The central bank postpones the payment of premiums due to the Five and One initiatives, one trillion dinars Economie


| 02:17 – 7/27/2020

Baghdad – Mawazine News

, The Central Bank of Iraq decided, on Monday, to postpone the payment of premiums due to government and private banks for the five trillion dinars and one trillion dinars initiatives for a period of three months.

A statement issued by the bank, Mawazine News, received a copy of it, saying that “due to the persistence of exceptional circumstances and the accompanying partial and total closures due to the Corona pandemic and the total or partial stalemate it left in most of the economic sectors that still affect economic activity and which cast its shadow on Owners of small, medium and large projects and the residential sector, so this bank decided to postpone the payment of premiums due to government and private banks for the five trillion dinars and one trillion dinars initiatives for an additional three months.

The statement added, “That will be from the date (July 1, 2020 to September 30, 2020) and transferring it to the end of the loan term, and passing this delay on to borrowers in a way that does not leave behind any interest or delay commissions.” Ended

https://www.mawazin.net/Details.aspx?jimare=111823

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s