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[rtl]Parliamentary Finance: The Central Bank agrees to increase the capital of the Real Estate Bank to expand housing loans[/rtl]
Economy , 07/25/2024 10:58 Number of readings: 159
Economy , 07/25/2024 10:58 Number of readings: 159
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[rtl]Baghdad - Iraq today:[/rtl]
[rtl]The Finance Committee in the House of Representatives confirmed today, Tuesday, that the Central Bank approved increasing the capital of the Real Estate Bank to 500 billion dinars to expand citizens' coverage of housing loans.[/rtl]
[rtl]A statement from the Media Department of the House of Representatives, received by Mawazine News, stated that “the Finance Committee hosted the director of the Real Estate Bank to discuss the real estate initiative and review the latest developments in completing citizens' loan requests and financing residential complex projects.” [/rtl]
[rtl]The Chairman of the Finance Committee, Atwan Al-Atwani, stressed that “supporting and empowering banks is the best way to achieve sustainable development.”
He added, "The initiative to increase the real estate bank's capital to 500 billion dinars, which was approved by the Central Bank, aims to expand citizens' coverage of housing loans and support investment in building residential complexes."[/rtl]
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