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


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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


    The Central Bank sets withdrawals from electronic cards outside Iraq at $ 250 per day

    Rocky
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    • Post n°1

    The Central Bank sets withdrawals from electronic cards outside Iraq at $ 250 per day Empty The Central Bank sets withdrawals from electronic cards outside Iraq at $ 250 per day

    Post by Rocky Tue 04 Apr 2023, 2:17 pm

    The Central Bank sets withdrawals from electronic cards outside Iraq at $ 250 per day
    [You must be registered and logged in to see this link.] | Today, 21:20


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    Baghdad Today - Baghdad
    The Central Bank of Iraq disclosed on Tuesday measures to prevent currency smuggling, while determining the ceiling of the amounts allowed to withdraw from electronic cards outside Iraq, and pointed out that the outlets for providing loans for the purchase of housing units are divided into two parts.
    The Central Bank said in a statement to the official agency followed by (Baghdad Today) that "there is cooperation by the Central Bank with the competent security authorities to prevent such practices," pointing out that "there is a directive to banks on determining the withdrawal of electronic cards outside Iraq by $ 250 per day to prevent illegal gain and withdrawal of dollars in a way that affects the Iraqi economy."
    Regarding the increase in the volume of loans, the bank confirmed that "the initiative of housing loans provided to the Housing Fund for the purpose of construction and the Real Estate Bank for the purpose of purchase is still ongoing."
    He added, "There is no direction by the bank to stop this initiative, and it is continuing its initiative to [You must be registered and logged in to see this link.] the liquidity of the housing sector (the Housing Fund and the Real Estate Bank) to lend to citizens and employees wishing to buy housing units throughout Iraq."
    He pointed out that "the outlets for providing loans are divided into two types, the first of which is the Housing Fund loans, which are in the amount of (75) million dinars to build housing units with an area of not less than (100) square meters or add a building in Baghdad and provincial centers, and loans of (60) million dinars in the districts of the capital Baghdad and (50) million dinars outside the centers of the rest of the provinces, and loans of (75) million dinars to buy housing units in investment residential complexes, and the loan will be interest-free only A one-time administrative commission of (5%) of the loan value with a repayment period not exceeding (20) years, to facilitate the value of the monthly installment.
    He added, "The other section is the Real Estate Bank's loans in the amount of (100) million dinars to purchase housing units outside the investment residential complexes with an area of not less than (100) square meters, and these loans will be at a decreasing annual interest rate of (2%) of the loan value and a repayment period not exceeding (20) years, and loans in the amount of (125) million dinars to buy housing units in investment residential complexes, and these loans will be interest-free, provided that a one-time administrative commission of (5%) of the loan value is deducted and with a repayment period. not to exceed (20) years."
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