Rafidain Bank announced on Sunday the establishment of new facilities to grant loans for the purchase of housing units in the compound Basmaya.
The bank’s press office said in a press statement that it had set up easy facilities for these loans and that its branches had been attracted by those wishing to grant them by canceling the sponsor’s condition if the citizen pays 25 percent of the value of the housing unit.
He pointed out that “the loan period of 15 years and repay the amount with interest over (180) monthly installments on a straight line basis.”
