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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


    Central Bank: The housing industry is booming in Iraq

    Rocky
    Rocky
    Rocky
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    • Post n°1

    Central Bank: The housing industry is booming in Iraq Empty Central Bank: The housing industry is booming in Iraq

    Post by Rocky Thu 21 Apr 2022, 11:36 am

    [size=30]Central Bank: The housing industry is booming in Iraq
    [/size]
    2022.04.20 - 12:12
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    [size=18]Baghdad - people  [/size]

    [size=18]The Central Bank of Iraq confirmed, on Wednesday, the prosperity of the "housing industry in Iraq" while noting that there is an opportunity for every citizen to acquire a housing unit.  [/size]

     
      
    Ihsan al-Yasiri, Deputy Governor of the Central Bank, said in an interview with our colleague Karim Hammadi, followed by “Nass” (April 20, 2022): “In the last quarter of 2021, we focused on the fact that buying homes outside residential complexes does not create an additive environment as it is in residential complexes.” "Now the housing industry is very booming," he asserted.  

      
    He explained that "the Central Bank's initiative for the housing sector without interest is only an administrative commission taken once, and the rest of the sectors have a small interest rate that may reach 10% on the total amount."   

      
    He explained that "the conditions of the Central Bank are considered harsh because the customer does not know the borrower from the Industrial Bank or other banks, so the bank makes every effort to correct its choice of the customer," noting that "there has become an opportunity for every citizen to acquire a housing unit."  

      
    He added, "It was the Central Bank's initiative that shipped the great financial easing, which exceeded 15 trillion dinars."  

      
    He pointed out that "in early 2022, we launched, after consultations, an initiative of 1 trillion dinars to finance electricity financing units from renewable energy."  

     
     
      
    He also explained that "the state has contracted with international companies to provide electricity generating units in large areas."  

      
      
    While he also pointed out, "there is an initiative of the Central Bank, 1 trillion private banks spend in all areas."


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