various maturities between 1 and 5 years. Effective from January 12, the interest rates for 365 - 499 days deposits have been raised to 9.25 per cent. Deposits of 500 days will earn interest at 9.5 per cent. For deposits of 501days to less than 60 months, the interest rate is 9.25 per cent.