Official clarification regarding electronic loans

Al-Rasheed Bank issued a clarification on Tuesday regarding the launch of electronic advances. A statement by the bank indicated that the circulating document concerning services, advances, and loans represents an internal administrative communication aimed exclusively at listing the types of services the bank has previously provided, and it is not considered an announcement for launching new services, advances, or loans. The bank emphasized that any new banking services or products are officially announced through approved channels, urging the public to rely solely on information issued by it and to exercise complete accuracy when circulating news and information.