General Secretariat of the Central Bank of Iraq looking initiative on the loan (6) trillion dinars for small, medium, and large
10/13/2015



General Secretariat of the Central Bank of Iraq looking initiative on the loan (6) trillion dinars for small, medium, and large

Total quality management and institutional development Systems Division in the General Secretariat of the Council of Ministers meeting to discuss the Iraqi Central Bank's initiative on (financing private) loan project (6) trillion dinars small, medium and large enterprises. ​

And the Quality Management Department said that the project aims to revive the economic cycle of the country through a loan by (one trillion dinars) for small and medium projects prompt, and the loan amount (five trillion dinars) for large projects prompt.

He added that the management of these loans process between banks and borrowers are made ​​through a project to simplify the procedures launched by the Iraqi government through an integrated electronic system contains special forms It controls the data traffic and become closer authenticity. He explained that each of the Industrial Bank, and Agricultural, and Iraq has its own form, and the loan department for small, medium, and large will proceed in accordance with the conditions and criteria set by the Central Bank of Iraq.
He quality department in the Secretariat that will be responsible for the training of private banks staff, and government borrowers data entry and verification of information electronically system.
and attended expert consultative meeting to total quality management and institutional development with automation team and the simplification of procedures with the Iraqi Central Bank representatives, the Association of private banks, and committees sectoral, and representatives of the civil and government banks.

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