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Al-Rafidain Bank issues a clarification regarding the interest rate for granting advances
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Economy News-Baghdad
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Added 11/06/2022 - 8:43 AM
Update 11/06/2022 - 2:33 PM
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Economy News-Baghdad
Today, Sunday, Al-Rafidain Bank issued a clarification about what was reported by a number of media and social networking sites about the interest rate imposed by the bank on advances to employees, defense and interior employees, and retirees.
The bank's media office said in a statement today, "The interest of the advances is 5 percent, and it is fixed on the principal amount of the advance, and it is almost similar and is applicable to many banks."
He added, "As for the information that talked about high percentages of advances, it is incorrect and not accurate, and that the bank has a reading of its financial accounts that were adopted in determining the benefits of the amount of the advance, which is different from what some put in the media. Those who have the desire to know these percentages can visit the bank's branches to see." on the terms and conditions thereof.
74 . views
Added 11/06/2022 - 8:43 AM
Update 11/06/2022 - 2:33 PM
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