The central bank decides to postpone the payment of the due installments on government banks

The central bank decides to postpone the payment of the due installments on government banks

7/27/2020 14:44

The central bank decides to postpone the payment of the due installments on government banks[Baghdad-Where]
The Central Bank decided to postpone the payment of the installments due to government banks.
The bank stated in a statement today, Monday, that “it was decided to postpone the payment of the installments due to government and private banks for the five trillion dinars and one trillion dinars initiatives for a period of three additional months starting from the date of the first of July to 30 September, and transferring them to the end of the loan period, and passing this delay to Borrowers in a manner that does not leave behind any interest or delay commissions. ”

The statement added that the decision came “given the persistence of the exceptional circumstances and the accompanying partial and full closures due to the Corona pandemic, and the total or partial stalemate that it left in most economic sectors, which cast its shadow on the owners of small, medium and large projects and the residential sector.”

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