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Within the initiative of the Central Bank .. Granting private banks more than 100 billion dinars
Economie | 10:24 – 10/07/2021 Baghdad – Mawazine News The Association of Iraqi Private Banks announced, on Saturday, granting private banks more than 100 billion dinars in housing loans within the initiative of the Central Bank, one trillion dinars. The
executive director of the Association of Iraqi private banks, Tariq Ali, in a statement received / scales News / copy of it, private banks contribute significantly to the support of the housing sector and ease the crisis on the citizens, through soft loans amounting to 100 million dinars stretch over 15 years and an interest rate of 2% declining, noting that “more than 44 private banks granted loans to citizens to buy housing units , ”
he noted Tariq, that “funding currently amounted to more than 100 billion dinars, and there is a large turnout by citizens On housing loans, he pointed out that “the policy of the Central Bank is supportive of citizens, as it reduced the interest on housing loans from 4% to a decreasing 2%.”
And between, the “citizen , the employee is entitled to purchase housing units in only complexes while the employee is entitled to purchase in residential neighborhoods and complexes of investment.”
The Executive Director of the Association of private banks, that “private banks operate in accordance with the general curriculum of the state to end the housing crisis By increasing housing lending.” Ended 29/A43 https://www.mawazin.net/Details.aspx?jimare=159993
Association Of Private Banks: Private Banks Have Granted More Than 100 Billion Dinars In Housing Loans To Citizens
The logo of the “Association of Iraqi Private Banks”
Economy News – Baghdad The Association of Iraqi Private Banks announced that private banks have been granted more than 100 billion dinars in housing loans within the initiative of the Central Bank, one trillion dinars
The Executive Director of the Association of Iraqi Private Banks, Ali Tariq, said in a press statement, that private banks contribute significantly to supporting the housing sector and easing the crisis on citizens, through soft loans amounting to 100 million dinars extending over 15 years and at a 2% decreasing interest, noting that More than 44 private banks grant loans to citizens to buy housing units .
Tariq noted that the volume of funding has currently reached more than 100 billion dinars, and there is a great demand by citizens for housing loans, pointing out that the policy of the Central Bank is supportive of citizens, as it reduced the interest on housing loans from 4% to 2% decreasing .
And he indicated that the non-employee citizen has the right to buy a housing unit in the complexes only, while the employee has the right to buy in the residential neighborhoods and investment complexes .
The Executive Director of the Association of Private Banks confirmed that private banks are working according to the general approach of the state in ending the housing crisis by increasing housing lending . Views 162 Date added 10/07/2021 https://economy-news.net/content.php?id=25665
Dollar Prices Rise In The Local Market
Economie| 10:37 – 10/07/2021 Baghdad – Mawazine News publishes / Mawazine News /, the exchange rates of the dollar against the Iraqi dinar in Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad – 147,300 Iraqi dinars against 100 US dollars,
selling prices in money exchange shops in the local markets in Baghdad -147.750 Iraqi dinars -buying prices 146750 dinars per 100 US dollars https://www.mawazin.net/Details.aspx?jimare=159994
Transportation: More Than 19 Billion Dinars, The Revenues Of The Northern Umm Qasr Port, During Last June
Money and business Economy News _ Baghdad The Ministry of Transport / the General Company for Ports of Iraq announced, on Saturday, the revenues of the northern Umm Qasr port, confirming that it exceeded 19 billion dinars during last June.
The Director-General of the Iraq Ports Company, Farhan Muhaisin Al-Fartousi, said in a statement that “Al-Iqtisad News” received a copy, that “according to the directives of the Minister of Transport, Nasser Hussein Al-Shibli, the revenues of the northern Umm Qasr port amounted to about 19 billion and 246 million dinars during the month of June, which is a revenue indicating that The port is working at a high rate and continues to be completed.”
Al-Fartousi explained that “the rate of docking of ships on the berths of the port amounted to about 73 ships, and the unloading and handling of about (23366) containers, while the volume of the goods unloaded reached about (609116) tons, during the period of last June.”
It is noteworthy that “the port was granted the international quality certificate (ISO) during the year 2021 in order to attract companies and customer satisfaction.”
Views 147 Date added 10/07/2021 https://economy-news.net/content.php?id=25669
The Iraqi Stock Exchange Is Trading Two Billion Shares Worth 3 Billion Dinars In A Week
Economy 10 July 2021 | 01:04 PM| Number of readings: 61 On Saturday, the Iraqi Stock Exchange announced the circulation of two billion shares with a financial value of more than three billion dinars during the past week .
The market stated in a report, that “the number of companies whose shares were traded during the past week amounted to 48 joint-stock companies, while the shares of 34 companies were not traded due to the lack of convergence of the prices of purchase orders with sales orders, and 19 companies continued to be suspended for not providing disclosure, out of 103 companies listed in market “.
And he indicated that “the number of traded shares amounted to two billion and 197 million and 407 thousand shares, a decrease of 83.55% compared to the previous session, with a value of three billion and 143 million and 381 thousand dinars, a decrease of 48% compared to the previous session through the implementation of 1658 deals .”
He pointed out that ” ISX60 traded price index closed at 568.01 points, recording a decrease of 0.98% from its closing in the previous session .”
The market explained that “the number of shares purchased from non-Iraqi investors last week amounted to 181 million shares, with a financial value of 552 million dinars, through the implementation of 70 deals, while the number of shares sold from non-Iraqi investors amounted to 41 million shares, with a financial value of 188 million dinars, through the implementation of 52 deals .
It is noteworthy that the Iraq Stock Exchange organizes five trading sessions a week from Sunday to Thursday, and includes 103 Iraqi joint stock companies representing the sectors of banking, telecommunications, industry, agriculture, insurance, financial investment, tourism and hotels.