Central is a specialized bank loans absorption of unemployment 9/27/2015
Central is a specialized bank loans absorption of unemployment
9/27/2015 0 Comments
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Governor of the Central Bank on the Keywords, said that the launch of loans industrial, agricultural and housing projects, the process of absorption of unemployment and foremost the foundation and support of the local product part, especially after the affected Iraq down world oil prices. Economists felt that the activation efficient specialized banks for loans, and rotate the local currency in the market through these loans launched by the central bank, constitute a step in the re-block basis spirit of the Iraqi economy.
Turn between the Iraqi Industrial Bank's director Kazem fistula (IMN), "The bank will finance the three levels of the projects, which are small, medium and large enterprises, loans after the launch of the project". He said, "The Bank has set the level of each of these projects set of controls, as well as the development of a new amendment to the instructions on safeguards and efficient financial ratios acceptance." And announced the Governor of the Central Bank of Iraq and the Agency on the Keywords, earlier, the launch of 5-trillion dinars loans for banks (industrial, agricultural, real estate).