Latest topics
The Housing Fund starts by lending the housing complexes and installs the late fines
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
The Housing Fund starts by lending the housing complexes and installs the late fines
The Housing Fund starts by lending the housing complexes and installs the late fines
13/11/2019
"The bank has prepared an economic feasibility and a financial and legal plan aimed at raising the level of the lending process and simplifying its procedures," the fund's director general, Sabbar al-Saadi, told Al-Sabah newspaper. By lending investment residential complexes. ”
Al-Saadi added, “The Fund is in the process of agreeing on a specific formula for the process of paying interest in agreement with the investor, or is going to lend to individuals with citizens who have a residential investment unit.” All borrowers are late for repayment for one or two years. ”
He pointed out that "interest income earned to the Fund, amounted to 100 million dinars per day," noting that "the bank in turn converted to loans, which creates a financial cycle can contribute to the revitalization of the national economy and ensure the continuation of the lending process."
13/11/2019
Economy News _ Baghdad
The Housing Fund of the Ministry of Construction, Housing and Public Municipalities announced on Wednesday that it will start next year lending residential investment complexes, stressing that it decided to install the delay penalties against borrowers to 24 months for those who defaulted on payment of one or two years.
"The bank has prepared an economic feasibility and a financial and legal plan aimed at raising the level of the lending process and simplifying its procedures," the fund's director general, Sabbar al-Saadi, told Al-Sabah newspaper. By lending investment residential complexes. ”
Al-Saadi added, “The Fund is in the process of agreeing on a specific formula for the process of paying interest in agreement with the investor, or is going to lend to individuals with citizens who have a residential investment unit.” All borrowers are late for repayment for one or two years. ”
He pointed out that "interest income earned to the Fund, amounted to 100 million dinars per day," noting that "the bank in turn converted to loans, which creates a financial cycle can contribute to the revitalization of the national economy and ensure the continuation of the lending process."
http://economy-news.net/content.php?id=18201
claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
Sun Mar 10, 2024 5:58 am by RamblerNash
» CBD Vape Cartridges
Thu Mar 07, 2024 2:10 pm by Arendac
» Classic Tony is back
Tue Mar 05, 2024 2:53 pm by Mission1st
» THE MUSINGS OF A MADMAN
Mon Mar 04, 2024 11:40 am by Arendac
» Minister of Transport: We do not have authority over any airport in Iraq
Mon Mar 04, 2024 11:40 am by Verina
» Did Okie Die?
Mon Mar 04, 2024 11:34 am by Arendac
» Hello all, I’m new
Wed Jan 31, 2024 8:46 pm by Jonny_5
» The Renfrows: Prophets for Profits, Happy Anniversary!
Wed Jan 31, 2024 6:46 pm by Mission1st
» What Happens when Cancer is treated with Cannabis? VIDEO
Wed Jan 31, 2024 8:58 am by MadisonParrish
» An Awesome talk between Tucker and Russell Brand
Wed Jan 31, 2024 12:16 am by kenlej
» Trafficking in children
Mon Jan 29, 2024 7:43 pm by kenlej
» The second American Revolution has begun, God Bless Texas
Mon Jan 29, 2024 6:13 pm by kenlej
» The Global Currency Reset Evolution Event Will Begin With Gold, Zimbabwe ZWR Old Bank Notes
Sun Jan 28, 2024 3:28 pm by Mission1st
» Tucker talking Canada
Wed Jan 24, 2024 6:50 pm by kenlej
» Almost to the end The goodguys are winning
Mon Jan 22, 2024 9:03 pm by kenlej
» Dinar Daily Facebook Page
Mon Jan 22, 2024 3:34 pm by Ponee
» The Fundamentals of Finance and Pimpy Live
Thu Jan 18, 2024 7:17 am by Dinarhater
» Why Won't the Iraqi Dinar Scam Die?
Wed Jan 17, 2024 5:19 pm by RamblerNash
» Frat President Charged With Stealing $267K to Buy Worthless Iraqi Dinars
Wed Jan 17, 2024 5:05 pm by RamblerNash
» Fact Check: NO Record 'Quantum Financial System' Exists Beyond Claims In Videos, Online Articles
Mon Jan 15, 2024 6:15 pm by RamblerNash