The Savings and Real Estate Investment Bank has confirmed its commitment to the initiative introduced by Prime Minister Abdul Hamid Deaibah regarding facilitating financial loans for youth.

It noted that the information shared online on the term and requirements for lending or the start to receive files of those wishing to benefit from the service is baseless. 

The ministerial committee overseeing this matter will commence work on Sunday to prepare the main features of lending (required conditions and documents), which the bank will announce once approved, the bank said in a statement Saturday.