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Central Bank raises the ceiling of micro-enterprise loans to one billion dinars
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The [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]Central Bank of[/url] Iraq, raising the ceiling of loans for small and medium enterprises to one billion dinars.
"These loans will cover all sectors except the housing sector, giving more space to the industrial and agricultural sectors," the bank said in a statement.
The statement said: "This initiative was to strengthen the successes achieved by the initiative one trillion dinars, and in an effort to the bank to absorb more investment projects."
The central bank said: "The loan term of up to 5 years can be extended to 7 years."
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The [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]Central Bank of[/url] Iraq, raising the ceiling of loans for small and medium enterprises to one billion dinars.
"These loans will cover all sectors except the housing sector, giving more space to the industrial and agricultural sectors," the bank said in a statement.
The statement said: "This initiative was to strengthen the successes achieved by the initiative one trillion dinars, and in an effort to the bank to absorb more investment projects."
The central bank said: "The loan term of up to 5 years can be extended to 7 years."
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