Baghdad Al-Rafidain Bank on Saturday 
directed its branches to grant a loan of 50 million to hoteliers, while setting conditions for granting such loan. The bank said in a statement received Alsumaria News a copy of it, "The Rafidain Bank directed its branches in Baghdad and the provinces to grant a loan of 50 million dinars for hotel owners for the purposes of restoration." He added that the bank has set a condition to grant 50 million loan to hotel owners, which is that the rate of completion of the hotel 100% to be a loan for the purpose of restoration and rehabilitation of the hotel, "explaining that" the grace period of 3 months and are paid for installments and interest monthly after the end of the grace period directly.



The Rafidain Bank announced on Saturday (10 June 2017), the granting of loans to citizens and small entrepreneurs in dinars and the US dollar. During the past year, the bank has extended loans and advances to employees, hoteliers and health professionals, with amounts ranging between KD 10 million [You must be registered and logged in to see this link.] KD 50 million.