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Real Estate Bank unveils loan payment mechanisms for citizens
19/7/2016
Real Estate Bank revealed the mechanisms adopted for the disbursement of the mortgage loan to citizens of 50 million dinars, while threatened to refer the corrupt to justice.
He announced the Land Bank director Khudair Abbas in a press statement on Tuesday, all mechanisms Iatmadha the bank to pay the loan for citizens up to 50 million dinars, indicating that the interest on the loan amounting to 3% and the duration of up to 10 years without a sponsor and vacation building.
He said Abbas convert any employee shall receive bribes from citizens to conduct their transactions, to the courts and the abolition of the entire treatment of the loan, according to Manglh site "long-Presse."
He also pointed to the existence of three activities of the bank the first of the construction loan granted to a citizen who has a piece of residential land area of more than 100 meters, and the second type is a loan to the process of adding construction, the third activity is a loan for the purchase of housing units within the government's housing complexes.
The CBI had taken the initiative to support the specialized banks, including the Bank's real estate lending by the amount of money invested in bank lending to citizens to provide them with residential buildings and thus solving the housing crisis in the country.
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