Iraq announces the granting of loans to hoteliers



Views 88 Date 02/05/2017 - 23:02

Economy News / Baghdad ...



Rafidain Bank announced the granting of an operating loan to the owners of tourist hotels for up to (50) million, and the period of grace for 3 months.

Press office of the bank said in a statement received "Economy News" that the bank and out moving the wheel of National Economy announced its agreement to grant an operating loan for hoteliers to up to 50 million dinars and quarterly installments and to ensuring the development of the mortgage, referring to the project itself.

The statement said that the bank put a specific requirement is that the beneficiary has banking facilities or tourist loan guarantee the mortgage property.



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