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Rasheed announces advances to retirees up to 3 million dinars
18/05/2017
Rasheed Bank announced Thursday that it provides advances for retirees of up to 3 million dinars, stressing the need to be the borrower has a smart card from the bank exclusively.
He said deputy director of the bank Moataz Abdel Rasoul told a news that "the bank statement is still continuing to grant advances to retirees according to his pension and amounts ranging between one million and 500 thousand dinars and two million dinars and three million dinars."
He added that Abdul Rasul "interest on these advances of up to 7% and the duration of the payment of five years," stressing that "the pensioner is required to have a smart card Rasheed Bank exclusively."
The Rasheed Bank began in 2017 to grant advances to employees of ten salaries in accordance with the mechanisms and controls certain.
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