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| Rafidain decides to stop paying the salaries of loans and advances by employees and citizens |
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Baghdad Rafidain Bank
announced on Tuesday the suspension of payment of wages of loans and advances by employees and citizens, while its branches paid all requests for loans and advances, which have already been obtained approvals. "Due to the end of the fiscal year and for the purpose of completing the statistics in accordance with the regulations of the Central Bank and for the enforcement of the credit ceiling, it is decided to stop paying the wages of the loans and advances that are promoted by employees and citizens," the bank's information office said in a statement received by Alsumaria News.
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[You must be registered and logged in to see this image.]Rafidain decides not to grant loans and advances to the illiterate class
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[You must be registered and logged in to see this image.]Al-Rafidain issues guidance to its branches on project loans for citizens amounting to 15 million dinars
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"The bank has directed its branches to pay all requests for loans and advances that have already been obtained approvals and fees to inquire about them," the office said.
The Rafidain Bank began last year to grant loans and advances to employees and owners of hotels and health professionals and amounts ranging from 10 to 50 million dinars.[/size]
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