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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

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    Rasheed Bank grants loans of up to 20 million for the operation of small businesses

    Rocky
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    Rasheed Bank grants loans of up to 20 million for the operation of small businesses Empty Rasheed Bank grants loans of up to 20 million for the operation of small businesses

    Post by Rocky Sat 07 May 2016, 8:11 am

    Rasheed Bank grants loans of up to 20 million for the operation of small businesses

    07/05/2016
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    [rtl]BAGHDAD / Karim Jassim al-Tai / .. Rasheed Bank announced a grant loans of up to 20 million dinars for the purpose of operating small businesses. As noted lowering the interest rate for these loans from 10% to 8%.[/rtl]
    [rtl]The general director of the Rasheed Bank Ministry of Finance's Mohamed Abdel Wahab, in a statement singled out by the agency / KD / economic: that the bank began and through the branches of the (151) and scattered across the provinces of Iraq to grant loans to small entrepreneurs and the unemployed, ranging from 2 20 Million dinars . He explained that the objective of granting these loans is to run manpower in Iraq, including the unemployed for the purpose of finding a source of income to help them live well in providing for themselves and their families.[/rtl]
    [rtl]He said Abdul Wahab said the bank select controls and instructions to grant these loans, which determine the value of the loan depending on the type of work as well as the need to provide a guarantor guarantor for a loan of up to 10 million dinars and increased this amount of the guarantee for the property by the beneficiary.[/rtl]
    [rtl]He noted that the bank Abdul Wahab identified for the payment of the loan period of three years and an interest rate estimated at 8% instead of 10% .msheera that the bank is always trying to encourage the granting of loans to small and medium enterprises for the purpose of local product support and encourage the national industry.[/rtl]
    [rtl]Abdul Wahab confirmed that the bank allocated a trillion and a half trillion dinars within the credit plan for the current year 2016 for the purpose of supporting residential, industrial and agricultural sectors. / End / 22 / [/rtl]
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