Banking platform provider, Monument Technology, has announced that it has signed an agreement with AlRayan Bank, the UK’s longest-established Islamic bank, to support the largest technology investment in the bank’s history.
Al Rayan Bank has increased the expected profit rates (EPR) across its Fixed Term Deposit (FTD) savings accounts for a third time in the last month. It means fixed savings EPRs have now hit 2% for the 36 month FTD account.
