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Launching soft loans of 15 million dinars for the owners of these salaries
- Time: 03/24/2021 15:06:56
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{Economic: Al-Furat News} The Iraqi Private Banks Association announced that the Central Bank launched a loan of 15 million dinars for citizens whose salaries in banks do not exceed one million dinars per month, "noting that" the Central Bank of Iraq with this measure supports those with low and medium salaries.
The executive director of the Iraqi Private Banks Association, Ali Tariq, said in a statement received by the Al Furat News Agency that the Central Bank decided to allocate a loan of 15 million dinars, only to citizens whose salaries in banks do not exceed one million dinars with their salaries with allocations, "referring to “The Central Bank has allocated this loan to support various segments of society, particularly those with low and medium salaries, and through government and private banks.”
He added that “the loan includes all employees in the private and public sector, on the condition that they be citizens of their salaries, and it does not include workers in the parallel sector, explaining That the amount of loan installment repayment should not be more than half of the salary that the beneficiary receives.
He pointed out that "the loan of 15 million dinars is without interest, but with an administrative commission of 4%, to be deducted once."
Tariq emphasized that "the central bank supports the segments of society in a very large way through development loans to establish projects, which contributes to moving the wheel of the economy."
Ammar Al-Masoudi
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{Economic: Al-Furat News} The Iraqi Private Banks Association announced that the Central Bank launched a loan of 15 million dinars for citizens whose salaries in banks do not exceed one million dinars per month, "noting that" the Central Bank of Iraq with this measure supports those with low and medium salaries.
The executive director of the Iraqi Private Banks Association, Ali Tariq, said in a statement received by the Al Furat News Agency that the Central Bank decided to allocate a loan of 15 million dinars, only to citizens whose salaries in banks do not exceed one million dinars with their salaries with allocations, "referring to “The Central Bank has allocated this loan to support various segments of society, particularly those with low and medium salaries, and through government and private banks.”
He added that “the loan includes all employees in the private and public sector, on the condition that they be citizens of their salaries, and it does not include workers in the parallel sector, explaining That the amount of loan installment repayment should not be more than half of the salary that the beneficiary receives.
He pointed out that "the loan of 15 million dinars is without interest, but with an administrative commission of 4%, to be deducted once."
Tariq emphasized that "the central bank supports the segments of society in a very large way through development loans to establish projects, which contributes to moving the wheel of the economy."
Ammar Al-Masoudi
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