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Rivers: 100 salary loan depends on the liquidity and the size of the budget planning
12/01/2014 09:42
Rafidain Bank confirmed that the distribution of the 100 salary depends on the cash flow and budget planning for the size of the bank, adding that he may reconsider the project after the evaluation in terms of performance and returns.
The bank manager on behalf of Kamal al-Hassani said "the distribution of the 100 salary for employees is based on cash flow and budget planning for the size of the bank," noting that "the bank has specific credit ceilings in every year with the approval of the ministry which is related to the assignments determined by the Council
Management of the bank and then go to the ministry for approval by the Minister to be approved. "
He said al-Hassani said "the bank passes in a period where liquidity is not significant in light of the budget stops size, in addition to heading to large development projects," noting that "the bank may reconsider the project after our evaluation of him in terms of performance and returns over the usefulness of the citizen."
And stopped the Ministry of Finance in February 2012 lending staff for reasons described Baladaria, in response to the request of the Rafidain and Rasheed because of the growing popularity of these advances by employees who exceeded several plans for this purpose.
Prepared for this purpose.
Decided the Ministry of Finance since 2008, and the bank through the Rafidain and Rasheed, in coordination with the ministries and government departments to grant advances and various loans to employees to not be less than the employee service for five years according to the conditions and regulations specified for that, that does not exceed the loan to 50 million and an interest rate of 8 percent to be reimbursed within ten years.
The loan is a loan in the event of the necessity to pay the full amount before retiring, while in the case of a loan is repaid to the possibility of post-career service and his retirement.
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12/01/2014 09:42
Rafidain Bank confirmed that the distribution of the 100 salary depends on the cash flow and budget planning for the size of the bank, adding that he may reconsider the project after the evaluation in terms of performance and returns.
The bank manager on behalf of Kamal al-Hassani said "the distribution of the 100 salary for employees is based on cash flow and budget planning for the size of the bank," noting that "the bank has specific credit ceilings in every year with the approval of the ministry which is related to the assignments determined by the Council
Management of the bank and then go to the ministry for approval by the Minister to be approved. "
He said al-Hassani said "the bank passes in a period where liquidity is not significant in light of the budget stops size, in addition to heading to large development projects," noting that "the bank may reconsider the project after our evaluation of him in terms of performance and returns over the usefulness of the citizen."
And stopped the Ministry of Finance in February 2012 lending staff for reasons described Baladaria, in response to the request of the Rafidain and Rasheed because of the growing popularity of these advances by employees who exceeded several plans for this purpose.
Prepared for this purpose.
Decided the Ministry of Finance since 2008, and the bank through the Rafidain and Rasheed, in coordination with the ministries and government departments to grant advances and various loans to employees to not be less than the employee service for five years according to the conditions and regulations specified for that, that does not exceed the loan to 50 million and an interest rate of 8 percent to be reimbursed within ten years.
The loan is a loan in the event of the necessity to pay the full amount before retiring, while in the case of a loan is repaid to the possibility of post-career service and his retirement.
[You must be registered and logged in to see this link.]
