Rafidain Bank announces the suspension of all types of credit activities

[RJG]

Rafidain Bank announces the suspension of all types of credit activities

• Time: 2024/11/29 12:41:38
•  
• Read: 2,613 times

  

{Economic: Al Furat News} Rafidain Bank announced the suspension of credit activity as of December 15th for the purposes of annual implementation.

 

The bank confirmed in a statement received by {Euphrates News} a copy of it that "due to the approaching end of the fiscal year and for the purposes of the annual application and to make room for the liquidation of the suspended funds and the preparation of statistics and annual inventory and the organization of budgets, all types of credit activity will be stopped on December 15, and loan applications and other banking services will not be promoted."

The bank directed its branches in Baghdad and the governorates to "complete all completed transaction requests that have advanced procedures before the above date."

The statement pointed out that "work on promoting loans will resume early next year."

 

https://alforatnews.iq/news/الرافدين-يعلن-إيقاف-نشاط-الائتماني-بكافة-أنواعه

 

 

[screwball]

33 minutes ago, RJG said:

The bank confirmed in a statement received by {Euphrates News} a copy of it that "due to the approaching end of the fiscal year and for the purposes of the annual application and to make room for the liquidation of the suspended funds and the preparation of statistics and annual inventory and the organization of budgets, all types of credit activity will be stopped on December 15, and loan applications and other banking services will not be promoted."

hmmm...dont ever remember this happening, someone? but if they are laucnhing new visa credit system then makes sense!

[screwball]

Just now, screwball said:

and loan applications and other banking services will not be promoted."

this i remember....

[NMP2017]

51 minutes ago, screwball said:

hmmm...dont ever remember this happening, someone? but if they are laucnhing new visa credit system then makes sense!

I've remember reading in another post somewhere in the foro that this happens every year...I seem to remember it happening last year and people in this foro asking about it

[DinarDavo]

2 hours ago, NMP2017 said:

I've remember reading in another post somewhere in the foro that this happens every year...I seem to remember it happening last year and people in this foro asking about it

 

 

Yes, every year.....like a broken record!   

[3n1]

just weird how its worded or translated (suspending all types of credit activity) and singled that out this year probably just another way of saying loans , they always stop the stock market trading im sure its the same ol' business as usual though .......

[Fimum]

Okay, campers, rise and shine, and don't forget your booties 'cause it's cooooold out there today!

[horsesoldier]

1 hour ago, Fimum said:

Okay, campers, rise and shine, and don't forget your booties 'cause it's cooooold out there today!

Yep, cold enough to freeze the Huevos off a brass monkey 🐒 

[Sage449]

2 hours ago, horsesoldier said:

Yep, cold enough to freeze the Huevos off a brass monkey 🐒 

ROTFLMBO 🤣 🤣 🤣