Rasheed Bank cancels the condition of the sponsor to advance retirees

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Rasheed Bank cancels the condition of the sponsor to advance retirees

Post  Admin on Thu May 24, 2018 8:08 am

Thursday, May 24 2018 - 10:07 AM

     Rasheed Bank

     Rasheed Bank decided to cancel the sponsor's condition for the pensioners' pension.

     The bank said in a statement on Thursday that the Board of Directors of the bank decided today to grant pensioners of the MasterCard card holders Nakheel an advance of between (2-3) million without a sponsor and in agreement with the National Insurance Company.

     The statement added that the bank will start issuing a MasterCard card Nakheel for retirees.

     In 2016, Al Rasheed Bank launched an advance payment to retirees of up to $ 3 million and an employee bail.


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