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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Financial launches loans for the purchase of residential buildings and cars for all citizens

    Rocky
    Rocky
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    Financial launches loans for the purchase of residential buildings and cars for all citizens Empty Financial launches loans for the purchase of residential buildings and cars for all citizens

    Post by Rocky Sat 20 Feb 2016, 11:52 am

    Financial launches loans for the purchase of residential buildings and cars for all citizens 

    02/20/2016
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    [rtl]BAGHDAD / Karim Jassim al-Tai / .. The Ministry of Finance announced the launch of loans across the Muslim Mesopotamia Bank for the purchase of residential buildings and modern cars.[/rtl]
    [rtl]The general director of Mesopotamia Bank Abdul Hussein Ali Mundhiri in a statement singled out by the agency / KD / economic that the bank received approval from the Minister of Finance to begin work for the implementation of the credit plan for the current year 2016 through the granting of loans to the general citizens who wish to buy residential buildings or cars, indicating that the bank allocated 130 billion dinars out of the share capital of 150 billion dinars, the bank to grant the purchase of cars and real estate loans and financing small and medium enterprises within the credit plan for the current year 2016.[/rtl]
    [rtl]He Mundhiri that the bank will grant these loans through four branches after they have been contracted with five companies specialized for cars and origins German and Korean and Japanese and an Iranian, indicating that the value of loans that will be granted for those wishing to buy cars of up to 30 million dinars and increased this amount will be borne by the beneficiary.[/rtl]
    [rtl]He noted that instructions to grant Murabaha auto loans included taking 15% of the value of the car and by Murabaha up 14% and the duration of the payment of four years and a guarantor one if the loan value of less than 15 million and exceeded this amount would be Bkivalin with the car booked to calculate the bank will raise the booking if the badge repay the full amount the beneficiary.[/rtl]
    [rtl]He Mundhiri that the bank also began granting Murabaha loans to purchase residential role for all citizens in Baghdad and the provinces, to Agueta that the bank identified the mortgage loan value of 100 million dinars, that is who wants to buy the house residential submit an application with a photocopy of the property bond underwriter and sponsor in order to do Commission conducted to detect and evaluate the house and ensure the safety of Almstmscan until the purchase of the house and detained in favor of the bank. He explained that the bank identified for the payment of the mortgage loan with 10 years and by 38% Murabaha, a sponsor, underwriter Stressing that the practice of this activity is the bank in order to contribute to solving the housing crisis in Iraq.[/rtl]
    [rtl]He pointed Mundhiri that the bank is seeking to expand its activities by offering industrial loans, and studies that include funding for housing projects, roads, bridges and cars, as well as the issuance of Islamic Sukuk and investment funds.[/rtl]
    [rtl]He stressed that Mundhiri Mesopotamia Islamic Bank is the first Islamic bank in the government of Iraq works within Islamic law. / End / 22 / [/rtl]
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