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Housing Fund postpones receipt of loan transactions for one month
Housing Fund of the Ministry of Construction Housing announced on Wednesday to postpone the receipt of the new loan applications for one month, and returned the procedure Rotini to arrange the remaining funds according to priorities.
"The Housing Fund has decided to postpone the promotion of new housing loan transactions for about a month to complete the payment of amounts to the beneficiaries of previous payments," the fund's manager said in a statement received by Al-Iktissad News.
He added that "the postponement decision is routine and organizational for the purpose of developing a strategy for the few remaining amounts will be determined the number of transactions received for the end of the year in the light of those amounts."
He pointed out that "the Housing Fund has completed the delivery of all amounts for the housing initiative supported by the Central Bank and what is disbursed now are the original amounts of the Fund for all eligible."
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Housing Fund of the Ministry of Construction Housing announced on Wednesday to postpone the receipt of the new loan applications for one month, and returned the procedure Rotini to arrange the remaining funds according to priorities.
"The Housing Fund has decided to postpone the promotion of new housing loan transactions for about a month to complete the payment of amounts to the beneficiaries of previous payments," the fund's manager said in a statement received by Al-Iktissad News.
He added that "the postponement decision is routine and organizational for the purpose of developing a strategy for the few remaining amounts will be determined the number of transactions received for the end of the year in the light of those amounts."
He pointed out that "the Housing Fund has completed the delivery of all amounts for the housing initiative supported by the Central Bank and what is disbursed now are the original amounts of the Fund for all eligible."
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