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


yota691
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Al-Rafidain grants loans to universities, schools and kindergartens

Revision date: 2019/5/26 8:37140 times read
Al-Rafidain grants loans to universities, schools and kindergartens
 
{Baghdad: Al-Furat News} Rafidain Bank decided to grant loans to the owners of universities, schools and kindergartens for all stages to expand their work.
"In order to provide support to private schools and kindergartens and to contribute to the creation of the educational environment, it is decided to grant operational loans for the development of these schools," the bank's press office said in a statement received by the Euphrates News Agency.
"Kindergartens were allocated 25 million dinars and primary schools were given 50 million dinars and middle and secondary schools gave them 75 million dinars," the statement said.

He pointed out that "the private universities were awarded 100 million dinars."
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Universities, schools and community kindergartens receive loans

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2019/05/25 23:58:37

Al-Rafidain Bank on Sunday decided to grant loans to the owners of universities, schools and kindergartens for all stages to expand their work.

"In order to provide support to private schools and kindergartens and to contribute to the creation of an educational environment, it is decided to grant operational loans for the development of these schools," the bank's press office said in a statement.

The statement added that kindergartens were allocated 25 million dinars and primary schools gave them 50 million dinars and middle and secondary schools gave them 75 million dinars, referring to the granting of private universities 100 million dinars.

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  • yota691 changed the title to Loans amounting to 100 million dinars for universities, schools and kindergartens
 
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Rafidain Bank announced on Sunday that it had granted loans amounting to 100 million dinars to universities, schools and kindergartens.

"In order to provide support to private schools and kindergartens and to contribute to the creation of the educational environment, it is decided to grant operational loans for the development of these schools," the bank's information office said in a statement received by Alsumaria News. 

"Kindergartens were allocated 25 million dinars and primary schools were granted 50 million dinars and middle and secondary schools gave them 75 million dinars," he said, adding that "private universities were awarded 100 million dinars."
 

It is noteworthy that Rafidain Bank began and since 2016 granting loans and advances to employees and citizens in the areas of the areas according to certain mechanisms and controls.
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  • yota691 changed the title to Rafidain decides to grant 50 million loans to finance the owners of laboratories and medical supplies

Rafidain decides to grant 50 million loans to finance the owners of laboratories and medical supplies

Economy | 11:29 - 28/05/2019

 
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BAGHDAD - 
Al-Rafidain Bank, Tuesday, granted loans to finance the owners of laboratories and medical supplies. 
 "It was decided to grant loans of up to 50 million dinars to fund the owners of laboratories and medical supplies," the bank's information office said in a statement received by Mawazine News. 
He added that "the grant of this amount is guaranteed by mortgage property provided by the borrower in favor of the bank," noting that "the bank also gives the amount of 25 million dinars to the owners of laboratories and medical treatment of the guarantor of civil servants of civil servants and the state paid their salaries with the bank."

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The Central Bank prevents electronic payment service providers from providing loans and advances

Tuesday, May 28
 
 
 
 
The Central Bank prevents electronic payment service providers from providing loans and advancesIraqi money

The central bank announced on Tuesday that it was preventing electronic payment service providers from offering loans and advances in contravention of the Banking Law.

"As the bank is the sector body responsible for organizing and monitoring the work of electronic payment providers, we would like to point out that the above companies are not allowed to provide credit services (loans and advances) for their conflict with The Banking Law No. 94 of 2004 and the license granted to them under the electronic payment services system of funds No. (3) for the year 2014 ". 

The statement stressed that "not to contract with the above companies or with their agents / outlets for the purpose of providing credit facilities in all forms." 
 
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Interior Inspectorate recommends Basra police to recover nearly 3 billion dinars of its employees

Political | 06:31 - 29/05/2019

 
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BAGHDAD 
(Reuters) - The Interior Ministry's inspector-general's office on Wednesday recommended to the Basra Police Directorate that it recover 2,884,521,566 dinars from its employees who are evading payment of their bank advances. 
"This came against the background of the discovery of an audit committee of the Office of the Inspector-General of the Ministry of Interior, the officers and associates of the Directorate of Basra Police are evading the payment of the bank installments that they paid to Al-Rasheed Bank despite the expiry of the financial dues For a long time. " 
The statement added that "the total amount of premiums paid by officers and employees of the Directorate to the Bank of Rasheed amounted to (2,884,521,566) dinars, where the Bank of Rasheed granted officers and employees of the Basra police bank advances to buy personal wheels for payment of advances in the form of monthly payments deducted from Before the accounts of the Directorate of Basra police in favor of the bank.
The statement pointed out that "the audit committee discovered that there is a deliberate and a joint shortcoming of the staff of the Rasheed Bank as well as the accounts and administration of the Directorate in the collection of funds of deductions, which are public funds and the duty to maintain and recover The investigation and audit conducted by the Interior Inspectorate in Basra, An officer and one of the beneficiaries who benefited from the purchase of the wheel was now out of the Basra Police Directorate, which caused nearly 3 billion dinars of state treasury funds to be wasted. The Office of the Inspector-General took the necessary legal action to return the funds Li state treasury and load bodies caused by seeking hard to return and investigations are continuing in the case to see evaders payment destination affiliation and negligence and the instigators of violating regulations, instructions and overtaking on public money to take the necessary legal right ".anthy 29 / h

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  • yota691 changed the title to Rafidain Bank launches a loan of 50 million dinars for hotel owners
 
11782.jpg
The Rafidain Bank logo
  

 Banks


Economy News Baghdad

Rafidain Bank announced on Sunday, operating loans to the owners of tourist hotels up to (50) million dinars and a period of grace for 3 months.

The bank's information office said in a statement read by "Economy News" that "in order to move the wheel of the national economy decided to grant loans to hotel owners up to 50 million dinars."

The statement added that "the payment of installments is monthly and after the end of the grace period directly." 


Views 26   Date Added 02/06/2019

 
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Editorial date:: 2019/6/2 11:45  369 times read
Rafidain launches a loan of 50 million dinars for hotel owners
{Baghdad: Al-Furat News} Rafidain Bank, operating loans to the owners of tourist hotels up to 50 million dinars and a period of grace for 3 months.
The bank's information office said in a statement received by the agency {Euphrates News} a copy of it, "and in order to move the wheel of the national economy decided to grant loans to hotel owners up to 50 million dinars." 
He pointed out that "the payment of installments is monthly and after the end of the grace period directly."
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25 minutes ago, kwg said:

That is 50 thousand USD. I mean really what can you do with 50 thousand???

 

maybe a couple new bomb blast walls out front , possible new linens  and if anythings leftover upgrade the  bar down in the loungeimage.jpeg.4c316c36d6613d43c6028e7d0c99354c.jpeg  just levity while we wait ... cheers dv'ers

Edited by 3n1
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  • yota691 changed the title to Rafidain determines the repayment period of a loan of 50 million for the owners of laboratories and medical supplies

Rafidain determines the repayment period of a loan of 50 million for the owners of laboratories and medical supplies

Economy | 08:02 - 08/06/2019

 
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Baghdad - 
Al-Rafidain Bank, Saturday, the duration of the grant of 50 million loan to finance the owners of laboratories and medical supplies to (5) years and a period of grace for 3 months. 
"A loan of 50 million dinars for laboratory owners is to guarantee the pledge of the property provided by the first class borrower in favor of the bank as collateral for the loan," the bank's information office said in a statement received by Mawazine News. 
The statement added that "the bank also decided to grant 25 million dinars to the owners of laboratories and medical pretreatment provided that the sponsor guarantor civil servant of the local state services salaries at the bank."

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  • yota691 changed the title to Rafidain determines the types of loans it grants
Source:
 
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Rafidain Bank has identified the types of loans available in its branches located in Baghdad and the governorates.

The bank's information office said in a statement received by Alsumari News that copies of the loan can be obtained by the bank's nearest branch to see the instructions for each loan and to apply for the loan, which is suitable in accordance with the terms and conditions.

 
 


The loans available to the bank are: 

1- Micro-enterprise loans. 

2. Commercial and tourism loans. 

3. Judges' loans. 

4- Investment housing loans. 

5 - Basmaya housing complex loans. 

6- Finance loans and scientific research for students and professors. 

7. Operating loans for owners of universities, schools and kindergartens. 

8 - Operating loans for owners of tourist hotels. 

9. Car loans. 

10. Loans from doctors, pharmacists and veterinarians.


11. Housing loans for citizens in liberated areas. 

12 - Housing loans citizens (50) million for an area not less than (200) m. 

13 - the predecessor of retirees. 

14. Prepaid Employees' salaries (Master Card). 

15. Banking facilities. 

16. Productive project loans. 

17. Loans of laboratory owners and medical supplies. 

18. Renewable energy loans (solar energy).

 
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Release date: 2019/6/10 8:28 • 400 times read
Rafidain identifies types of loans and calls citizens and employees to visit its branches

{Baghdad: Al-Furat News} Select Rafidain Bank, Monday, the types of loans available in the branches deployed in Baghdad and the provinces. 
"The citizens and employees can obtain these loans and check the nearest branch of the bank to see the instructions for each loan and apply on the loan, which is commensurate with the terms and conditions," the bank's information office said in a statement received by Al-Furat News. 
He pointed out that "the loans available to the bank are: 
1 - loans for small projects 
2 - commercial and tourism 
loans 3 - loans for judges 
4 - loans for residential units investment 
5 - loans Basmaa housing complex 
6 - financing loans and scientific research for students and professors 
7 - operating loans for university owners Schools and private kindergartens 
8 - Operating loans for owners of tourist hotels 
9 - Car loans 
10 - Loans of doctors, pharmacists and veterinarians 
11 - Housing loans of citizens in liberated areas
12 - Housing loans citizens (50) million for an area not less than (200) m 
- 13 advances of retirees 
14 - advances of local employees salaries (Master Card) 
15 - banking facilities 
16 - loans productive projects 
18 - loans of laboratory owners and medical supplies 
19 - Renewable energy (solar energy) "
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  • yota691 changed the title to Central Bank announces a large increase in the number of beneficiaries of the initiative trillion dinars

Central Bank announces a large increase in the number of beneficiaries of the initiative trillion dinars

Economy | 03:37 - 17/06/2019

 
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BAGHDAD - 
The Central Bank of Iraq announced on Monday a significant increase in the number of beneficiaries of the initiative one trillion dinars allocated to support small and medium enterprises in the framework of his desire to contribute to support the Iraqi economy and continue to monitor the results of initiatives launched. 
A statement issued by Mawazine News, a copy of which, "The amounts borrowed, reached during the months of this year only, the value of 31 billion and 667 million dinars, when compared with the amount borrowed during the whole of last year, which amounted to 33 billion and 600 Million dinars". 
"We note that the size of the increase is approaching weakness, which indicates a remarkable success in encouraging young people to launch their own investment projects, which are distributed across different sectors."

 

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Editorial date: 2019/6/17 15:28  246 times read
Central Bank: a large increase in the number of beneficiaries of the initiative trillion dinars
The Central Bank of Iraq announced a large increase in the number of beneficiaries of the initiative one trillion dinars allocated to support small and medium enterprises in the framework of his desire to contribute to support the Iraqi economy and continued to monitor the results of initiatives launched.
A statement issued by the bank received the agency {Euphrates News} a copy of it, "The amounts borrowed, reached during the months of this year only, the value of 31 billion and 667 million dinars, when compared to the amount borrowed during the whole of last year, which amounted to 33 billion and 600 million Dinar". 
"We note that the size of the increase is approaching weakness, which is a sign of a remarkable success in encouraging young people to launch their own investment projects that are distributed across different sectors."
The One Trillion Small and Medium Enterprise Initiative is an initiative launched and funded by the Central Bank of Iraq at the end of 2015 to encourage young people to invest in the agricultural, industrial, commercial and service sectors through loans ranging from 5 to 50 million JD, note that there are exceptions that make the amount of the loan up to the limit of 10 million dinars, which are exceptions related to the feasibility of the project and its ability to run the workforce.
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  • yota691 changed the title to Table of types of loans of Rafidain Bank and the duration of repayment
 
15750.jpg
 
  

 Banks


Economy News _ Baghdad

Rafidain Bank on Tuesday issued a schedule specifying the categories covered by loans and the duration of repayment. 
The bank provides 19 loans and advances for various categories, including loans for small projects, 3 years' repayment, loans for judges with repayment periods of 15 years, loans for cars of private companies with a period of repayment of 5 years, and advances of retirees with a repayment period of 40 months, in addition to housing loans citizens 50 million for an area not less About 200 m and the repayment period of 10 years.

The following is a table of loans and advances and repayment period:

 

cb8db65059478c3.png

 
Views 22   Date Added 06/18/2019
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16,831 views
 

Rafidain Bank on Tuesday issued a schedule specifying the categories covered by loans and the duration of repayment.

The bank provides 19 loans and advances for various categories, including loans for small projects, 3 years' repayment, loans for judges with repayment periods of 15 years, loans for cars of private companies with a period of repayment of 5 years, and advances of retirees with a repayment period of 40 months, in addition to housing loans citizens 50 million for an area not less About 200 m and the repayment period of 10 years.

 
 


The following is a table of loans and advances and repayment period:

 
ExtImage-2743317-892021568.png
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  • yota691 changed the title to Rafidain launches car loans for employees and retirees and without a sponsor

Rafidain launches car loans for employees and retirees and without a sponsor

Economy | 02:59 - 30/06/2019

 
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Baghdad - Mawazeen News 
Rafidain Bank announced, Sunday, the launch of car loans for employees and retirees and without a sponsor through the electronic card. 
"It was decided to grant car loans and without a sponsor to employees and pensioners home with their salaries at the bank as part of the national project of installments," the bank's information office said in a statement received by Mawazine News. 
He called on the bank, covered by these loans to "review the nearest branch of the bank and apply to them." Ended 29 / a 43

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14283.jpg
The Rafidain Bank logo.
  

 Banks


Economy News Baghdad
Rafidain Bank announced on Tuesday that the period of repayment of car loans for employees and retirees by installments up to five years, including three months grace period.
The bank's information office said in a statement read by "Economy News" that "the granting of car loans to the employee or pensioner who have been settled salaries with the bank and the holders of the electronic card." 

He pointed out that "the employee or retired homeowner salary at the bank and would like to buy the car to see the conditions and specifications of the car, which should have a solid global origin.

The Rafidain Bank announced on Sunday, the launch of car loans for employees and retirees and without a sponsor through the electronic card.

Views 86   Date Added 07/02/2019

 
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Thursday 04 July

Marketing festivals break down typical display products
Baghdad / Fadia Hikmat
 
image.png.d8b2277d7c6c9ae76ad62f917cb317d4.png
 http://alsabaah.iq/10934/مهرجانات-التسويق-تكسر-نمطي-ة-عرض-المنتجات
 
In most countries characterized by a solid national economy, marketing festivals, which have become one of the phenomena that are widespread internally and externally, are held to achieve great returns, namely the reputation of advertising for food or consumer products. The companies producing these products make great money and participate in the monitoring of various prizes for competition, Its products and commodities as distinct materials, which are popular and popular.
 
Typical marketing
The expert in economic affairs d. Salam Semisem said that "marketing festivals are important for both the consumer and the producer because they are the process of identifying and promoting the product and opening wider and more non-traditional doors for marketing the product." "All companies were specialized in a traditional style, such as selling and buying outlets in wholesale and retail markets or so-called retail markets," she said. "These festivals include direct sales to consumers, .
"Most of the participants in these festivals (as companies and individuals) put competitive prices and special offers for visitors to deliver their goods better and leave a good impression on the consumer."
 
Entrepreneurship success
"These marketing festivals open the door to entrepreneurship, especially to young people, because these festivals have successfully contributed projects to many young people who have new brands in the market for commercial competition but have not been well marketed," said Smisem. "So we can count these festivals as the real entry gates to the market for commercial competition with the owners of other companies and the formation of a real trade name (registered trademark).
"The need for the Iraqi market to brands and youth companies owners of innovative ideas in the new way of marketing and product launch through the establishment of festivals marketing and advertising in an unconventional way."
She stressed that "these festivals put the consumer in direct contact with the product and shorten a cycle of marketing from product to consumer," pointing out that "attending these marketing festivals reduces the price of goods and thus appear the price difference in the consumer budget."
She expressed her hope for "encouraging entrepreneurial initiatives, which are represented by some types of loans granted by the State through the Central Bank of Private Banks to devote part of them to marketing festivals to promote new project activities and entrepreneurial ideas."
 
Communicate with customers
"The aim of the festivals is to develop marketing methods and bring together giant companies and start-ups, led by a number of young people who have new ideas on the Iraqi trade scene," said one participant in marketing festivals in Baghdad and other provinces.
"The marketing festivals have a variety of returns for both large companies to maintain continuous communication with customers and consumers, and to promote young, emerging projects with the possibility of linking small and medium enterprises to large companies," Khalaf told Sabah. To enter the local commercial market strongly, pointing out that electronic marketing has become an indispensable part in the promotion of goods and goods.
He believes that "the development of marketing methods and the entry of technology to Lignan for marketing festivals and exhibitions, which are in direct contact with customers to identify the most important problems and provide solutions to avoid them in the future and ensure the continuation of the company's work in the introduction of its products."
 
 
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  • yota691 changed the title to Rafidain launches loans worth 100 million dinars for the purchase of residential units of investment projects
Release Date: 2019/7/8 10:46 • 640 times read
Rafidain Bank announced on Monday the launch of loans worth 100 million dinars for employees and 50 million for citizens to buy residential units in investment projects.
The bank's information office said in a statement received by Al-Furat News that "it is the bank's policy to support system" rel="">support employees and citizens decided to grant loans to buy residential units in residential investment projects." 
"If the loan applicant is a staff member, the loan will be granted a maximum of 100 million, and if the applicant is a citizen, he will be awarded a maximum of 50 million," the office said.
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/ Mawazine News / published instructions to apply for loans of 100 salaries to buy housing units

Economy | 01:46 - 08/07/2019

 
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Baghdad - 
Al-Rafidain Bank, Monday, granted loans to citizens and employees to buy housing units in investment projects and for the purpose of contributing and alleviate the housing crisis and according to the instructions below. 
In case the applicant is a staff member: 
1- A loan of 100 salaries shall be granted a minimum of 50 million dinars and a maximum of 100 million dinars. 
2. The permanent landlord shall continue to serve with a letter of support from his department and shall be signed by the head of the department. 
3 - to cover 50% of the total salary amount of installment and monthly interest. 
4 - not to receive a housing loan either from Rafidain Bank or other banks. 

In case the applicant is a citizen: 
1. The loan amount is 50 million as a maximum. 
2. The identity documents shall provide the identity of the civil status - the nationality certificate - the residence card - or the national card.
3 - Obtain a pledge from the loan applicant supports not to grant him any loan from our bank or other banks. 
4 - The deduction of the premiums incurred by the borrower through electronic payment tools if possible. 
5 - Loan Guarantee Provide the sponsor of civil servants to the permanent owners of the state departments and excludes the employees of the state home salaries with our bank in addition to mortgage the housing unit in favor of the bank of the first degree after registration in the name of the borrower. 
6. The amount of the loan granted shall not exceed the purchase price of the residential unit included in the contract between the borrower and the executing company. 
The Rafidain Bank announced on Monday the launch of loans worth 100 million dinars for employees and 50 million citizens, to buy housing units in investment projects.

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  • yota691 changed the title to RACING: Private sector drive economic development and the government to launch its facilities
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