Rasheed Bank Launches New Loans and Advances Package for Employees and Retirees

mesoiraq - State-owned Rasheed Bank announced the release of a comprehensive package of banking facilities, offering loans and advances for public employees and retirees under flexible financing conditions. The package includes employee advances ranging from 5 to 25 million dinars over five years at an 8% diminishing interest rate without a guarantor, alongside dedicated credit lines for contract staff and pensioners. Additional services encompass installment loans up to 125 million dinars, real estate restoration loans, and targeted funding for healthcare and educational professionals, supporting government directives to streamline access to finance.