Expert: how complex loans that do not serve the economic process

Expert: how complex loans that do not serve the economic process

Date: Monday 04/06/2012 10:39

Baghdad (news) .. Expert criticized the bank on behalf of the beautiful, the way the work of Iraqi banks in granting loans and advances for the citizens, noting that it complicated procedures that do not serve the economic process in the country. 
, said Jamil (of the Agency news) said on Monday: The method used in banks Iraqi government and private lending operations and advances for the citizens do not serve the economic process in the country being more than the interest rate and demand guarantees high no citizen can be achieved. He added, there must be facilities by Iraqi banks in dealing with citizens in order to serve the country, because the loans will be either industrial any to open small businesses or real estate for the construction, agricultural or residential units for the advancement of the agricultural sector.said: You must reduce the interest rate payable on loans and to facilitate the procedures of the operations of its launch. / Finished / 8. d. Q /

Source: ikhnews