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Launch chock agricultural loans
Sunday 08/11/2015 0:22
Baghdad news / Baghdad
announced ACB launch chock agricultural sector loans. " A source of the Media Center of the bank, it decided to launch chock agricultural sector loans that include agricultural offices and workshops repair loans and Allawi, vegetables and grains. The source explained that these loans will be interest-bearing (2 %) in addition to the commission and the period of recovery of standing (4) equal annual installments. "On the other hand announced ACB for the total disbursements in the framework of specialized funds loans for the month of September 2015". He said the media center at the bank in a statement: "Baghdad News" received a copy of it , that the total loans disbursed exceeded 22.3 billion dinars in the framework of specialized lending funds distributed to the 583 loan. "The source added that these loans included peasants and farmers fund by 793 million dinars, distributed over 44 lending transaction, the Fund livestock by 4.6 billion dinars, distributed over 180 treatment, and fund agricultural mechanization rate of 13 billion dinars, distributed over 299 treatment, and fund palm groves by 821 million dinars, distributed over 35 treatment, and fund major projects by 2.79 billion dinars distributed over 7 transactions, Rural Women's Fund by 264 million dinars were distributed among 18 treatment. "It is said that the ACB initiative to grant agricultural loans to farmers and farmers and agricultural companies contribution rates ranging from 80 to 100% of the cost of the project."
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