Industrial Bank puts new controls for the granting of loans amounting to 15 million dinars

Industrial Bank puts new controls for the granting of loans amounting to 15 million dinars

17/05/2014 11:32

Industrial Bank puts new controls for the granting of loans amounting to 15 million dinarsBaghdad – and babysit – A source at the Industrial Bank of the Ministry of Finance on Saturday, all the terms and conditions set for the granting of loans for citizens amounting to 15 million dinars; projects are aimed at supporting small income-generating.
The source said in a statement received news agency public opinion (and babysit) a copy of it, he was “counting on a new mechanism for the granting of loans worth 15 million dinars, which is granted for small income-generating,” noting, that it is “among the conditions that have been developed is to give Loan guarantee the guarantor or Kvelan and paid during the period of 3 years and six semi-annual installments to be. ”

He pointed out that “the bank’s continuous support of the mixed sector companies founded by the fact that the bank shares and has a post in the company, ranging from 27% in 1570 in most of the mixed sector companies.”

And announced the Industrial Bank of the Ministry of Finance, last Tuesday, that the loans, which was announced recently launched include industrial and commercial loans to holders of the identity of the Federation of Industries or the Chamber of Commerce, noting that the loan interest rate is 16 percent. G / H

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