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Central Bank calls for banks to cut interest rates on industrial loans
06/04/2016
06/04/2016
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[rtl]BAGHDAD / Karim Jassim al-Tai / .. president of the Iraqi Federation of Industries Ali Sabih Ali al-Saadi revealed the existence of measures to reduce the interest on the loans granted to the industrialists for the purpose of supporting domestic product ratios.[/rtl]
[rtl]Saadi said in a statement to Agence / KD /: The CBI students from the Industrial Bank and the Rafidain and Rasheed bank and the Association of private banks to reduce interest rates for loans granted to the private industrial sector. Indicating that the CBI excluded Almpadrtien (1 and 5) trillion dinars being supported originally within the industrial initiative.[/rtl]
[rtl]He said al-Saadi said the Iraqi Central Bank confirmed to continue granting those loans and the rules and regulations simplified, accessible and reasonable conditions serve the Iraqi economy and supports local product. / End / 22 / [/rtl]
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