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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


Association of Private Banks: Banks granted loans worth 747.3 billion dinars for 8612 projects

rocky
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 Association of Private Banks: Banks granted loans worth 747.3 billion dinars for 8612 projects   Empty Association of Private Banks: Banks granted loans worth 747.3 billion dinars for 8612 projects

Post by rocky Mon 25 Oct 2021, 6:10 am

 Association of Private Banks: Banks granted loans worth 747.3 billion dinars for 8612 projects  

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The Iraqi Private Banks Association announced, on Monday, that the percentage of private banks' implementation of the Central Bank's initiative to support small and medium enterprises has reached about 75%. 
The Executive Director of the Association, Ali Tariq, said in a statement received by "Al-Iqtisad News", that "the Central Bank of Iraq launched a lending initiative worth one trillion dinars to support the economy and projects of all kinds, noting that 44 private banks are participating in the initiative."
He added that "banks loaned 8,612 projects worth 747.3 billion dinars and contributed to creating thousands of direct and indirect job opportunities, in addition to lending them to hundreds of citizens to buy housing units."
Tariq noted that "the Central Bank's one trillion initiative supported various industrial, agricultural, commercial, residential and other sectors, and led to contributing to improving the situation of the local industry and obtaining a market share in light of the sweeping of imported products."
And he indicated that "women have obtained a good percentage of loans in light of the general trend of the Central Bank, to empower Iraqi women and motivate them to integrate into the labor market and establish private businesses."
The Executive Director concluded by saying, "The monetary policy represented by the Central Bank has supported small and medium businesses, because they constitute about 90% of the total companies in most economies of the world and provide the largest percentage of job opportunities, and that the doors of banks are still open for those wishing to obtain loans to support their economic projects, which It starts from one million dinars to more than one billion, with very easy interest.”
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rocky
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 Association of Private Banks: Banks granted loans worth 747.3 billion dinars for 8612 projects   Empty THE ASSOCIATION OF BANKS ANNOUNCES THE DISBURSEMENT OF LOANS OF MORE THAN 700 BILLION

Post by rocky Mon 25 Oct 2021, 6:12 am

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Economie

[size=38]THE ASSOCIATION OF BANKS ANNOUNCES THE DISBURSEMENT OF LOANS OF MORE THAN 700 BILLION[/size]


Monday, October 25, 2021 1:49 PM
Baghdad / National News Center
Today, Monday, the Association of Private Banks announced the granting of loans worth 747.3 billion dinars to 8,612 projects.  
  
The Executive Director of the Association, Ali Tariq, said in a statement received by the "National News Center", that "the Central Bank of Iraq launched a lending initiative worth one trillion dinars to support the economy and projects of all kinds," noting that "44 private banks participated in the initiative."  
  
He added that "banks loaned 8,612 projects worth 747.3 billion dinars and contributed to creating thousands of direct and indirect job opportunities, in addition to lending them to hundreds of citizens to buy housing units."  
  
He continued, "The Central Bank's one trillion initiative supported various industrial, agricultural, commercial, residential and other sectors, and led to contributing to improving the situation of the local industry and obtaining a market share in light of the sweeping of imported products."  
  
He explained that "women have obtained a good percentage of loans in light of the general trend of the Central Bank, to empower Iraqi women and motivate them to integrate into the labor market and establish private businesses."  
  
And he indicated that "the monetary policy represented by the Central Bank has supported small and medium businesses, because they constitute about 90% of the total companies in most economies of the world and provide the largest percentage of job opportunities, and that the doors of banks are still open for those wishing to obtain loans to support their economic projects, which start from one million dinars." to more than a billion and with very easy interest.”

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