Al-Rafidain launches a single window initiative to finance investment and housing projects

by **claud39** Wed May 05, 2021 9:23 am

Al-Rafidain launches a single window initiative to finance investment and housing projects

05/05/2021

Economy News _ Baghdad

Al-Rafidain Bank announced, on Wednesday, the launch of the Single Window initiative to finance investment projects in the country, with open financial ceilings, to enhance the investment sector.

"The initiative is based on facilitating and simplifying procedures for companies and investors, and completing the transaction as soon as possible, away from routine, for the purpose of attracting investors who wish to obtain financing and grant loans to them for the purpose of completing their projects," the bank’s media office said in a statement.

"The establishment of a unified room in the general administration of the bank from the concerned departments entrusted with the task of implementing investment facilities to complete transactions as quickly as possible," the statement stressed.

He pointed out that "the bank supports many investment projects, including housing projects in most provinces of the country, as a contribution to revitalizing the sector and alleviating the housing crisis."

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