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Al-Rafidain Bank announced on Thursday (September 22, 2022) that the advances of the employees of the local contracts, their salaries amount to 10 million Iraqi dinars.
And the bank’s media office stated, in a statement received by IQ News, that “the advances of contract employees in state departments amount to 5 million Iraqi dinars, while the advances of employees of local contracts amount to 10 million Iraqi dinars,” noting that “the period of payment of the advance is 5 years and at a rate of 10 million Iraqi dinars.” 5% interest.
The statement added, "The bank's branches in Baghdad and the provinces are the only and official body that receives requests for promotion of advances and loans."
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