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The central bank is expected to contribute to project grants loans to the development of the national economy
Sunday, September 20 / September 2015 15:22
Central Bank of Iraq, said on Sunday, that the granting of small, medium and large enterprise loans will develop the national economy.
Said Governor of the Central Bank on the Keywords in an interview today, said that "the Bank directed to implement two projects to support the banking sector, through its funding five trillion dinars for the implementation of small, medium and large projects," noting that those "loans will activate certainly the industrial, agricultural and real estate sectors, and housing fund local market and revive the economy and development. "
Keywords and added, that "the central bank set up a committee in cooperation with the concerned parties, such as the Ministry of Finance and the Office of Financial Supervision, to monitor the disbursement of loans and projects to be implemented through them, and serious about her studies away from the pressure."
Meanwhile, a source at the Industrial Bank, said that "the amount is not yet up to the bank, despite the progress dozens of citizens, various industrial projects," noting that "the bank form an ad hoc committee to follow up on these projects, study and classified according to the primary in support of the national product and reduces import."
The source, who requested anonymity, in an interview, that "the delay as a result of the study of how to apply the mechanisms and selection of projects," pointing out that such "loans can activate the movement of the industrial sector."
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Sunday, September 20 / September 2015 15:22
Central Bank of Iraq, said on Sunday, that the granting of small, medium and large enterprise loans will develop the national economy.
Said Governor of the Central Bank on the Keywords in an interview today, said that "the Bank directed to implement two projects to support the banking sector, through its funding five trillion dinars for the implementation of small, medium and large projects," noting that those "loans will activate certainly the industrial, agricultural and real estate sectors, and housing fund local market and revive the economy and development. "
Keywords and added, that "the central bank set up a committee in cooperation with the concerned parties, such as the Ministry of Finance and the Office of Financial Supervision, to monitor the disbursement of loans and projects to be implemented through them, and serious about her studies away from the pressure."
Meanwhile, a source at the Industrial Bank, said that "the amount is not yet up to the bank, despite the progress dozens of citizens, various industrial projects," noting that "the bank form an ad hoc committee to follow up on these projects, study and classified according to the primary in support of the national product and reduces import."
The source, who requested anonymity, in an interview, that "the delay as a result of the study of how to apply the mechanisms and selection of projects," pointing out that such "loans can activate the movement of the industrial sector."
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