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[You must be registered and logged in to see this link.] 42[ltr] 03/02/2017[/ltr]
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Rafidain Bank announced the development of new legal controls to lend to citizens who wish to buy apartments in the residential complex Basmajh south of the capital Baghdad. The media office of the bank said in a statement that "a meeting was held by the Rafidain and Rasheed Iraqi Trade Bank, as well as representatives of the National Investment Commission and the Central Bank of Iraq to discuss the conditions, procedures and instructions in this regard." He added that "the meeting came out with recommendations and controls legal, including the loan amount, which identified 80% of the residential unit value and to exceed 75 million after the payment of the first installment amounting to 10% of the value of the apartment and the duration of 15 years and an interest rate of 6% per annum." The cabinet had formed in 17 of this month, a committee headed by Minister of Construction and membership of a number of entities shall provide options for marketing Apartments new city Basmajh residential and administration services across posed as an investment project to ensure the safety of contracting procedures and ensure the rights of citizens with the use of international expertise in this area. " South Korea expressed its readiness to contribute to the implementation of the road link between Basmajh complex and center of the capital in order to "encourage housing in this giant project."
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this link.] 42[ltr] 03/02/2017[/ltr]
[You must be registered and logged in to see this image.]
Rafidain Bank announced the development of new legal controls to lend to citizens who wish to buy apartments in the residential complex Basmajh south of the capital Baghdad. The media office of the bank said in a statement that "a meeting was held by the Rafidain and Rasheed Iraqi Trade Bank, as well as representatives of the National Investment Commission and the Central Bank of Iraq to discuss the conditions, procedures and instructions in this regard." He added that "the meeting came out with recommendations and controls legal, including the loan amount, which identified 80% of the residential unit value and to exceed 75 million after the payment of the first installment amounting to 10% of the value of the apartment and the duration of 15 years and an interest rate of 6% per annum." The cabinet had formed in 17 of this month, a committee headed by Minister of Construction and membership of a number of entities shall provide options for marketing Apartments new city Basmajh residential and administration services across posed as an investment project to ensure the safety of contracting procedures and ensure the rights of citizens with the use of international expertise in this area. " South Korea expressed its readiness to contribute to the implementation of the road link between Basmajh complex and center of the capital in order to "encourage housing in this giant project."
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