Al-Rasheed raises the ceiling for housing unit purchase loans to 200 million dinars.

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Al-Rasheed raises the ceiling for housing unit purchase loans to 200 million dinars.

Rashid bank announced an growth in the quantity of the home purchase mortgage to a most of 200 million Iraqi dinars, up from the previous 150 million dinars.

The financial institution stated in a announcement acquired by dinaropinions.com, “This loan is granted for the reason of purchasing a residential unit, whether a plot of land or an rental, (for employees whose salaries are domiciled with the bank and citizens).”

He mentioned that “this comes within the framework of the financial institution’s efforts to facilitate residents’ ownership of housing and consistent with financial changes.”