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Baghdad/JD/... The north bank reduced interest rate savings deposits to 5 percent, he does not hesitate in offering credit facilities for all commercial and industrial projects.
North Bank adviser said NAFI Elias AFP/JD/: reduced the interest rate on savings deposits to 5% from 7%, and in the event of a rate cut when there is a special issue, negotiations for each case individually.
Added: sometimes there is a special request for charity project or a humanitarian issue, and this is taken into account in the decisions of the Governing Council to reduce interest rates on loans.
He continued that the Bank did not hesitate to provide credit facilities to all our stakeholders, whether commercial or industrial enterprise or agricultural, the required guarantees for loan and trust restored the amounts by the due date.
Elias revealed that the Bank helped the army Canal lining, and create the Kurdistan oil refinery, and projects on behalf of the Abbasid and the shrine, adding the rehabilitation of large hotels in Baghdad, and building residential complexes in Diyala and Dhi Qar and the financing of pharmaceutical factory in Baghdad, and financing of housing complexes in Sulaimaniyah.
The North Bank was founded in 2004, starting with a capital of two billion dollars and 500 million dinars, but has in recent years increased frequent./finished/Haidar Ghalib/ [You must be registered and logged in to see this link.]
