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[size=30]Al Rasheed Bank issues a statement regarding new instructions for Basmajah apartments' loans
2021-04-27
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Yes Iraq: Baghdad
On Tuesday, Al Rasheed Bank announced new instructions for granting loans to purchase housing units in the Basmajah complex in the capital, Baghdad.
The media office said in a statement that "new instructions have been issued to grant loans to purchase housing units in the Basmajah complex by adding the sponsor's condition to non-employees."
He added, "This condition was set due to the presence of discoloration and lack of commitment to pay premiums by previous beneficiaries."
The previous instructions included granting the purchase loan without a guarantor to both employees and citizens alike.
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