Powerhouse: the civil Bank loans will absorb a large portion of unemployment


2016/11/11 14:06


{Baghdad: Euphrates news}


Durham economic information centre confirmed that "the civil Bank loans will provide financial liquidity in the country."

Mohammed said in a press release received {Euphrates news} copy of it, that "those loans will some economic problems afflicting the citizens being absorbs a large part of unemployment, a move Iraqi local productive sectors, as well as supporting the Iraqi currency market."

Private banks are preparing to launch citizens ' loans worth 50 million dollars next week, according to the Association of private banks which indicated that the benefits of such loans shall not exceed 5% of the loan value.

The Central Bank Governor had improved relations this week conducted a series of visits that included a number of private banks to stand on the major constraints and challenges faced by banks in order to reach one goal is financial and economic stability.


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