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Kamis, Februari 21, 2008

$82 million for land bank to increase its loan facilities

$82 million for land bank to increase its loan facilities

VOI - [2/17/2008]

he Iraqi Ministry of Finance will grant the Land Bank $82 million in a bid to boost its loan facilities, the finance minister said on Sunday।

"Minister Baqir Jabr al-Zubeidi ordered that 100 million Iraqi dinars (1 U।S. dollar=1,223 Iraqi dinars) be given to the Land Bank to increase its ability to grant loans," according to a ministerial statement.

he statement was issued following the minister's meeting with a number of ministerial advisors, Iraqi bank directors and Baghdad governor।

During the meeting, the minister called on the bank to expand its land loans to citizens and gave instructions for the formation of a committee headed by the general inspector and director of the Land Bank and al-Rasheed Bank, in addition to legal experts, to develop a plan for the establishment of a residential compound for the ministry's employees।

sumber dari : http://www.iraqdirectory.com/DisplayNews.aspx?id=5580

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