Al-Rasheed Bank has announced the granting of advances to retirees up to 3 million dinars, via smart card exclusively.
The assistant director of the bank Moataz Abdul Rasoul in a press statement: The bank is still continuing to grant advances to retirees according to his pension and the amounts ranging between one million and 500 thousand dinars to three million dinars.
Abdul Rasul said that the interest on these advances up to 7 percent and the duration of repayment of five years, pointing out that the bank requires that the pensioner has a smart card in order to exchange the advance.
It is worth mentioning that Al-Rasheed Bank started early this year to grant salaries to employees of ten salaries according to certain mechanisms and controls
SOURCE
The assistant director of the bank Moataz Abdul Rasoul in a press statement: The bank is still continuing to grant advances to retirees according to his pension and the amounts ranging between one million and 500 thousand dinars to three million dinars.
Abdul Rasul said that the interest on these advances up to 7 percent and the duration of repayment of five years, pointing out that the bank requires that the pensioner has a smart card in order to exchange the advance.
It is worth mentioning that Al-Rasheed Bank started early this year to grant salaries to employees of ten salaries according to certain mechanisms and controls
SOURCE