A government bank announces that the crowd's employees include loans and accept their guarantees
09:05 - 02/26/2020
[You must be registered and logged in to see this link.]
Al-Nahrain Islamic Bank announced, on Wednesday, that the [You must be registered and logged in to see this link.] employees include loans and accept their guarantees, while confirming its readiness to accept requests for financing the rebuilding of housing units in the liberated areas.
The bank’s director, affiliated to the Ministry of Finance, Muhammad Samir Abbas Al-Zubaidi, said in a statement reported by “Al-Sabah” newspaper, which was viewed by him / the information: “The bank has prepared among the priorities of its work, contributing to supporting the housing sector to alleviate the difficulties that were marred by the instructions, including extending the payment to the beneficiaries under this The title is from ten years to 15 and 20 years and maintaining the percentage of murabaha with amounts ranging between 50 and 150 million dinars.
Al-Zubaidi added, “The payment period for the real estate Murabaha is up to 15 years without salary settlement, and they include an amount of up to 100 million dinars.” Noting that the amount qualifies for a unit and installments less than any prevailing rent to be paid, and the customer is free to choose the unit, while sending The bank revealed a statement to evaluate the property in cooperation with the real estate registry, to know the true value, and to ensure that it is free from the signs of attachment, mortgage and confiscation, noting that the other procedures relate to the customer’s seriousness in the event of delaying the completion of the transaction.
Al-Zubaidi disclosed that “the bank has branches in Baghdad, Najaf al-Ashraf and Basra, and obtained the approval of the Central Bank to open another in the Middle and South Euphrates, which are in the provinces of Babylon, Karbala, and Maysan,” noting that “his plan for the current year includes opening branches in the western region and Nineveh governorate and there are approvals in this regard.” .
He added that, "Until the opening of these branches, the submission of requests for financing housing units in the capital's branches was addressed to encourage construction and rehabilitation of the areas affected by [You must be registered and logged in to see this link.] terrorists' tampering ," expressing "the bank's readiness to agree to any request submitted as an addition to building, purchasing and financing projects."
The director of Al-Nahrain Bank stated that his department “recently entered into a contract with the Ministry of Interior to settle the salaries of its employees, and it is hoped that their number will reach 50 thousand, in addition to concluding a contract with the ministries of health and electricity, according to the employee’s wish and according to the offers submitted,” revealing “acceptance of all sponsorship The affiliates of the security services in all their names, including the members of [You must be registered and logged in to see this link.] , in addition to their inclusion in loans, we recognized the heroic role of this segment, which made great sacrifices in its war against the oppressors of [You must be registered and logged in to see this link.] .
He stressed that "any service must have a credit cap, provide an allocation, and be from the available liquidity, which the bank suffers from due to the lack of deposits that are being expanded according to the instructions of investment deposits, in addition to working to increase the capital, as The Ministry of Finance was approached recently and the Central Bank to support this trend, ”noting that“ its capital amounts to 150 billion dinars, and it needs to increase it to 250 billion or more in order to expand its activity more than that. ” Ended / 25