Rafidain Bank announces resumption of granting loans after launching the public budget

after the approval of the general budget of the country.

According to informed sources in the bank said in a statement reported for "Shafaq News" "the continuation of suspended advances was due to a lack of financial liquidity in banks and non-completion of regulatory procedures with the fact that the cash flow is not sufficient to restore the resumption of launching advances as well as delayed vote on the budget, which has impacted negatively on the financial situation in the country. "

The sources said that " Rafidain Bank will put a suitable mechanism for granting loans and advances to the citizens and employees differ from its predecessors with the imposition of specific conditions to ensure the sponsors , the interest rate and deduction."