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[size=36]Al-Rasheed: Increasing the amount of loans for restoration and maintenance of buildings to 50 million dinars[/size]
Local | 06:12 - 05/08/2024
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Mawazine News - Baghdad
Al-Rasheed Bank announced today, Wednesday, an increase in the amount of loans for renovation and maintenance of buildings to 50 million Iraqi dinars.
The bank’s media stated in a statement received by Mawazine News, that “loans are granted to citizens and employees in accordance with the previous mechanism and controls that stipulate that the loan is granted to citizens with a guarantor whose salary is domiciled with Al-Rasheed Bank, while employees and security forces whose salaries are domiciled with the bank are granted to them without a guarantor.”
He explained that the bank’s management directed all branches and representative offices to facilitate the procedures for promoting transactions in accordance with the powers granted to them, noting that the bank’s board of directors continues to reconsider the amendment to the previous instructions that are in the interest of the bank’s customer and preserve the rights of both parties in accordance with the controls.
The bank’s media stated in a statement received by Mawazine News, that “loans are granted to citizens and employees in accordance with the previous mechanism and controls that stipulate that the loan is granted to citizens with a guarantor whose salary is domiciled with Al-Rasheed Bank, while employees and security forces whose salaries are domiciled with the bank are granted to them without a guarantor.”
He explained that the bank’s management directed all branches and representative offices to facilitate the procedures for promoting transactions in accordance with the powers granted to them, noting that the bank’s board of directors continues to reconsider the amendment to the previous instructions that are in the interest of the bank’s customer and preserve the rights of both parties in accordance with the controls.
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