04-11-2013 11:42 AM
Baghdad (news) .. Said banking expert Majid picture, that the issue of dispensing to ensure employee when granting financial loans to citizens, depend on the policy of the bank itself.
He said the picture (of the Agency news): The question of cancellation of bail depends on the policy of the bank to grant loans and can not be drawing the rules applicable to each bank, noting that there are general rules and put the central bank conducted on all banks.
He added: It can not be linked to the granting of loans firm bank guarantees, adding that the company secured loans no bail a small part of it.
And: the bail depends on the policy of the bank itself and on the size of the loan and the time period for repayment and the number of people benefiting from it, indicating that the main problem is not a guarantee or warranty, but you that the loan is sufficient to establish the project Can the project that sees the value of the loan?.
He stressed: that the security situation, political and economic, which passes by the country is not allowed to grant loans without guarantees or warranties of merchantability, pointing out that there are loans taken by a particular goal, agricultural, industrial or commercial or something else.
The House of Representatives included all the provinces when initiated law granting financial loans for the unemployed $ (20) million. / End /