Alsumaria News / Baghdad , 
Rasheed Bank, announced Wednesday his intention to grant loans to the citizens of up to 30 million dinars for thepurchase of cars, pointing out that the loan term of five years. 

The general director of the bank Rashad Khudair Waheed said in an interview for the Sumerian News, " The bank decided to grant loans to citizens for the purchase of cars and vehicles , and the mechanics of productivity, the amount that does not exceed 90% of the price of the vehicle or machine." 

Wahid added that "allocated for the purchase of auto loan amount will be a maximum of 30 million dinars to be repaid within five years , " adding that " the loan regulations require that there be guarantor guarantor is referring put reservations on the car and insurance on the life of the borrower and not have borrower any previous loans. "

He announced the Rasheed Bank, in November 2016, for the direct sale of dollar for travelers, with priority select them for humanitarian cases and wounded military operations.