Inclusion traders Industrial Bank loans
The time on Saturday, 16 February / February 2013 07:17 | |
Baghdad / Ahmed Yassin
Industrial Bank announced the inclusion of traders all bank loans for commercial projects income-generating repaid over a period of 3 years. The general director of the bank Mohammed Abdul Wahab said the Industrial Bank included all traders loans to finance commercial projects, similar to بالصناعيين to cover the largest possible number of beneficiaries of these loans.
Abdul Wahab said that the loans were granted at a rate (10-500) million be paid to about 3 years, subject to extension as desired by the borrower, with preference given by about 20% by ensuring machines and mechanisms working effectively.
He stressed that the interest rate specified by the Bank on loans of around 10% for each loan whatever the size of the amount and there is no intention to reduce the interest rate or canceled as the difference deposits subscribers and cash surplus which converts the Ministry of Finance allocated to the bank to finance the work because the bank operates a self-funded.
And Abdel Wahab that guarantees bank Isthsalha with borrowers include support drug Assorted residential and industrial, commercial and agricultural with the fact that the borrower belonged to the Iraqi Federation of Industries and industrial development and to make sure of not having a previous loan from government banks all.
He pointed to the lack of work sponsor system in the bank after his experience for a period of exposure to the problems and Tlkaat work from the virus. And said Abdul Wahab said Industrial Bank granted so far amounts to lending estimated at more than 900 billion dinars for all industrial facilities and commercial from all the provinces with a plan for the current year to cover lending all provinces after opening branches provinces of Anbar, Sulaymaniyah and Najaf and Karbala and Dhi Qar.
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The time on Saturday, 16 February / February 2013 07:17 | |
Baghdad / Ahmed Yassin
Industrial Bank announced the inclusion of traders all bank loans for commercial projects income-generating repaid over a period of 3 years. The general director of the bank Mohammed Abdul Wahab said the Industrial Bank included all traders loans to finance commercial projects, similar to بالصناعيين to cover the largest possible number of beneficiaries of these loans.
Abdul Wahab said that the loans were granted at a rate (10-500) million be paid to about 3 years, subject to extension as desired by the borrower, with preference given by about 20% by ensuring machines and mechanisms working effectively.
He stressed that the interest rate specified by the Bank on loans of around 10% for each loan whatever the size of the amount and there is no intention to reduce the interest rate or canceled as the difference deposits subscribers and cash surplus which converts the Ministry of Finance allocated to the bank to finance the work because the bank operates a self-funded.
And Abdel Wahab that guarantees bank Isthsalha with borrowers include support drug Assorted residential and industrial, commercial and agricultural with the fact that the borrower belonged to the Iraqi Federation of Industries and industrial development and to make sure of not having a previous loan from government banks all.
He pointed to the lack of work sponsor system in the bank after his experience for a period of exposure to the problems and Tlkaat work from the virus. And said Abdul Wahab said Industrial Bank granted so far amounts to lending estimated at more than 900 billion dinars for all industrial facilities and commercial from all the provinces with a plan for the current year to cover lending all provinces after opening branches provinces of Anbar, Sulaymaniyah and Najaf and Karbala and Dhi Qar.
[You must be registered and logged in to see this link.]