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Friday 18 October 2019 - 09:45
Rafidain announces the opening of documentary credits to the ministries of state, merchants, public and private sectors
Rafidain Bank on Friday announced the opening of documentary credits to state ministries, merchants and public and private sector companies with soft commissions.
"The bank is ready to receive requests to open documentary credits to traders, the public and private sectors in the financing of foreign trade," the bank's information office said in a statement received by the Official News Agency of Iraq.
He added, "Opening the documentary credit to traders who import and export their goods and ship them and take them out if they comply with the legal requirements is in an easy way at the bank because the Bank of Rafidain is a government entity and therefore the completion of the book of opening the documentary credit is in accordance with quick procedures. Different from other banks."
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