RACING: Private sector drive economic development and the government to launch its facilities

[yota691]

Iraq warns of weak people claiming to advance the sale of five million employees form

History of edits:: 2017/5/27 10:14 • 143 times readable

[Oan- Baghdad] 
warned Rafidain Bank of the presence of some weak people who claim form for the sale of five million dinars for an advance staff of ministries and government departments.

The Information Office of the bank called in a statement for Tguet and all of Iraq [where] a copy of it, "such as employees who find such cases reported to the General Administration of the Bank." 
He pointed out that "form is distributed free of charge and that the grant process begins the validity of an employee who purports to obtain the advance circle through the accounts manager to submit a book facility with the department staff salary system to receive a copy Lucite forms and pledges free to play its role to reproduce them and distribute among his constituency staff wishing to stroll advances to its employees ".

[Big_J]

[yota691]

Two Rivers announce the directorates of the Ministry of Education in Baghdad staff salaries exchange

 

Sunday 28 May 2017 09:36

 

 

 

Alsumaria News / Baghdad announced Rafidain Bank , Sunday, for the directorates of the Ministry of Education in Baghdad employees pay the salaries, noting that the exchange has been through one of the electronic payment tools.  The Information Office of the Bank said in a statement Alsumaria News that " the bank has received the payment of the special directorates of education staff salaries of raising the first and second Rusafa and Karkh first and third in Baghdad after the arrival of their instruments."  The bureau said that " the exchange has been through one of the electronic payment tools."     The teachers and the teachers' salaries have seen in the past months, it was delayed for several days as a result of converting the validity of some ministries and provincial councils including the Ministry of Education.

[Big_J]

GD YOTA AND DV.

[yota691]

Rasheed calculated higher interest to the owners of high balances

 

 

Economy News _ Baghdad:   Rasheed Bank, announced on Tuesday, for higher interest to the owners of high assets in its branches all calculated.   According to a statement of the bank "Economy News" received a copy of it, "The Bank's Board of Directors approved, today, on a study to increase the interest rate on balances of savings accounts amounting to 50 million Iraqi dinars and above."   "The interest of up to (5%) comes this step in order to increase deposits and invest the surplus and attract the largest number of customers, knowing that the bank earlier decided to cancel the requirement of witness identification and patch Alhgraveh to open a savings account."
Views 17   Date Added 05/30/2017 - 12:38   Last updated 05/30/2017 - 12:56   No. Content 7702

[bkeiller]

Another way to get richer folks to start using the banks. Most established behaviors of the wealthy are then diluted and sold to the working class or used as a carrot (e.g., land ownership, home ownership, using ebanking, investing, etc.) 5% interest will get more chunky cash out from the matresses or back garden stashes.

Edited May 30, 2017 by bkeiller
punctuation

[yota691]

Rafidain issue instructions to grant loans to citizens registered a project Basmajh

economy

 Since 31.05.2017 at 12:33 (Baghdad time)

Baghdad balances News

Rafidain Bank, announced Wednesday, issued instructions for the granting of loans to citizens registered in the residential project Basmajh whether employees or non-employees.

According to a statement of the bank received / scales News / copy of it, "Branches covered are (Mustansir - caliphs - Secretary - Security - Paradise - Zahra neighborhood - pratha - White Palace - Arab neighborhood - Amel neighborhood)."

Controls grants:

1. the branch in charge of managers to receive schedules registered the names of the residential project Basmajh of Information and Communication Technology Department after the payment of the amount of the first installment amounting to (10%) of the residential unit value and is then granted a loan (80%) of the housing unit value if the area ( 100 m 2) and (75%) if the area (120%) and (70%) that was an area (140 m 2) that no more than (75) million dinars (seventy five million dinars).

2. not to be borrowers residential loan from our bank or other banks or Rasheed Bank by making the intersection by the information and communications technology.

3. The term of the loan (15 years).

4. repay the loan amount with interest over (180) monthly installments on a straight line begins with the deduction from the month following the month of grants.

5. interest on the loan are met by (4%) per annum.

6. Investment Authority undertakes after the housing unit registered as the buyer not Tzlmiha only after the borrower (buyer) proved the housing unit for the benefit of the bank of first class and the completion of foreclosure proceedings and provide support Madaanh.

7. The Borrower shall bear administrative commissions by (1/2%) (half percent) of the total loan amount shall be collected from the date of signing the contract.

 

8. The insurance on the life of the borrower with one of the Iraqi insurance companies and licensed within the transaction within the bank and the borrower's account.

9. Grants are available in the light of the ceiling of the credit and cash.

Safeguards and procedures:

1. The borrower provides assurance bill while demand in addition to ensuring that sponsor a civil servant from the state departments installed on a permanent or retired owners, provided that covers the proportion (50%) of the total net salary monthly installment and interest owed by the borrower the amount.

2. Provide a contract to purchase a housing unit certified by the Investment Authority to be mortgaged in favor of the bank's first class as well as other archives for a student loan.

3. In the event that the employee pay (40%) of the value of the housing unit as a down payment in two installments is granted a loan without a guarantor and guarantee his salary.

4. Submission of the Department sponsor a commitment to the bank.

5. Upon completion of the treatment of the granting of housing unit, the branch loan adoption model instruments (bills) drawn on the bank for the purpose of organizing an instrument to the order of the National Investment Commission / Committee for executing a project under Basmajh and pledged to waive the loan from the borrower for the benefit of the Commission.

6. not the borrower may make any legal act on the mortgaged property without the approval of the bank throughout the term of the loan until the actual payment and the full amount of the loan and its benefits, otherwise considered Nakla Under the purchase site contract with the Authority forfeited payments and premiums paid and relive the housing unit of it.

7. stamp duty met by (0.002) (two thousand), and according to the law.

8. regulated by a special contract between the bank and the borrower (the rights of 43).

There are advantages for those who pay in advance the entire unit price, as a priority of receipt or payment of the introduction of more than (20%).

M/

1. The loan application form.

2. Agency pledged support.

3. The guarantor department.

4. The borrower pledged a circle if Mozv.anthy 29 / a 43

[yota691]

 

Iraq warns applicants employees to advance the 5 million 4 hours ago Last updated 09:55 AM         BAGHDAD / Press tomorrow:  announced the Rafidain Bank, on Wednesday, allocated an electronic form on its official website for the advance of the 5 million employees, warning them of a repeat sent.  The bank said in a brief statement, "Tomorrow 's Press" received a copy of it, " the bank allocated free private on its website to provide the five million advance by the staff electronic form." The bank warned employees by saying, "In the case of repeat sending the electronic form by the employee will rule out the request and be canceled Astmarth".  The Rafidain Bank had announced earlier, the launch of an advance 5 million for staff.  The bank warned last Saturday, some of the weak people who sell the advance form for employees, calling for reporting them

[yota691]

Two Rivers: applicants will be excluded from the advance staff at the non-payment of the same covenant

 

Wednesday 31 May 2017 09:21

 

 

 

 

Alsumaria News / Baghdad announced Rafidain Bank , Wednesday, he will be excluded from the applicants advance staff when you do not pay off in the same covenant from previous advances.  The Information Office of the Bank said in a statement Alsumaria News received a copy of the "state departments employees who have been granted a previous loan from the bank and did not rule out a request for payment will be submitted to an advance of 5 million dinars."  "The bank allocated free private on its website to provide the five million advance electronic form," adding that " the frequency of sending the electronic form by the employee and excluded his request is canceled Astmarth."     The Bank began during the year 2016, to grant advances to employees the amount of five million dinars, according to the mechanisms and specific controls.

[Officiallytook]

Exactly what I was just saying more branches doing exchanges like here in the USA, as well as the timing of musol, electronic payments, and the Internets launch...man let's go

[yota691]

Rafidain proceed with the granting of loans to citizens of 50 million for construction purposes

economy

 Since 06/04/2017 13:03 am (Baghdad time)

Baghdad balances News

Rafidain Bank, announced Sunday, for the granting of loans to starting his citizens up to 50 million dinars for construction purposes.

The Information Office of the Bank said in a statement received / scales News / copy of it, "the bank began to grant loans to citizens who owns a piece of residential land for less than an area of 50 m 2."

He added the office, that "other conditions are to be piece of land in his name on the face of independence or common name under modern version support provider with the support of the Real Estate Registration Department competent."

He explained that "support includes the health of the issuance of the bond to be mortgaged first class in favor of the bank," pointing out that "the term of the loan is 10 years, a 120-month period of grace 3 months and an interest rate of 9% per annum" .anthy 29 / A 43

[yota691]

Iraq announces granting of loans to citizens of up to 50 million for construction purposes

 

 

Economy News _ Baghdad:   Rafidain Bank announced on Sunday, giving loans to citizens up to (50) fifty million dinars for construction purposes for those who owns a piece of land for a residential area less than (50 m 2).    The Information Office of the Bank said in a statement, "Economy News", "received the bank controls for the granting of loans to citizens for construction purposes and is to be a piece of land in his name on the face of independence or the name of common under modern version support provider support from the Land Registry Department competent," noting that : "the support includes the health of the issuance of the bond to be mortgaged first class in favor of the bank."   The statement added, "The loan term is 10 years, ie (120) months and the period of grace (3) months and an interest rate of 9% per annum."
Views 25   Date Added 04/06/2017 - 12:40   Last updated 04/06/2017 - 13:40   No. Content 7780

[justchecking123]

14 minutes ago, yota691 said:

Iraq announces granting of loans to citizens of up to 50 million for construction purposes

 

 

Economy News _ Baghdad:   Rafidain Bank announced on Sunday, giving loans to citizens up to (50) fifty million dinars for construction purposes for those who owns a piece of land for a residential area less than (50 m 2).    The Information Office of the Bank said in a statement, "Economy News", "received the bank controls for the granting of loans to citizens for construction purposes and is to be a piece of land in his name on the face of independence or the name of common under modern version support system" rel="">support provider support system" rel="">support from the Land Registry Department competent," noting that : "the support system" rel="">support includes the health of the issuance of the bond to be mortgaged first class in favor of the bank."   The statement added, "The loan term is 10 years, ie (120) months and the period of grace (3) months and an interest rate of 9% per annum."
Views 25   Date Added 04/06/2017 - 12:40   Last updated 04/06/2017 - 13:40   No. Content 7780

Not sure Iraq's bank status lending per se, but if they haven't been doing this before it might be an important step, means security and financial status is ok.

[Big_J]

[yota691]

05-06-2017 10:59 AM

Rafidain determines the number of payments for the repayment of loans for construction purposes put forward by citizens

 

 

 

Select the Rafidain Bank , the amount of payments under which will be granted loans for construction purposes every citizen owns a piece of land for a residential area less than fifty square meters. 

He said the media office of the bank, said that ' the bank identified the first batch of 25 million dinars at the completion of Rabat . The second installment amounted to 15 million dinars , upon completion of roofing and the third reached 10 million dinars when turnkey'. 

He noted that 'is not permitted to transfer ownership of the property or conduct any legal actions only after the payment of all obligations to the Bank or for approval of that'.

[yota691]

Rafidain declare the value of the monthly installment for construction loans amounting to 50 million dinars

History of edits:: 2017/6/6 11:06 • 182 times readable

[Oan- Baghdad] 
Rafidain Bank confirmed that the granting of construction loans to citizens amounting to 50 million dinars are repaid in equal monthly installments and with a straight - diminishing benefits.

The Information Office of the Bank said in a statement to Tguet and all of Iraq [where] a copy of it, that " the monthly installment of the loan installment and the first set at 25 million dinars , with interest of about 320 thousand dinars." 
He added , "The second installment of the loan, which identified 15 million dinars have a monthly payment of value with interest 181 000 dinars." 
The statement pointed out that " the third installment identified 10 million dinars amounted to 121 thousand dinars."

[yota691]

Rafidain Bank: loan requirement of "50" million prevent the sale of real estate

 

 

Economy News Baghdad :  He said Bank of Iraq, Wednesday, not permissible to transfer the ownership of the property for the benefit of the citizen only after the payment of the obligations of financial - related loan 50th million dinars . The Bank of Iraq in a statement news received " Economy News " a copy of it, that " the conditions for the granting of loans to citizens , which amounting to   50 million dinars for the purposes of construction in the area of the land of fifty meters is that it is not permissible to transfer the ownership of the property or conduct any actions of legal only after the payment of all obligations towards the bank or obtain approval on it . " He added the statement that " the borrower to use the loan for the purpose for granted the sake and in the case of breach of this is the loan due performance " , referring to it " is an insurance on the life of the borrower with the company Insurance National in favor of the bank and prove that the contract of the loan and under the guidance the amount of administration of the General Bank 's ". He explained  that " regulates holding a special between the bank and the citizen under the contract of the loan are met fee stamp as controls legal ."   Views 307   Date Added 07/06/2017 - 12:03   Last updated 07/06/2017 - 13:42   No. Content 7838

[yota691]

Iraq declares compel the borrower to hold life insurance at the National Insurance Company

economy

 Since 07.06.2017 at 12:42 (Baghdad time)

Baghdad balances News

Rafidain Bank, announced Wednesday, for forcing him to hold the borrower's life insurance at the National Insurance Company.

The Information Office of the Bank said in a statement received / scales News / copy of it, "the conditions for granting loans to citizens, amounting to 50 million dinars for construction that is being secured for his life at the National Insurance Company for the benefit of the bank and prove it in the loan contract under the amount of guidance from the General Administration the bank, in addition to organizing a special contract between the bank and the citizen under the loan contract is stamp duty according to legal controls are met. "

The statement added, "It is not permitted to transfer ownership of the property or hold any legal actions only after the payment of all obligations towards the bank or obtain approval of it."

He pointed out that "the use of the borrower for the purpose of the loan granted for him and in the case of breach of such performance is due" .anthy 29/43 a loan

[yota691]

Iraq publishes the most important required documents for a loan of 50 million dinars   Thursday June 8, 2017 9:43         Alsumaria News / Baghdad published Rafidain Bank the most important required documents to obtain a loan of 50 million dinars for the purpose of building housing units.  As I required documents: -  1. personal request includes the desire of the citizen to obtain the loan.  2. The modern version of the drug under the image.  3. Map and holiday construction is excluded from the holiday to provide customer building , which has a piece of land and less customer rumored to share about (200 m 2).  4. Personal archives (identity of the Civil Status - Iraqi citizenship certificate - residence card) or a unified national card.   5. a written pledge not to the borrower and his wife for a loan from the Housing and other government hand.  6. Submission of a sponsor guarantor of state departments and staff on the permanent and continuous service owners , provided that the total deductions for premiums and benefits does not exceed the percentage of (50%) of the salary of the sponsor and the support of the constituency of the branch concerned.  7. Department sponsor undertakes to inform the concerned branch when transferring the sponsor to the other or his retirement and transfer of monthly installments in the case of the borrower 's failure to pay.

[yota691]

Iraq launches loans to support small businesses with 15 million dinars

 

 

Economy News Baghdad : Announced the Bank of Iraq on Saturday for the granting of loans to citizens and owners of projects small dinar and the dollar US   . The Office media of the bank in a statement news received " Economy News , " a copy of it, he was " in line with the policy of the bank aimed to diversify the services provided by him and in support of the economy of the national in the financing of projects of different and reduce the unemployment and operation of hands working, the bank on the ready fully to grant loans of up to 15 million dinars , or ten thousand dollars US for the owners of projects and small " ,  referring to it , " select the names of the branches covered by the granting of loans short - term dinar Iraqi dollar US and put the instructions necessary for it . "  It noted the statement to be " the branches covered by the granting of loans to finance the projects of small is Jerusalem   and Mustansir   and the Secretary and seven firstlings and Sheikh Omar and Al - Andalus and Khansa seven palaces   and door east   inspired people and caliphs and Hudhayfah ibn al- Yaman , Haifa   and Kadhimiya , freedom   and the message   , refineries and Rafii   and bridge side right , Muthanna , martyrs and Najaf , inspired by Prince , Kut   , vegetables , independence and dad Fertile and the city   and the Pacific   and the Nile . " He pointed to the " documents required for one of the identities approved of by the bank ( the identity conditions of civil , certificate of nationality , card housing or card national unified or passport travel to take effect in addition to the card housing with a request to obtain the loan offers to the bank site by assets ."   He added that he " should   get the   book 's support from the Department of the sponsor supports the continuation of the service and the net salary monthly which earns the sponsor with a study of the feasibility of an economic include a description of the project   and the category that serves the project and the cost of the project and the flows of cash   and the ability to exercise activity and its ability to perform its obligations in return the amount of the loan and its benefits ". Among the " procedures section to   ensure the validity of the documents submitted to by the borrower and that adult age of majority and bears Director branch responsibility full of studying the requests and ensure the availability of the conditions required to provide the student loan and a detection site on the project on to get the details correct it for the purpose of estimating the value of assets as a prelude to determining the amount of the loan granted . " He explained that " the duration of the loan does not exceed three years ( loans , short - term ) and gives a boost one determines the amount to build on the request of the borrower and estimate the director of the branch and in the limits of the amounts the following 15 million dinars   by interest (9%)  and guaranteed by the sponsor and one employee civilian from the departments of State and 10 thousands of dollars   increased interest (7%) and guaranteed by the sponsor and one employee civilian from the departments of State . "   Views 595   Date Added 10/06/2017 - 10:47   Last updated 06/10/2017 - 13:32   No. Content 7860

[yota691]

Rafidain grant loans in dinars and dollars to the owners of small enterprises

Khalk 
announced Rafidain Bank on Saturday, giving loans to citizens and owners of small businesses in dinars and the US dollar. 
The Information Office of the Bank said in a statement I followed Khalk media network, that in line with the bank 's policy aimed at diversifying the services provided by him in support of the national economy in the financing of various projects and to reduce unemployment and operation of labor, the bank is ready to grant loans of up to 15 million dinars , or ten thousands of US dollars to the owners of small businesses, adding that he identified the names of the branches covered by granting short - term loans in Iraqi dinars and US dollar and put the necessary instructions so. 

He pointed out that the branches covered by the granting of loans to finance small projects, namely: (Jerusalem, Mustansir, Secretary, seven firstlings, Sheikh Omar, Al - Andalus, Khansa, seven palaces, door - east, Shaab district, caliphs, Hudhayfah ibn al - Yaman, Haifa, Kadhimiya, Freedom , letter, refineries, Rafii, bridge, right side, Muthanna, martyrs, Najaf, Prince neighborhood, Kut, Greens, independence, Abu Fertile, city, Pacific, Nile). 

A. Required Documents: -
1_  one of the identities adopted by the Bank ( the identity of the civil status, nationality certificate, residence card) or a unified national card or a valid passport in addition to the housing card. 
2_ application for a loan to the bank offers a site by assets. 
3_ book support from the sponsor circle which supports the continuation of the service and the monthly net salary received by the sponsor. 

4_ economic feasibility study includes a description of the project, the class served by the project, the cost of the project, cash flows, the extent of its ability to exercise activity and its ability to perform its obligations in return the loan and interest amount. 
5_ provide issued identification for official party union industries or Baghdad Chamber of Commerce or other. 

B. Branch procedures: -
1_  ensure the validity of the documents submitted by the borrower and it is a very age of majority and shall bear the full responsibility branch manager for the examination of applications and ensuring the availability of the required conditions provided in the student loan. 
2_ an on- site detection of the project in question to obtain the correct details of it for the purpose of estimating the value of assets in preparation to determine the loan amount. 
3_ does not exceed the loan term of three years (short - term loans) and grants one go and determines the amount at the request of the borrower and estimate the branch manager and within the following amounts and the table shown below: - 
(15000000) dinars (fifteen million dinars) interest rate (9%) and bail sponsor one civilian employee of the state departments. 
(10,000) dollars (ten thousand dollars) interest rate (7%) and guaranteed by the sponsor and one civilian employee of the state departments.

[yota691]

11-06-2017 01:15 PM

Rasheed puts controls the granting of doctors and pharmacists loans of up to 50 million dinars

 

 

 

Rasheed Bank, announced Sunday, controls for granting doctors and pharmacists loans of up to 50 million dinars, indicating that the term of the loan up to 5 years. 

The following special controls this loan: 

1 / grant loans for doctors, pharmacists, dentists Almmakr and pathological analysis laboratories and clinics X - ray and ultrasound examination device Scannar- resonance and medical devices. 

2 / is determined according to the purpose of the loan amount ranging between (20-50) million Iraqi dinars. 

3 / If the loan amount more than 20 million offers sponsor a government employee and the amount of more than 20 million to 30 million to provide guarantors with either the excess of (30) million to provide a guarantee of real estate estimated value (loan amount + interest). 
4 / duration of the loan (5) years. 

5 / borrower must be an employee on the permanent staffing and provide what supports not received a previous loan for the same purpose from other departments and provides the borrower 's identity practice certified by the union. 

6 / presentation is through the branches of the bank in Baghdad and the provinces are revealed to hold my clinic by thedrafters of the problem branch headed by the branch manager.

[ChuckFinley]

Nice to see loans going to medical.  

[yota691]

Iraq extends the payment of staff loans to 15 years

economy

 Since 06.11.2017 at 10:48 (Baghdad time)

Baghdad balances News

Rafidain Bank decided on Sunday to extend the duration of staff loans granted to them by the bank to 15 years.

The Information Office of the Bank said in a statement received / scales News / copy of it, "the bank decided to extend the repayment period of loans staff granted to them by him to be 15 years instead of 10 years."

The Office, that "the decision was made to the large number of applications received to him by the staff of government departments on the extension of loans granted to them due to the reduction of their salaries."

And between, that "the interest rate for such loans amounted to 8%."

[yota691]

Iraq announces the allocation of an email to employee complaints

economy

 Since 06.12.2017 at 11:54 (Baghdad time)

Baghdad balances News

Rafidain Bank on Monday announced the allocation of a special email to receive complaints from the staff of government departments who have granted advances and loan applications.

The Information Office of the bank said in a statement / balance News / copy of it, that " the bank allocated on its website email ( Arkan.sabri@rafidain-bank.gov.iq ) to receive staff whose names did not appear in the granting of loans and advances complaints."

He added the office, that "the bank is suitable to solve all the problems and obstacles encountered in the process of granting loans and advances" .anthy 29/43 a mechanism