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| Business Banking |
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Corporate Banking |
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Savings Account |
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| Savings account operates under Modaraba principle. It earns the Corporate customers income depending upon the Bank’s financial results whereby the Bank pays profit to the account holders as agreed previously. Ithmaar Bank invests deposited funds and shares the profits between the bank and the investor based on the bank’s declared profit rate at the end of each month. |
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| Features |
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Can be opened in Bahraini Dinars and US Dollars; |
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Profit is paid on a monthly basis; |
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Savings accounts can be opened in the name of Individuals, Joint Personal, Sole Proprietorship, Body Corporate or any other legal entity; |
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Free ATM card at the time of account opening for individuals, Joint Personal, Sole Proprietorship; |
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Free access to eBanking channels i.e. Internet Banking, Phone Banking and SMS Banking. |
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| Requirements Documents |
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Copy of CR |
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Board Resolution |
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Copy of Memorandum of Association |
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Copy of Articles of Association |
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CPR(s) copy of all authorized signatures and board of directors + Passport(s) copy )for non-Bahrainis( |
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Online Chat is available
from 7:30 AM to 6:30 PM,
SAT-THU
click here to start live chat |
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| PROFIT RATES (%) : 2011 - 2012 |
| Tenor |
Nov |
Dec |
Jan |
| 1 month |
2.25 |
2.25 |
2.00 |
| 3 months |
2.80 |
2.80 |
2.75 |
| 6 months |
3.25 |
3.25 |
3.00 |
| 1 year |
3.50 |
3.50 |
3.50 |
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13 303030
Call Centre |
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