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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

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    The Central Bank clarifies regarding the one trillion initiative to provide housing loans

    Rocky
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    The Central Bank clarifies regarding the one trillion initiative to provide housing loans Empty The Central Bank clarifies regarding the one trillion initiative to provide housing loans

    Post by Rocky Fri 29 Jul 2022, 5:12 am

    The Central Bank clarifies regarding the one trillion initiative to provide housing loans
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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."

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