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Stop the 100-salary loans and the continuation of loans for the purchase of housing units

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Stop the 100-salary loans and the continuation of loans for the purchase of housing units

Post  claud39 on Tue Jan 08, 2019 6:41 am

http://www.rafidain-bank.gov.iq/



Stop the 100-salary loans and the continuation of loans for the purchase of housing units








Al-Rafidain Bank announced the suspension of 100-salary loans and its continuation by granting loans for the purchase of residential units in investment projects according to the controls on the basis of (100) nominal salary and not exceeding the maximum limit (75000000) seventy five million dinars to the local employees salaries and (40 million) In addition to the granting of construction loans to citizens up to (50000000) fifty million after providing a collateral for residential land not less than 200 square meters. Thestatement pointed out that the bank stopped granting loans of 100 salaries to employees of departments State due to merit S high risk to the bank and not to achieve the goal of it by the beneficiaries.

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