The Central Iraqi: Start of distributing the 15 million dinars loan initiative in private banks
The currency of Iraq - archive
20 February 2021 03:17 PM
Mubasher: The Central Bank of Iraq revealed, today, Saturday, the beginning of the distribution and receipt of the 15 million dinars loan initiative in private banks.
The media office of the Central Bank stated in a special statement to the Iraqi News Agency (INA), that "private banks have started distributing a loan of 15 million dinars to employees whose salaries are settled in private banks by adopting the Master Card."
He explained that "the instructions of the initiative are supposed to include government banks as well, and the decision is up to them to invest this initiative to provide its services to the national employees with their salaries there."
The media office indicated that "those wishing to receive the loan can go to banks to promote transactions and receive the loan within one day with an administrative commission not exceeding 4 percent and without interest."