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[size=52]The Central Bank of Iraq announces the provision of an additional 3 trillion dinars for residential borrowing[/size]
[size=45]The Central Bank of Iraq issued an important statement regarding housing loans for citizens.[/size]
[size=45]A statement by the Central Bank stated, “Based on the strategic vision and main objectives of the Central Bank of Iraq in working to promote sustainable development, prosperity and achieving well-being for citizens, the most prominent of which is the provision of adequate housing, and in a way that contributes to the growth of urban expansion and urban development, the Board of Directors of the Central Bank of Iraq decided a number Among the decisions that would provide additional amounts amounting to about (3) trillion dinars, which in turn will be reflected in the response to housing borrowing requests by citizens through (the Real Estate Bank and the Iraqi Housing Fund) in a facilitated manner, in support of the government’s directives in this regard.[/size]
[size=45]The statement indicated that “the Central Bank of Iraq directed the management of both the Real Estate Bank and the Iraqi Housing Fund to develop a well-thought-out plan for housing lending, through which it would receive requests from citizens wishing to borrow, in light of the government’s directives, and in accordance with the contexts and regulations in force in each of them, taking into account Priorities in this regard, in a way that achieves the principle of justice among citizens, especially transactions completed or under completion.”[/size]
[size=45]The statement continued, “At the same time, the Board of Directors of the Central Bank of Iraq called on the government and the House of Representatives to provide support to the Real Estate Bank and the Iraqi Housing Fund, by allocating an annual amount within the federal general budget to enhance the capital of each of them, thus providing them with the opportunity to implement their policy of granting housing loans to citizens.” .[/size]
[size=45][You must be registered and logged in to see this link.]
[size=52]The Central Bank of Iraq announces the provision of an additional 3 trillion dinars for residential borrowing[/size]
[size=45]The Central Bank of Iraq issued an important statement regarding housing loans for citizens.[/size]
[size=45]A statement by the Central Bank stated, “Based on the strategic vision and main objectives of the Central Bank of Iraq in working to promote sustainable development, prosperity and achieving well-being for citizens, the most prominent of which is the provision of adequate housing, and in a way that contributes to the growth of urban expansion and urban development, the Board of Directors of the Central Bank of Iraq decided a number Among the decisions that would provide additional amounts amounting to about (3) trillion dinars, which in turn will be reflected in the response to housing borrowing requests by citizens through (the Real Estate Bank and the Iraqi Housing Fund) in a facilitated manner, in support of the government’s directives in this regard.[/size]
[size=45]The statement indicated that “the Central Bank of Iraq directed the management of both the Real Estate Bank and the Iraqi Housing Fund to develop a well-thought-out plan for housing lending, through which it would receive requests from citizens wishing to borrow, in light of the government’s directives, and in accordance with the contexts and regulations in force in each of them, taking into account Priorities in this regard, in a way that achieves the principle of justice among citizens, especially transactions completed or under completion.”[/size]
[size=45]The statement continued, “At the same time, the Board of Directors of the Central Bank of Iraq called on the government and the House of Representatives to provide support to the Real Estate Bank and the Iraqi Housing Fund, by allocating an annual amount within the federal general budget to enhance the capital of each of them, thus providing them with the opportunity to implement their policy of granting housing loans to citizens.” .[/size]
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