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Two government banks announce the launch of new loans
Shafaq News/ Al-Rafidain Bank announced, on Thursday, the interest of a 150 million loan for the purchase of a residence.
The bank's media office said in a statement that the interest of a 150 million dinars loan for the purchase of a residence is 4 percent.
He pointed out that the loan repayment period is up to 10 years, noting that the application for the loan is in all the bank's branches in Baghdad and the provinces.
To that, Al-Rasheed Bank announced the launch of a new meal for the advances of employees of state and contract departments and employees of the defense and interior, amounting to (10) million dinars and (5) million to contract employees.
In a statement, the bank called on all beneficiaries who will receive text messages with the amount of the advance to review the bank’s branches or electronic payment outlets to receive it.
The media office confirmed that the advances are submitted electronically to Nakheel card holders, and there is no intermediary between the bank and the customer.
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The bank's media office said in a statement that the interest of a 150 million dinars loan for the purchase of a residence is 4 percent.
He pointed out that the loan repayment period is up to 10 years, noting that the application for the loan is in all the bank's branches in Baghdad and the provinces.
To that, Al-Rasheed Bank announced the launch of a new meal for the advances of employees of state and contract departments and employees of the defense and interior, amounting to (10) million dinars and (5) million to contract employees.
In a statement, the bank called on all beneficiaries who will receive text messages with the amount of the advance to review the bank’s branches or electronic payment outlets to receive it.
The media office confirmed that the advances are submitted electronically to Nakheel card holders, and there is no intermediary between the bank and the customer.
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