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The Central Bank clarifies regarding the one trillion initiative to provide housing loans
[You must be registered and logged in to see this image.] 2022/07/29
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Follow / Al-Mawred News
Today, Friday, the Central Bank of Iraq confirmed the continuation of granting loans to citizens with subsidized interests, while confirming the allocation of 5 trillion dinars to the Real Estate Bank and the Housing Fund.
The deputy governor of the Central Bank, Ammar Khalaf, said, according to the official agency, that "the initiatives of the Central Bank that it launched to the banks are many and varied and include all sectors of industry, agriculture, housing, soft loans, and the purchase of ATMs with different deadlines and at different interest rates according to the sector."
He continued: "The same applies to the difference in the amount of loans, which starts from 5 million dinars to more than one billion dinars, according to the loans and the project being presented."
Khalaf added, "The Central Bank has set funds to the Real Estate Bank and the Housing Fund, up to 5 trillion dinars for each bank, granted to the real estate or the housing fund."
He pointed out that "loans are continuing through the "one trillion" initiative through private banks to provide housing loans with very subsidized interest and terms of up to 20 years."
[You must be registered and logged in to see this link.]
[You must be registered and logged in to see this image.] 2022/07/29
[You must be registered and logged in to see this image.] 886
Follow / Al-Mawred News
Today, Friday, the Central Bank of Iraq confirmed the continuation of granting loans to citizens with subsidized interests, while confirming the allocation of 5 trillion dinars to the Real Estate Bank and the Housing Fund.
The deputy governor of the Central Bank, Ammar Khalaf, said, according to the official agency, that "the initiatives of the Central Bank that it launched to the banks are many and varied and include all sectors of industry, agriculture, housing, soft loans, and the purchase of ATMs with different deadlines and at different interest rates according to the sector."
He continued: "The same applies to the difference in the amount of loans, which starts from 5 million dinars to more than one billion dinars, according to the loans and the project being presented."
Khalaf added, "The Central Bank has set funds to the Real Estate Bank and the Housing Fund, up to 5 trillion dinars for each bank, granted to the real estate or the housing fund."
He pointed out that "loans are continuing through the "one trillion" initiative through private banks to provide housing loans with very subsidized interest and terms of up to 20 years."
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