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Baghdad Chamber of Commerce seeks to reduce the benefits of bank loans to traders to 3 percent

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Baghdad Chamber of Commerce seeks to reduce the benefits of bank loans to traders to 3 percent
2009-08-14 17:33:04 2009-08-14 17:33:04


BAGHDAD (Iba) .. asked the Baghdad Chamber of Commerce seeks to reduce the benefits of bank loans to 3 percent for traders and businessmen in Iraq.

An official source in the room told the independent press (Iba) said Friday that the claim comes within the framework of ensuring the development of business process to support the Iraqi market goods needed by citizens. Indicating that the proportion relying in the neighboring countries that are trade deals with Iraq.

He added that the Ministry of Finance has taken steps Ptkhvdiha the benefits of good financial loans from 20 percent to 7 percent, a fall in the interest of the national economy. Stressing that the plans aimed at increasing the capacity of banks to grant more loans Xiasat internal.

It should be noted that follow called for a review of funding programs granted by banks to their clients in order to reduce the proportion of Murabaha in force in financial services. (End) / 20 /

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