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[size=36]After Al-Rasheed and Al-Rafidain...the Iraqi Bank announces the cessation of deducting installments[/size]
Economy | 12:31 - 03/06/2024
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Mawazine News - Baghdad
The Trade Bank of Iraq announced today, Wednesday, the suspension of deducting loan installments for all employee borrowers for one month only.
The bank’s media expert, Aqeel Al-Shuwaili, said in a statement received by Mawazine News: “In implementation of the directives of Prime Minister Muhammad Shiaa Al-Sudani to stop deducting loan installments for all employees on the occasion of the holy month of Ramadan, we announce the suspension of deducting loan installments for all employee borrowers for one month only.”
He continued, "This came on the occasion of the advent of the holy month," noting that "the loans will be repaid after the end of the blessed month of Ramadan."
The bank’s media expert, Aqeel Al-Shuwaili, said in a statement received by Mawazine News: “In implementation of the directives of Prime Minister Muhammad Shiaa Al-Sudani to stop deducting loan installments for all employees on the occasion of the holy month of Ramadan, we announce the suspension of deducting loan installments for all employee borrowers for one month only.”
He continued, "This came on the occasion of the advent of the holy month," noting that "the loans will be repaid after the end of the blessed month of Ramadan."
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