Rafidain announces suspension of credit activity in the middle of next month

Rafidain bank announced these days, Friday, the suspension of credit score interest in the center of subsequent month.

The financial institution’s media workplace stated in a statement received through / dinaropinions.com, that “due to the imminent quit of the fiscal yr and for the functions of the once a year utility and to make room for the liquidation of suspensions and the preparation of statistics and annual inventory and the organisation of budgets, credit activity of all kinds could be suspended on 12-15-2024 and mortgage applications and different banking services will no longer be promoted.”

consistent with the assertion, the bank directed “its branches in Baghdad and the governorates to complete all completed transaction requests for superior stages in their techniques before the above date,” indicating that “work will resume selling loans early next year.”