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Land Bank: Plans to grant more than 10 thousand loan
8/2/2017 0:00
[rtl]Exemption liberated areas of interest
BAGHDAD / Ahmed Abd Rabbo
planning Land Bank to grant more than ten thousand loan during the current year, within thecentral bank initiative to help solve the housing crisis, stressing exempt liberated provinces of thebenefits of Alkarod.mder in the bank under the Ministry of Finance Khudair Abbas said special permit for "morning", said the bank received from the central bank within thelending initiative launched by the Bank to support banks 834 billion dinars , adding that the number of transactions has promoted over the past year was their loan disbursement averaged seven thousand treatment across the provinces.
The central bank launched earlier initiative to support sector banks: agricultural, industrial and real estate in addition to housing fund through loans, amounting to five trillion dinars, in a move designed to revive the country 's economic situation.
Abbas added that the amounts that were paid for these transactions amounted to 350 billion Dinars and a maximum per loan of 50 million dinars at an interest rate of three percent and the duration of the payment of up to ten years, pointing to the efforts of his bank to increase the stock of housing units in the country so as to contribute to the reduction of the housing crisis taking place in the country.
He stressed that the continued receipt of his bank - lending transactions for citizens in accordance with the instructions, calling wishing to obtain a loan, to visit bank branches spread across the provinces in order to see the instructions, warning at the same time to deal with any intermediaries.
In regard to the current year 's plan, the Land Bank director said that his bank is planning to grant more than ten thousand loan across the provinces with contributing to the construction of housing units giant within the national investment policy, stressing exempt provinces: Salahuddin, Anbar and Nineveh, of the benefits of the
loan .
Real Estate Bank is a government bank was founded in Baghdad in 1948, and has a number of branches in the provinces of the country, also has a role in the advancement of civilization and urbanization of the country and solving the housing crisis, as it is the most prominent government agencies responsible for supporting lending to citizens to build their own housing role of soft interest and achieve a stable policy in the revitalization of urban movement.[/rtl]
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