Public banks continue to offer various loans to state employees who join the reserve service

Public banks will allow the employees of the State who have joined the reserve service to obtain grants and loans of different amounts.

The Commercial Bank of Syria grants the military reservists who are working in the state a personal loan of 2 million Syrian pounds maximum for a period of 5 years with a guarantee of two sponsors at an interest rate of 12.5 percent annually.

For its part, the Real Estate Bank allows its state employee customers who have joined the reserve service to obtain housing loans in the case of purchase and construction at an average of 5 million Syrian pounds for a period ranging from one year to 15 years at an interest ranging between 10.5 to 11.5 percent depending on the period.

Inas Abdulkareem