Agricultural Bank announced on Sunday the launch of loans to citizens during the current week, indicating that the bank will be adopted for the first time on the "electronic loan" mechanism in the granting of loans to citizens.
He said the bank director Mohammad Hadi said in an interview televised, that "granted bank loans to citizens will begin after the central bank governor to sign a contract signed by the Minister of Finance on the loan," noting that "this week will be the granting of loans to applicants it."
He said Hadi, that "the Agricultural Bank will be adopted for the first time electronic loan mechanism through the site bank online, as should a citizen who serves on the loan that will fill the form in," stressing that "the bank payout loan to citizens during a period not exceeding two weeks."
He said Hadi, that "the amount of the loan depends on the powers the bank, as the Director-General of his powers to approve the exchange of about 500 million dinars, and that the Board of Directors of his powers to approve the amount of 500 million dinars to three billion dinars," adding that " The problem of the Supreme Committee of its powers to ratify the amount of three billion dinars to 20 billion dinars. "
The Central Bank of Iraq, announced earlier, starting from the launch of the largest funding for lending programs in Iraq, noting that they belong to finance industrial and agricultural sectors as housing and support small and medium enterprises and revitalizing the Iraqi economy.
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