Al-Rasheed launches loans for purchasing renewable energy systems
Al-Rasheed launches loans for purchasing renewable energy systems
2026-09-20
Shafaq News – Baghdad
On Sunday, Al-Rasheed Bank announced the launch of loans for the purchase of renewable energy and solar energy systems, financed by the Central Bank of Iraq, with a maximum limit of 30 million dinars.
The bank stated in a statement received by Shafaq News Agency that the loans include citizens and employees, and are granted with a total interest rate of 3% annually, while the repayment period is up to 7 years, including a grace period of up to 6 months.
He added that the initiative comes within the framework of supporting the use of clean energy and reducing dependence on traditional energy sources.
shafaq.com
