The real estate bank begins launching housing loans with a repayment period of 20 years and in two types

Economy | 07:12 - 05/02/2021


Baghdad - Mawazine News
On Friday, the Real Estate Bank launched housing loans, with a repayment period of up to 20 years.
The bank’s media said in a statement that Mawazine News received a copy of it, that "the real estate bank will, as of next week, launch a loan from the Iraqi Central Bank, a loan to purchase housing units, of two types."
The statement added, "The loan to purchase housing units will be at the amount of 100 million dinars," noting that "the loan for the purchase of housing units within the investment housing complexes is at an amount of 125 million dinars, and the repayment period is 20 years."




https://www.mawazin.net/Details.aspx?jimare=140645

Al-Rafidain unveils a program that allows immediate loan delivery and sets the date for its launch

Saturday 06 February 2021 - 10:10


Baghdad - conscious

Today, Saturday, Rafidain Bank unveiled a new electronic program that enables immediate loan delivery, setting its launch date.

The bank’s director, Hussein Ali Muhaisen, told the Iraqi News Agency (INA): “The Rafidain Bank’s management decided to implement the accounts for granting advances to employees and retirees between the bank and the global smart card company,” noting that “over the course of four consecutive months of work, the bank could not apply The wallet, and the bank did not receive the smart card program.

Muheisen explained that "all programs are exclusively in the hands of the global company, which forced the bank to intensify efforts to make a program to launch advances, and a program that keeps pace with modernity has been established, and it has been installed in some branches of the bank and trained staff on it so that they are ready for work next week," pointing out that "this program It allows applying for advances and immediate receipt of the same day from the bank’s branches.


He pointed out that "there are no cases of extortion because the work is electronic, and there are teams to monitor, diagnose negative cases and treat them if any," indicating that "the bank has raised the savings interest to 4.5% and fixed deposits to 6%."



https://www.ina.iq/120893/%d8%a7%d9%84%d8%b1%d8%a7%d9%81%d8%af%d9%8a%d9%86-%d9%8a%d9%83%d8%b4%d9%81-%d8%b9%d9%86-%d8%a8%d8%b1%d9%86%d8%a7%d9%85%d8%ac-%d9%8a%d8%aa%d9%8a%d8%ad-%d8%aa%d8%b3%d9%84%d9%8a%d9%85-%d8%a7%d9%84%d9%82%d8%b1%d9%88%d8%b6-%d9%81%d9%88%d8%b1%d9%8a%d8%a7-%d9%88%d9%8a%d8%ad%d8%af%d8%af-%d9%85%d9%88%d8%b9%d8%af-%d8%a7%d9%86%d8%b7%d9%84%d8%a7%d9%82%d9%87