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Learn the powers granted by the Rafidain branches on citizens loans
April 17 .2017 - 11:27 | Number of readings: 17
Sommer News: Baghdad
Rafidain Bank announced Monday, granting unified powers to the delegates of the General Administration of South and North and Central regions for the purpose of providing financial facilities and loans to employees and citizens.
The Information Office of the Bank said in a statement, "Sommer News", "received the bank gave its representatives in the provinces wide powers to grant financial facilities in an amount not to exceed twenty million dinars for citizens of small and medium-sized entrepreneurs bail sponsor", stressing "the need to have financial appreciation commensurate with the financial assessment of student facilities. "
The office, "said the bank also decided to grant financial facilities amounting to forty million dinars and to guarantee mortgage property first class," noting that "the conviction is divided by representatives of public administration and efficiency of the financial citizen."
The office, "said the bank also decided to grant branch managers authority to grant loans and various credit purposes until thirty million dinars to meet mortgage guarantee property."
Rafidain Bank began since 2016 to grant loans and advances to citizens and employees and multiple purposes.
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