Rafidain Bank: an advance state employees 10 million dinars and payment within 5 years

by **Ponee** Fri Sep 02, 2016 10:05 am

Rafidain Bank stressed that the advance of the state which was launched recently staff of 10 million dinars, paid in the form of monthly installments for a period of 5 years.
Press office of the bank said in a statement received by all of Iraq [where] a copy of the "benefits of the advance payment of up to 7 percent for a total amount required repaid month about 196,000 dinars, in addition to obtaining the amount of 2 percent administrative commission of the amount of the advance."

The statement continued that "the total amount that is deducted from the employee's salary is about 196,000 dinars a month on condition that the applicant to request the advance civilian staff installed on permanent staffing and went on to serve one year in order to begin to deduct the amount of the premium month after the grant date."

He stressed the need not to exceed the monthly deductions of advance and other obligations owed by the borrower 50 percent of the total salary as well as the requirement to provide the sponsor to ensure a civil servant of the state employees on the permanent staffing and does not accept guarantees opposite and that does not exceed the deductions of 50 percent of the total salary of the sponsor.

The statement noted that "in the case of a previous advance of the applicant is a Agaydah settlement or cash and the remaining amount is paid for Mstlv."

The statement said that "filling out the form located on the website of the bank from 8:00 am until 13:00 in time for the sort of forms and raising accepted requests for advance payments in the form of names."

The statement noted the rejection of all forms received from lagging ministries in repayments of loans and advances past that is launched after the resumption of debt repayment.

Rafidain Bank was launched on Tuesday, the form for electronic submission of the predecessor state officials of the ministries and its affiliates.

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by **Ponee** Fri Sep 02, 2016 10:07 am

Iraq: 10 million dinars advance to state employees

Rafidain Bank said on Wednesday that the advance of state employees, which was launched recently amounting to 10 million dinars to be paid in the form of monthly installments for a period of 5 years.

The office said in a statement received / balances News / copy it, that "the benefits of the advance payment of up to 7 percent of the total amount required to be paid monthly about 196,000 dinars, in addition to obtaining the amount of 2 percent administrative commission of the amount of the advance."

The statement added that "the total amount to be deducted from the employee's salary is around 196 thousand dinars a month on condition that the applicant to request the advance civilian staff installed on permanent staffing and went on to serve one year in order to begin to deduct the amount of the premium month after the grant date."

He stressed the need "not to exceed the monthly deductions of advance and other obligations owed by the borrower 50 percent of the total salary as well as the requirement to provide the sponsor to ensure a civil servant of the state employees on the permanent staffing and does not accept guarantees opposite and that does not exceed the deductions of 50 percent of the total salary of the sponsor."

He pointed to the bank according to the statement, that "in the case of a previous advance of the applicant is a Agaydah settlement or cash and the remaining amount is paid for Mstlv."

The statement pointed out that "filling out the form located on the website of the bank from 8 am until 13:00 in time for the sort of forms and raising accepted requests for advance payments in the form of names.

He pointed out, that "rejection of all forms received from lagging ministries in repayments of loans and advances past to be launched after the resumption of debt"

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by **Ponee** Fri Sep 02, 2016 10:09 am

Rafidain Bank to resume the granting of advances to employees

Announced the Rafidain Bank, on Tuesday, toresume the granting of advances to state employees, called wanting to get them to fill out the electronic form its own on its website, and as pointed out that the form up after office hours "Sthml," confirmed all forms refused to ministries "lagging the repayment of loans and previous advances. "

Rafidain Bank said in a statement received" long "version of it," the bank 's management has decided toresume the launch of advances to employees by logging into the website of the Bank for the purpose of filling the electronic application form for advances during the official working hours , "stressing that" otherwise theform will be neglected. " the bank added that" reject all forms of ministries lagging in repayments of previous loans and advances. " it is noteworthy that Rafidain Bank decided to suspend the granting of advances to employees early last year , in 2015, after the financial crisis in the country.

Rafidain Bank: an advance state employees 10 million dinars and payment within 5 years