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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    The Land Bank takes new decisions authorizing the replacement of a seized property.. Document

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 278234
    Join date : 2012-12-21
    • Post n°1

    The Land Bank takes new decisions authorizing the replacement of a seized property.. Document Empty The Land Bank takes new decisions authorizing the replacement of a seized property.. Document

    Post by Rocky Mon 09 Oct 2023, 7:19 am


    The Land Bank takes new decisions authorizing the replacement of a seized property.. Document



    [You must be registered and logged in to see this image.]

    2023-10-09 02:17
    Share
    Font

    Shafaq News/ The Government Real Estate Bank decided to make “new” changes that allow replacing a property reserved for the bank with another. 
    A document signed by the Director of the Bank Credit Department, Ali Saad Ali, and addressed to the bank’s branches, obtained by Shafaq News Agency, stated that the bank’s board of directors decided to approve the debt recycling process in accordance with the terms of the loan granted pursuant to it and to collect an administrative commission of 5% of the remaining amount of the loan. A contract is organized in the name of the new borrower, and the inquiry is completed for the borrower and the new guarantor.
    The Council also agreed, according to the document, to replace a property seized for the benefit of the Land Bank and transfer the seizure to another property, provided that an inspection is conducted on the property presented as a new guarantee instead of the seized property, provided that the value is equal to or higher than the value of the entire loan and an administrative commission of 1% of the value is collected. Loan.
    The document indicated that all requests are submitted to the General Administration, the Office of the Director General, and according to the authority that the Council has transferred to it by granting the necessary approvals to ensure the smooth flow of work.
    On the third of this month, the Parliamentary Finance Committee said that the Real Estate Bank will resume granting housing loans to those wishing to obtain them, amounting to 100 million dinars for the purpose of purchasing or building a home.
    The Central Bank of Iraq has allocated 6 trillion since 2015 to launch two housing loan initiatives. The first is a five trillion initiative that went to sectoral banks, which are industrial, agricultural, real estate, and the Housing Fund, and a one trillion initiative that went to private banks.
    At the end of the year 2021, the Central Bank of Iraq decided to increase the housing initiative’s allocations to the Real Estate Bank and the Housing Fund by an amount of (2.6) trillion Iraqi dinars.

    [You must be registered and logged in to see this image.][You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Sat 28 Sep 2024, 8:29 am