Al-Rasheed announces the end of the grace period for deduction of premiums
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Al-Rasheed announces the end of the grace period for deduction of premiums
by claud39 Wed Sep 02, 2020 9:20 am
Al-Rasheed announces the end of the grace period for deduction of premiums
09/02/2020
09/02/2020
Economy News - Baghdad
Al-Rasheed Bank announced, on Wednesday, the end of the grace period to deduct the installments granted by the bank during the curfew days that were imposed after the spread of the Corona pandemic in Iraq.
The bank said in a statement seen by "Al-Eqtisad News", that "the grace period approved by the bank’s board of directors and the General Secretariat of the Council of Ministers during the ban period ended on 6/1/2020."
He explained that, "Otherwise, the salary of the guarantor will be seized and the benefits of delaying it will be calculated, which will burden the borrower."
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