10 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Source: وكالة بغداد اليوم الاخبارية
10 Hrsوكالة بغداد اليوم الاخبارية
Source: وكالة بغداد اليوم الاخبارية
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The government-owned Rashid Bank has announced the launch of a package of banking services that includes loans and advances for employees and retirees, aimed at meeting various funding needs. These services feature advances ranging from 5 million to 25 million dinars, with a five-year term and a declining annual interest rate of 8%, offered without a guarantor. Additionally, there are installment loans up to 125 million dinars with repayment periods of up to 12 months. The package also includes other types of loans such as marriage loans up to 10 million dinars, home renovation and repair loans up to 75 million dinars, healthcare professional loans up to 80 million dinars for five-year terms, and financing facilities for the private sector. This initiative is part of the Ministry of Finance's efforts to simplify the loan procedures, streamline transactions, and provide funding across various sectors, in line with the government's move to enhance liquidity and stimulate economic activity.
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