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Al-Rasheed reduces the interest of retirees' advances to 4%
10:09 - 11/03/2021
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Al-Maaloumah / Baghdad ...
Al-Rasheed Bank announced, on Thursday, that the interest rate on advances granted to retirees will be reduced to 4% and for Nakheel card holders.
"The bank decided to reduce the interest rate on advances granted to retirees to 4% for holders of the MasterCard" Nakheel "card, the bank’s media office said in a statement received by the information.
The statement added, "The bank has previously reviewed all instructions related to advances and loans granted to employees, retirees and citizens."
He pointed out that "work is underway to implement the electronic system to grant advances to retirees, which will be implemented in the coming days after the experience of the predecessors of the security ministries' employees." End / 25
Al-Rasheed Bank announced, on Thursday, that the interest rate on advances granted to retirees will be reduced to 4% and for Nakheel card holders.
"The bank decided to reduce the interest rate on advances granted to retirees to 4% for holders of the MasterCard" Nakheel "card, the bank’s media office said in a statement received by the information.
The statement added, "The bank has previously reviewed all instructions related to advances and loans granted to employees, retirees and citizens."
He pointed out that "work is underway to implement the electronic system to grant advances to retirees, which will be implemented in the coming days after the experience of the predecessors of the security ministries' employees." End / 25
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