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75 million dinars loan Rafidain housing for citizens and employees
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75 million dinars loan Rafidain housing for citizens and employees
http://economy-news.net/content.php?id=14659
75 million dinars loan Rafidain housing for citizens and employees
12/08/2018
75 million dinars loan Rafidain housing for citizens and employees
12/08/2018
Economy News Baghdad
Rafidain Bank announced on Saturday a loan of 75 million dinars for citizens and employees to buy residential units in investment projects.
The Bank's Information Office said in a statement received by Al-Iktissad News that "as part of the Bank's policy aimed at supporting employees and citizens and to contribute to alleviate the housing crisis and encourage the marketing of housing units in investment projects, it was decided to grant a loan of 75 million dinars, In the newly implemented investment projects in all governorates of Iraq according to geographical area.
The statement added that "this requires that the completion rate of the unit qualifies it to provide its mortgage to guarantee the loan and the name of the borrower exclusively," noting that "a citizen wishing to buy a residential unit of residential complexes that have been completed and rehabilitated by several companies in Baghdad and the provinces, The bank with the housing apartment until a loan of 75 million dinars. "
claud39- Elite Member
- Posts : 18423
Join date : 2018-11-04
Re: 75 million dinars loan Rafidain housing for citizens and employees
I don’t remember it happening, even though I was doing business in Baghdad back then. Did this loan influence the market a lot?
Kuwait is one of the best countries for doing business I’ve been to, honestly. The government does a lot for the local people and the businessmen. They really take good advantage of the oil they have there. Thanks to Mortgage Advice Bristol, I raised some good money there and then invested them in a company in the UK. I took a lot of risks back then, investing in a small oil company in Kuwait, but it did pay off in full.
Kuwait is one of the best countries for doing business I’ve been to, honestly. The government does a lot for the local people and the businessmen. They really take good advantage of the oil they have there. Thanks to Mortgage Advice Bristol, I raised some good money there and then invested them in a company in the UK. I took a lot of risks back then, investing in a small oil company in Kuwait, but it did pay off in full.
najamsoc- New Member
- Posts : 1
Join date : 2022-11-22
Re: 75 million dinars loan Rafidain housing for citizens and employees
Im not great at math, but 75,000,000 divided by 1459(ish) is 51,000 US dollars.
Im not great at banking either but that is not going to build much housing
Am I making a mistake somewhere??
Im not great at banking either but that is not going to build much housing
Am I making a mistake somewhere??
Mission1st- VIP Member
- Posts : 536
Join date : 2016-07-22
Age : 65
Location : Texas
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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