The Central Bank decides to increase the allocation to the housing sector
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The Central Bank decides to increase the allocation to the housing sector
by claud39 Thu Jun 10, 2021 11:36 am
The Central Bank decides to increase the allocation to the housing sector
10/06/2021
10/06/2021
Economy News _ Baghdad
Today, Thursday, the Central Bank of Iraq announced an increase in the allocation to the housing sector to more than (1.9) trillion dinars, indicating that this came to raise the ability to make the initiative funds available to the largest number of beneficiaries.
A statement by the bank, received by "Al-Iqtisad News", stated that "it was decided to increase the allocation to the housing sector to more than (1.9) trillion dinars, including (1) trillion dinars to the real estate bank and about (900) billion dinars to the Housing Fund, to raise their ability to make initiative funds available to the largest number of people. of the beneficiaries.
He continued, "This brings the total amounts allocated to the Real Estate Bank and the Housing Fund to more than (3.6) trillion dinars," noting that "the bank canceled the interests on previous loans, both with current loans and with a repayment period of (20) years, and only an administrative commission."
It is noteworthy that the Central Bank of Iraq, in coordination with the Higher Committee for Lending, had previously canceled the interest on loans granted by the Real Estate Bank and the Housing Fund within its initiative for the purpose of purchasing housing units inside and outside investment housing complexes and loans for building housing units and only simple administrative commissions.
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The Central Bank of Iraq decides to increase the allocation to the housing sector
by claud39 Thu Jun 10, 2021 11:38 am
The Central Bank of Iraq decides to increase the allocation to the housing sector
June 10, 2021
The Central Bank of Iraq announces an increase in the allocation to the housing sector to more than (1.9) trillion dinars, including (1) trillion dinars to the real estate bank and about (900) billion dinars to the Housing Fund, to raise their ability to make initiative funds available to the largest number of beneficiaries.
This brings the total amounts allocated to the Real Estate Bank and the Housing Fund to more than (3.6) trillion dinars.
The Central Bank also canceled the interest on previous loans, both with current loans and with a repayment period of (20) years, and only an administrative commission.
It is noteworthy that the Central Bank of Iraq, in coordination with the Higher Committee for Lending, had previously canceled the interest on loans granted by the Real Estate Bank and the Housing Fund within its initiative for the purpose of purchasing housing units inside and outside investment housing complexes and loans for building housing units and only simple administrative commissions.
Central Bank of Iraq
Media Office
June 10, 2021
Media Office
June 10, 2021
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- Posts : 18106
Join date : 2018-11-04 -
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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