Iraq is borrowing 100 million euros


{International: Al Furat News} The Iraqi-owned Commercial Bank of Iraq signed a loan agreement with Commerzbank to support small and medium-sized businesses in Iraq.

The bank said in a statement it aimed to support public and private sector projects worth up to 100 million euros ($ 115 million) in terms of volume of business.

The focus of the financing partnership will be on the export contracts granted to Commerzbank customers in Germany and other European countries

Article Credit: https://alforatnews.com
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