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Iraq announces new guidance on small and medium loans

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Rocky


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Iraq announces new guidance on small and medium loans

16-08-2017 03:15 PM

Euphrates -

The face of the Rafidain Bank, on Wednesday, its branches in Baghdad and the provinces to adopt a book of support from the sponsor , who is on bail the borrower citizen who purports to grant small and medium enterprise loans and up to 25 million dinars circle.

According to a statement issued by the Information Office of the Bank, the Bank 's adoption of the face of the book 's support from the sponsor circle which supports the continuation of the service and the monthly net salary received by the sponsor.

He pointed out that the bank 's mortgage property first class in favor of the bank adopted in the event of the borrower was unable to provide the sponsor.

The Rafidain Bank announced earlier, the granting of loans to citizens in order to carry out small businesses and medium - up KD 50 million for.


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