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A new discounted central initiative

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A new discounted central initiative Empty A new discounted central initiative

Post  Admin Thu Mar 04, 2021 10:44 am

A new discounted central initiative
Wednesday, 3 March 2021 9:30 AM


Baghdad / National News Center

The central bank announced today, Wednesday, a new reduction initiative.

The bank said in a statement received by the National News Center, that it “decided to reduce all interest imposed on loans granted within the initiative of the Central Bank of Iraq (1) trillion dinars, and as follows:

1- Reducing the interest of the Central Bank of Iraq for large projects to be (1%) instead of (2%)

2- Reducing interest for banks on housing loans to be (2%) instead of (4%)

3- Amending the Central Bank commission (for housing loans) to be (5 per thousand) instead of (7 per thousand)

4- All interests for banks and guarantor companies shall be (decreasing). ”



https://nnciraq.com/54911/

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