Saturday, February 18, 2012

Financial stop lending staff for reasons described Baladaria


Financial stop lending staff for reasons described Baladaria

Ministry of Finance stopped lending staff for reasons described Baladaria, "in response to the request of the Rafidain and Rasheed."

A media source in the ministry, said the body of opinion in the Ministry of Finance made ​​the decision to stop the disbursement of advances, which include five million dinars, and the (100) salary on a temporary basis, "in response to the request of the Rafidain and Rasheed because of the growing popularity of these advances by employees who exceeded the plans prepared for this purpose. "

The source said that the decision does not include the suspension of transactions that have been obtaining the approval of the promotion and coverage of advances by the ministries and departments.

He added that he "will resume lending after taking some administrative procedures by the two banks mentioned, to ensure that delay in the process," noting that "the plans prepared by the two banks in this regard can not absorb this huge number of requests for credit that exceeded expectations despite the presence of ceiling adequate financial to cover these numbers. "

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