Economy News Baghdad
Rafidain Bank on Wednesday issued a clarification on the granting of an advance of 10 million dinars for private and mixed employees working in hospitals, colleges and private companies.
"The granting of an advance of 10 million dinars for private and mixed employees working in hospitals, colleges and private companies will be in the case of the salary of the monthly employee with allocations more than 500 thousand dinars," the bank's information office said in a statement read by the economy news.
The statement added that "the salary of the employee ranges from 500 thousand dinars or less, giving the amount of the advance only 5 million," noting that "the period of payment of the advance 5 years are repayable installments installments and interest monthly within 60 months from the month following the date of granting the advance."economy-news.net/content.php?id=17263
Rafidain Bank on Wednesday issued a clarification on the granting of an advance of 10 million dinars for private and mixed employees working in hospitals, colleges and private companies.
"The granting of an advance of 10 million dinars for private and mixed employees working in hospitals, colleges and private companies will be in the case of the salary of the monthly employee with allocations more than 500 thousand dinars," the bank's information office said in a statement read by the economy news.
The statement added that "the salary of the employee ranges from 500 thousand dinars or less, giving the amount of the advance only 5 million," noting that "the period of payment of the advance 5 years are repayable installments installments and interest monthly within 60 months from the month following the date of granting the advance."economy-news.net/content.php?id=17263