Rasheed Bank Launches Solar Energy Loans

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Rasheed Bank Launches Solar Energy Loans

state-owned Rasheed bank has launched specialised loans for getting renewable energy structures, particularly solar panels, with financing provided immediately by means of the imperative financial institution of Iraq (CBI).

The initiative permits citizens and public sector personnel to apply for loans of up to 30 million Iraqi dinars [$21,000], at an interest rate of simply 3 percentage. The financial institution says the flow aligns with Iraq’s countrywide approach to sell clean, sustainable strength and decrease reliance on conventional energy resources.

candidates are invited to use through the “Ur” platform, with Rasheed financial institution promising a simplified method designed to reach as many people as viable.