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5 and 10 million.. Launching special advances for the popular crowd
Shafaq News/ The Popular Mobilization Authority announced, on Sunday, the launch of special advances for the members of the crowd in agreement with Al-Rafidain Bank.
A statement by the authority stated, "At the direction of the authority's president, Faleh al-Fayyad, a meeting took place last week between the general manager of the crowd finance and the general manager of Rafidain Bank, and it was agreed to launch an advance (the five million, the ten million) with a fixed interest (5% DP)."
He added that the authority will begin to circulate the matter to the formations with the mechanism of action and after determining the donor branches by the Rafidain Bank to be financed during the month of Ramadan by the Rafidain Bank administration and in coordination with the Authority's General Finance Directorate.
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A statement by the authority stated, "At the direction of the authority's president, Faleh al-Fayyad, a meeting took place last week between the general manager of the crowd finance and the general manager of Rafidain Bank, and it was agreed to launch an advance (the five million, the ten million) with a fixed interest (5% DP)."
He added that the authority will begin to circulate the matter to the formations with the mechanism of action and after determining the donor branches by the Rafidain Bank to be financed during the month of Ramadan by the Rafidain Bank administration and in coordination with the Authority's General Finance Directorate.
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