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Al-Rasheed decides to increase the ceiling for granting “construction” loans to 75 million dinars
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Economy News - Baghdad
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Added 05/07/2024 - 7:25 PM
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Economy News - Baghdad
Al-Rasheed Bank announced, on Tuesday, an increase in the ceiling for granting loans (construction and construction additions) to 75 million Iraqi dinars.
A statement from the bank, seen by Al-Iqtisad News, stated that “The Director General of Al-Rashid Bank, Muhammad Samir Abbas, directed that powers be granted to branch managers to grant (50) million dinars, and anything in excess of that falls under the authority of the credit department.”
He added: “As for the delegates’ offices in the four regions, authority was given to the credit committee in the delegate’s office.”
According to the statement, the bank called on “all those wishing to apply to visit its branches in Baghdad and the provinces to promote their applications.”
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Added 05/07/2024 - 7:25 PM
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