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2022-02-22 06:42
A government bank directs the granting of loans to restore and rehabilitate residential homes
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2022-02-22 06:42
Shafaq News/ The state-owned Al-Rafidain Bank directed its branches in Baghdad and the provinces, on Monday, to grant loans to restore and rehabilitate residential homes for employees and citizens according to the geographical area of the borrower's residence.
In a statement received by Shafak News Agency, the bank's media office said that it instructed its branches to abide by the regulations and instructions for granting loans for the restoration and rehabilitation of residential homes.
He pointed out that the transactions are submitted according to the geographical area of the borrower's residence and based on the location of the property as a criterion for distributing applications to the concerned branches.
Al-Rafidain Bank had announced earlier granting loans to restore and rehabilitate residential homes for employees at a rate of 50 million dinars and for citizens 30 million dinars at an interest rate of 5 percent.
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In a statement received by Shafak News Agency, the bank's media office said that it instructed its branches to abide by the regulations and instructions for granting loans for the restoration and rehabilitation of residential homes.
He pointed out that the transactions are submitted according to the geographical area of the borrower's residence and based on the location of the property as a criterion for distributing applications to the concerned branches.
Al-Rafidain Bank had announced earlier granting loans to restore and rehabilitate residential homes for employees at a rate of 50 million dinars and for citizens 30 million dinars at an interest rate of 5 percent.
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