Al-Rafidain and Al-Rasheed confirm their ability to meet loan and advances requests11/08/2020
The information / Baghdad ..
The director of the Rasheed Bank, Basem Abd Ali, confirmed the bank’s ability to meet all loan requests from local currency, especially employee advances.
"The bank's branches are witnessing a great turnout for the purpose of credit, and the bank's liquidity and other banks are very reassuring, and there is no reason for fear and panic over their retreat, and we will launch a new loan initiative next year," he said in a statement reported by Al-Sabah newspaper.
For his part, Director of Al-Rafidain Bank, Hussein Ali, revealed that there is a tendency to support and finance "new and stalled" strategic projects.
Ali said, Al-Rafidain “decided to grant interest in advance to fixed deposits deposited by citizens for different periods of time,” in addition to working to “reduce interest on all advances and loans granted to citizens and employees.” End / 25