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Central allocates one trillion dinars to lend to small enterprises
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The Central Bank of Iraq announced the establishment of controls to facilitate the lending of small and medium enterprises by adopting the legal guarantee.
" [url=https://www.thebaghdadpost.com/ar/Story/t/1486/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A]The central bank has[/url] allocated one trillion dinars to lend to small projects," said Mohamed Mohamed , director general of financial operations at [url=https://www.thebaghdadpost.com/ar/Story/t/1486/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A]the Central Bank of Egypt[/url] .
He added: "Among the conditions adopted by the Central Bank in this regard that the borrower has a real project with guarantees include government employee or legal bail."
He noted that the benefits do not exceed 6% and repayment up to 7 years.
[You must be registered and logged in to see this link.]
The Central Bank of Iraq announced the establishment of controls to facilitate the lending of small and medium enterprises by adopting the legal guarantee.
" [url=https://www.thebaghdadpost.com/ar/Story/t/1486/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A]The central bank has[/url] allocated one trillion dinars to lend to small projects," said Mohamed Mohamed , director general of financial operations at [url=https://www.thebaghdadpost.com/ar/Story/t/1486/%D8%A7%D9%84%D8%A8%D9%86%D9%83 %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A]the Central Bank of Egypt[/url] .
He added: "Among the conditions adopted by the Central Bank in this regard that the borrower has a real project with guarantees include government employee or legal bail."
He noted that the benefits do not exceed 6% and repayment up to 7 years.
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