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Today, Wednesday, Al-Rafidain Bank called on citizens to pay their debts in late monthly installments, with the aim of circulating interest on other segments.
The bank said in a statement, which Al-Naba received a copy of, that "some citizens are lagging in paying their monthly installments on loans and other banking facilities, stressing that the bank will take legal measures and activate the law of collecting state funds in addition to the delay fines imposed on those who are reluctant."
He explained, "Refraining from paying what they owe harms citizens and accumulates debts on them and exposes them to dire legal consequences. It is the duty of advice to expedite payment in order to preserve public money, in addition to giving the rest of the citizens the opportunity to benefit from the services provided by the bank from the returns of installments and the money lagging behind."
He pointed out, "The bank continues to provide various types of services and facilities, including those wishing to obtain apartments in the Basmajah residential complex, in addition to small projects loans, construction and restoration loans, car loans, in addition to investment loans and other services."
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