Rasheed Bank grants loans to citizens of up to 30 million dinars

Banks

Economy News / Baghdad ...

Rasheed Bank, announced Wednesday his intention to grant loans to the citizens of up to 30 million dinars for the purchase of cars, pointing out that the loan term of five years.

The general director of the bank Rashad Khudair Wahid in an interview, "The bank decided to grant loans to citizens for the purchase of cars and vehicles, and the mechanics of production, provided that the amount does not exceed 90% of the price of the vehicle or machine."

Wahid added that "allocated for the purchase of auto loan amount will be a maximum of 30 million dinars to be repaid within five years," adding that "the loan regulations require that there be guarantor guarantor is referring put reservations on the car and insurance on the life of the borrower and not have borrower any previous loans. "

mm

Source