Up to 150 million… Al-Rasheed decides to grant a loan for the maintenance of commercial buildings

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Up to 150 million... Al-Rasheed decides to grant a loan for the maintenance of commercial buildings

Al-Rasheed Bank declared today, Monday, the conceding of a credit for the support of business structures adding up to (150) million dinars.

“In an effort to diversify services, we announce the direct granting of a loan for the purpose of maintaining commercial buildings, amounting to (150) million dinars,” the bank stated in a statement received by the

He went on to say that “the loan can be an individual loan or a joint loan” and that “the loan is granted to all citizens (employees and citizens) on the condition that the building is in the name of the loan applicant or one of its owners.”

“The General Director of the Bank, Mohamed Samir Abbas, directed all branches to receive those wishing to apply and to facilitate grant procedures as quickly as possible and in accordance with the announced controls,” he continued. “The duration of the loan is 6 years, with a monthly grace period of 3 months, which includes the installment only, provided that the interest is paid on the due date.” He also noted that “The General Director of the Bank, Mohamed Samir Abbas,”