The Real Estate Bank cancels the interest on loans from the Central Bank initiative


Saturday 17 July 2021 | 09:01 PM| Number of readings: 188

The Real Estate Bank announced the cancellation of the interest on loans from the Central Bank initiative. And he stated in a statement: Based on what was stated in the book of the Financial Operations and Debt Management Department / Internal Lending Department No. 5/6/1757 on 6/21/2021, the interest of the Central Bank of Iraq initiative loans for the current loan and the previous loan only was canceled. It is noteworthy that this decision came as a result of the economic recession that the country is going through due to the Corona pandemic and to reduce the burden on citizens

https://aynaliraqnews.com/index.php?aa=news&id22=149816

3 thoughts on “The Real Estate Bank cancels the interest on loans from the Central Bank initiative

  1. An Islamist here in Austin told me Islamist pay the same thing as interest but call it something else. This reminds me of a famous politician that said, “It depends on what is the definition of is?” They define meanings to suit themselves.

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