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Al-Rasheed Bank announces reducing the interest rate for personal advances DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Al-Rasheed Bank announces reducing the interest rate for personal advances

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Al-Rasheed Bank announces reducing the interest rate for personal advances Empty Al-Rasheed Bank announces reducing the interest rate for personal advances

Post by claud39 on Tue May 05, 2020 10:06 am

Al-Rasheed Bank announces reducing the interest rate for personal advances




05/05/2020



Al-Rasheed Bank announces reducing the interest rate for personal advances 2530







Economy News - Baghdad:


Al-Rashid Bank announced that it continues to grant personal advances to employees of the endemic state departments whose salaries are with the bank (without a sponsor) that were promoted earlier .


The bank said in a press release, that the bank issued administrative instructions to reduce the interest rate for the Nakheel MasterCard predecessor from 8% to 5% with a three-month grace period for the monthly installment except for the interest as of 4/15/2020 .


The bank confirmed that it has started developing a mechanism for granting advances and adopting an advanced electronic system that reduces procedures and time.





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