CSB raises rates for term deposits

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