Rafidain Bank cancels the condition of the guarantor on loans for the purchase of housing units





August 15, 2017

Rafidain Bank decided on Tuesday to cancel the condition of the sponsor to provide loans for the purchase of residential units in the Basmaya housing complex.

The bank’s information office said in a statement that “the bank decided to cancel the condition of the sponsor in case the citizen pays 25 percent of the value of the residential unit in the project Basmaya,” noting that “the loan period of 15 years and repay the amount with interest over 180 monthly installments In a straight-line manner “.


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