[ltr]
"Our economy," published the terms and mechanisms of lending to the Housing Fund of the Central Bank
March 9, 2016
[size=13][size=14][You must be registered and logged in to see this link.][/size]
[/ltr][/size]
[ltr]
[You must be registered and logged in to see this link.]
Our economy / Baghdad
Prime Minister Haider al-Abadi approved the mechanisms of lending for housing fund loans, the central bank's five trillion Iraqi dinars.
A statement by the Prime Minister's Office and agency of our economy News received a copy of it, he "According to the mechanism of the distribution will be loans to the provincial distribution of the adoption of the standard population ratio of 80% and a standard degree of poverty of 20% for each province," noting that "the amount of each loan will be for no longer than about 50 million dinars pays the beneficiary in two installments, the interest rate of 2% after one year grace one of the date of receipt of each batch. "
He explained that "these loans are granted for the purposes of construction and the addition of construction and grants as well as for those wishing to purchase residential units in investment complexes, as he gives to rebuild housing units destroyed due to terrorist operations," pointing out that "for lending to be 10 years are restored monthly installments equal within the prescribed period." .
Information Office of the Prime Minister and explained the general conditions lending Housing Fund:
First: the distribution of housing loans to the provinces in accordance with the credit plan is by the Housing Fund and by 80% as a standard population ratios of 20% as the standard for the degree of poverty in the province are summarized in the attached table.
Second: Iraqi loan aged 22 years and over student eligibility and complete and that the age of the beneficiary does not exceed 65 years.
Third, the interest is imposed on the granting of loans is 2% per annum for the benefit of the central bank ratios.
Fourth: The Fund shall establish time limits for the completion of the transactions.
Fifth: The Housing Fund launched a website hotline phone service for the purpose of the follow-up phases of the completion of the treatment of the borrower loans and be a presentation via the website of the Fund without any financial payments are met.
Sixth: bears Director General of the Fund and directors of departments concerned and the director of the branch committees disclose full responsibility for the granting of the loan and check the conditions are met, each according to his responsibility.
Seventh: The update information of the borrower and the guarantor periodically Fund.
Eighth: Interest on loans is calculated by the central bank after a year grace one of the date of receipt of each batch of the central bank.
Ninth: The housing fund to submit periodic reports every three months on the work done by Governorate and the amounts to the Supreme Committee supervising the lending in the Prime Minister's Office.
Help lending:
First, the inclusion of all Iraqi citizens the loan in accordance with regulations issued by the Supreme Committee for lending in the Office of the Prime Minister.
Second, the loan is granted for the purpose of construction or add construction to those who owns a piece of residential land on the face of independence or rumored to him, and that no less earth communal area of 100 square meters and less construction area of about 65 square meters, does not grant to build on agricultural and industrial plots of land.
Third, the loan is granted for those wishing to buy residential units in residential complexes or investment under the Investment Law which are no less net area of about 65 square meters.
Fourth: The loan is granted for the reconstruction of housing units because of the devastating terrorist operations and in order of priority starting with the ceilings of demolished housing units completely.
Fifth: the beneficiary offers guarantor guarantor or more permanent civil servants on the permanent staffing or employees of the Interior Ministry, covers half of their pay nominal monthly installment impact owed by the amount of the borrower and to ratify the sponsorship of a notary Fund and the sponsor department undertakes to deduct the monthly installments from the salary of the sponsor when so requested by the Iraqi housing Fund officially.
Sixth: bears borrower wages of administrative services at 1% of the loan amount in favor of the housing fund is taken once when the first batch Exchange, and is distributed as incentives to the staff of the Fund in accordance with the instructions issued by the Board of Directors and approved by the Minister of Construction and Housing.
Lending ceilings:
Be the loan amount to no more than 50 million dinars for each case lending.
Pays the loan in two installments to the beneficiaries in accordance with instructions issued Fund Board.
Detection and guessing procedures:
Wages have met the detection and guesswork out of the beneficiary an amount of sixty thousand dinars for each detection, these wages are distributed as incentives to employees in accordance with the instructions issued by the Board of Directors and approved by the Minister of Construction and Housing.
Duration of the loan and the repayment mechanism:
Be the loan term is 10 years old ten years maximum and is restored in equal monthly installments of the loan within the prescribed period.
The Housing Fund application payment mechanisms and grants, according to the instructions of the window.
[You must be registered and logged in to see this link.]
[/ltr]
"Our economy," published the terms and mechanisms of lending to the Housing Fund of the Central Bank
March 9, 2016
[size=13][size=14][You must be registered and logged in to see this link.][/size]
[/ltr][/size]
[ltr]
[You must be registered and logged in to see this link.]
Our economy / Baghdad
Prime Minister Haider al-Abadi approved the mechanisms of lending for housing fund loans, the central bank's five trillion Iraqi dinars.
A statement by the Prime Minister's Office and agency of our economy News received a copy of it, he "According to the mechanism of the distribution will be loans to the provincial distribution of the adoption of the standard population ratio of 80% and a standard degree of poverty of 20% for each province," noting that "the amount of each loan will be for no longer than about 50 million dinars pays the beneficiary in two installments, the interest rate of 2% after one year grace one of the date of receipt of each batch. "
He explained that "these loans are granted for the purposes of construction and the addition of construction and grants as well as for those wishing to purchase residential units in investment complexes, as he gives to rebuild housing units destroyed due to terrorist operations," pointing out that "for lending to be 10 years are restored monthly installments equal within the prescribed period." .
Information Office of the Prime Minister and explained the general conditions lending Housing Fund:
First: the distribution of housing loans to the provinces in accordance with the credit plan is by the Housing Fund and by 80% as a standard population ratios of 20% as the standard for the degree of poverty in the province are summarized in the attached table.
Second: Iraqi loan aged 22 years and over student eligibility and complete and that the age of the beneficiary does not exceed 65 years.
Third, the interest is imposed on the granting of loans is 2% per annum for the benefit of the central bank ratios.
Fourth: The Fund shall establish time limits for the completion of the transactions.
Fifth: The Housing Fund launched a website hotline phone service for the purpose of the follow-up phases of the completion of the treatment of the borrower loans and be a presentation via the website of the Fund without any financial payments are met.
Sixth: bears Director General of the Fund and directors of departments concerned and the director of the branch committees disclose full responsibility for the granting of the loan and check the conditions are met, each according to his responsibility.
Seventh: The update information of the borrower and the guarantor periodically Fund.
Eighth: Interest on loans is calculated by the central bank after a year grace one of the date of receipt of each batch of the central bank.
Ninth: The housing fund to submit periodic reports every three months on the work done by Governorate and the amounts to the Supreme Committee supervising the lending in the Prime Minister's Office.
Help lending:
First, the inclusion of all Iraqi citizens the loan in accordance with regulations issued by the Supreme Committee for lending in the Office of the Prime Minister.
Second, the loan is granted for the purpose of construction or add construction to those who owns a piece of residential land on the face of independence or rumored to him, and that no less earth communal area of 100 square meters and less construction area of about 65 square meters, does not grant to build on agricultural and industrial plots of land.
Third, the loan is granted for those wishing to buy residential units in residential complexes or investment under the Investment Law which are no less net area of about 65 square meters.
Fourth: The loan is granted for the reconstruction of housing units because of the devastating terrorist operations and in order of priority starting with the ceilings of demolished housing units completely.
Fifth: the beneficiary offers guarantor guarantor or more permanent civil servants on the permanent staffing or employees of the Interior Ministry, covers half of their pay nominal monthly installment impact owed by the amount of the borrower and to ratify the sponsorship of a notary Fund and the sponsor department undertakes to deduct the monthly installments from the salary of the sponsor when so requested by the Iraqi housing Fund officially.
Sixth: bears borrower wages of administrative services at 1% of the loan amount in favor of the housing fund is taken once when the first batch Exchange, and is distributed as incentives to the staff of the Fund in accordance with the instructions issued by the Board of Directors and approved by the Minister of Construction and Housing.
Lending ceilings:
Be the loan amount to no more than 50 million dinars for each case lending.
Pays the loan in two installments to the beneficiaries in accordance with instructions issued Fund Board.
Detection and guessing procedures:
Wages have met the detection and guesswork out of the beneficiary an amount of sixty thousand dinars for each detection, these wages are distributed as incentives to employees in accordance with the instructions issued by the Board of Directors and approved by the Minister of Construction and Housing.
Duration of the loan and the repayment mechanism:
Be the loan term is 10 years old ten years maximum and is restored in equal monthly installments of the loan within the prescribed period.
The Housing Fund application payment mechanisms and grants, according to the instructions of the window.
[You must be registered and logged in to see this link.]
[/ltr]
Today at 7:14 am by wciappetta
» utube 6/4/24 MM&C IQD Update-Iraq Dinar-2024 Budget Passed-Gazzette-Timing-197 Companies Cease Dol
Today at 7:04 am by Rocky
» utube 6/3/24 MM&C IQD Update-Iraq Dinar-Accelerate- Digital-Financial-Banking Reforms-Best Budget
Today at 7:02 am by Rocky
» Al-Rafidain: About 1,502 loans were issued to those registered under the Riyada initiative since las
Today at 6:59 am by Rocky
» Al-Maliki: There is no intention to approve the general amnesty law
Today at 6:57 am by Rocky
» Al-Sudani: Understandings with France amounting to one billion euros to build industrial projects...
Today at 6:48 am by Rocky
» Al-Sudani: The available factories for construction materials cover only a quarter of the need
Today at 6:46 am by Rocky
» An economist indicates the absence of the private sector in the 2024 budget
Today at 6:44 am by Rocky
» Central Bank of Iraq sales exceeded $270 million at today’s auction
Today at 6:43 am by Rocky
» The Iraqi budget is moving toward “publishing and disbursing” without presidential approval
Today at 6:42 am by Rocky
» A government parliamentary agreement regarding residents of slums
Today at 6:41 am by Rocky
» Al-Rafidain: Implementing the comprehensive banking system in the White Palace branch
Today at 5:22 am by Rocky
» Sudanese sponsors the signing of a cooperation agreement between the Trade Bank and the German Expor
Today at 5:17 am by Rocky
» Financial inclusion in Iraq: a success story that defies the odds
Today at 5:14 am by Rocky
» Parliamentary Finance: All revenues are not enough to meet the country’s needs, and the budget prohi
Today at 5:13 am by Rocky
» Iraqi Business Council: The budget schedules are flexible and include sacred paragraphs
Today at 5:11 am by Rocky
» Democratic Party: The cessation of oil exports through Türkiye has caused Iraq huge losses
Today at 5:08 am by Rocky
» The government's lack of seriousness in removing the Americans leaves Iraq exposed to them
Today at 5:06 am by Rocky
» Al-Sudani sponsors the signing of an agreement between the TBI Bank and a German institution
Today at 5:05 am by Rocky
» Water scarcity and air pollution...the most prominent challenges facing Iraq
Today at 5:03 am by Rocky
» Parliamentary Finance: Contract employees are included in the budget
Today at 5:03 am by Rocky
» An investigation committee will be formed into the file of trainees of Korean companies / document
Today at 5:02 am by Rocky
» Parliamentary Finance: The region’s share in the budget is still unclear
Today at 5:00 am by Rocky
» A representative wonders about the fate of 57 trillion dinars in the budget
Today at 4:59 am by Rocky
» A new group of targets of restaurants and foreign agencies was arrested in Baghdad
Today at 4:58 am by Rocky
» Including transfers and attracting investors.. The Supreme Judiciary determines the advantages of re
Today at 4:56 am by Rocky
» International Finance Corporation.. An agreement to qualify youth in Iraq and Lebanon
Today at 4:55 am by Rocky
» Oil reveals new government directives related to 4 sectors
Today at 4:53 am by Rocky
» The Council of Ministers takes a series of economic decisions
Today at 4:52 am by Rocky
» Did the 2024 budget schedules do justice to the Kurdistan Region?
Today at 4:50 am by Rocky
» Parliament's finances determine the amount of disbursement during 2024
Today at 4:49 am by Rocky
» “You will lose confidence in them.” A deputy criticizes a “dangerous phenomenon” committed by member
Today at 4:48 am by Rocky
» Sudanese Advisor: Iraq's external debt has fallen to 9 billion dollars
Today at 4:47 am by Rocky
» Erbil markets 300 food trucks to the rest of the governorates daily
Today at 4:46 am by Rocky
» The Prime Minister inaugurates the second specialized workshop to support the private industrial con
Today at 4:45 am by Rocky
» The Prime Minister sponsors the signing of a cooperation agreement between the Iraqi Trade Bank and
Today at 4:43 am by Rocky
» Al-Sudani: Voting on the budget supports the government’s work
Today at 4:42 am by Rocky
» Al-Sudani: Iraq is the cornerstone of stability in the region and the world
Today at 4:40 am by Rocky
» The Commission is looking into developing electronic voting devices
Today at 4:39 am by Rocky
» Baghdad urges steps towards combating corruption
Today at 4:38 am by Rocky
» This year: launching the electronic housing card
Today at 4:37 am by Rocky
» The Cities Authority promises reasonable prices for residential units
Today at 4:36 am by Rocky
» Imminent disasters must unite us before it is too late
Today at 4:35 am by Rocky
» Iraq is taking steps to combat corruption
Today at 4:34 am by Rocky
» The remaining $9 billion of Iraq's external debt
Today at 4:33 am by Rocky
» Today.. the launch of the activities of the Petersburg International Economic Forum
Today at 4:31 am by Rocky
» The results of “OPEC Plus” are positive, and Iraq pledges to comply
Today at 4:30 am by Rocky
» The Minister of Commerce calls on citizens to receive food basket items from agents
Today at 4:29 am by Rocky
» What if other banks follow suit?
Today at 4:28 am by Rocky
» Experts: We are getting close to “zeroing” gas burning
Today at 4:27 am by Rocky
» Recovery of an Iraqi official accused of intentional damage to public funds
Today at 4:25 am by Rocky
» The Iraqi Trade Bank issues the first batch of Kurdistan Region employees within the “My Account” pr
Today at 4:23 am by Rocky
» Iraqi Workers' Communist Party: The oil workers' class unit thwarts a new theft!
Today at 4:22 am by Rocky
» Al-Sudani: The 2024 budget schedules include positives that contribute to the path of economic refor
Today at 4:21 am by Rocky
» An opportunity for Iraqi doctors to leave hospitals and work inside airplanes
Today at 4:18 am by Rocky
» The fever of attacking “foreign institutions” spreads to Diwaniyah.. One person was injured in an at
Today at 4:16 am by Rocky
» During the current year.. Iraqis are on a date with the launch of the “electronic housing card”
Today at 4:15 am by Rocky
» The exchange rates of the dollar against the dinar in Iraq today
Today at 4:13 am by Rocky
» After approving the budget schedules... Parliamentary Finance resolves the controversy over the empl
Today at 4:12 am by Rocky
» A source reveals Saudi mediation between Iraq and Kuwait to end disputes
Today at 4:11 am by Rocky
» In preparation for the 2025 elections, the Commission forms a committee to develop electronic voting
Today at 4:10 am by Rocky
» Displaced people fall victim to politics... Immigration complains about the lack of cooperation betw
Today at 4:07 am by Rocky
» Today, the Ministry of Commerce is preparing a new meal from the food basket
Today at 4:06 am by Rocky
» Integrity Investigation Court: Iraq combats money laundering and its procedures control the position
Today at 4:05 am by Rocky
» The Commission is preparing early for the 2025 elections...a specialized committee to modernize resu
Today at 4:03 am by Rocky
» How much is Iraq’s foreign debt worth? The Sudanese advisor answers
Today at 4:02 am by Rocky
» An Arab newspaper talks about the budget in numbers: This is the value of revenues and its deficit
Today at 4:01 am by Rocky
» Parliament sends the budget schedules to the Ministry of Justice... for this reason
Today at 4:00 am by Rocky
» utube 6/4/24 Summary / Status Iraqi Dinar ReValue IQD VND Exchange Rates
Yesterday at 8:24 am by Rocky
» The Central Bank explains the “fiscal control” mechanism contained in the budget
Yesterday at 6:42 am by Rocky
» The path to development...Iraq's economic gateway and its point of stability
Yesterday at 6:40 am by Rocky
» Announcing the establishment of the Iraqi-French Business Council on the sidelines of the Iraqi-Fren
Yesterday at 6:36 am by Rocky
» The coordination framework reveals the latest developments in the election of a new Speaker of the H
Yesterday at 6:34 am by Rocky
» In a “quick” session... Parliament votes on the 2024 budget, and controversy accompanies three parag
Yesterday at 6:32 am by Rocky
» Minister of Construction regarding encroachment on service projects: How can a citizen destroy his p
Yesterday at 6:30 am by Rocky
» Thousands of workers are dissatisfied after being laid off from work due to investment in agricultur
Yesterday at 6:29 am by Rocky
» A different vision for the budget schedules presented by an economic coalition
Yesterday at 5:13 am by Rocky
» Where is the danger in budget tables? An economist breaks it down
Yesterday at 5:12 am by Rocky
» A parliamentary movement for justice for 20,000 employees in state institutions
Yesterday at 5:09 am by Rocky
» Between Al-Halbousi and the leaders... new disputes undermine progress in Baghdad
Yesterday at 5:08 am by Rocky
» An economist confirms the possibility of Iraq entering the field of investment in oil derivatives
Yesterday at 5:07 am by Rocky
» A parliamentary question about the fate of 57 trillion dinars in the 2023 budget
Yesterday at 5:06 am by Rocky
» High central bank sales in the currency auction
Yesterday at 5:04 am by Rocky
» Al-Halbousi's party is conditioning the change of Al-Mashhadani on political dialogues
Yesterday at 5:01 am by Rocky
» Involved in wasting more than 6 billion dinars.. Iraq recovers a health official from Belarus
Yesterday at 5:00 am by Rocky
» Finance Committee after voting on the budget tables: There is financial abundance for the governorat
Yesterday at 4:59 am by Rocky
» Detailing the “secrets” of the budget...the increase in the value of salaries for 5 ministries, and
Yesterday at 4:58 am by Rocky
» Bitcoin exceeds $70,000
Yesterday at 4:57 am by Rocky
» 3 gains behind extending the oil production reduction agreement until the end of 2025
Yesterday at 4:55 am by Rocky
» Parliament Finance clarifies... What is the fate of contract employees in the 2024 budget?
Yesterday at 4:54 am by Rocky
» The Retirement Authority announces the disbursement of end-of-service benefits to more than 6,000 pe
Yesterday at 4:53 am by Rocky
» Iraq exports more than 7 million barrels of crude oil and its derivatives to America in a month
Yesterday at 4:53 am by Rocky
» Approving 36 service projects and referring them for implementation in an Iraqi governorate
Yesterday at 4:52 am by Rocky
» Nearly 80 trillion dinars disappear from the 2022 and 2023 budget.. Deputy: “No one knows where it w
Yesterday at 4:51 am by Rocky
» Kuwait: Three countries, including Iraq, pledged to fully adhere to the OPEC+ agreement
Yesterday at 4:50 am by Rocky
» What is the truth about there being a parliamentary tendency to challenge the budget schedules?
Yesterday at 4:49 am by Rocky
» By land: An Iraqi aid convoy launches to relieve the people of Gaza
Yesterday at 4:48 am by Rocky
» Al-Sudani: Voting on the budget supports the government’s work
Yesterday at 4:46 am by Rocky
» Arbitrage
Yesterday at 4:44 am by Rocky