On Monday, the Central Bank of Iraq made the announcement that it would provide the Real Estate Bank with two trillion dinars in support in order to guarantee citizens’ housing loan amounts.
In a statement, the bank said that it supported the Real Estate Bank’s liquidity so that it could meet the needs of citizens who wanted to buy units in residential complexes across all governorates, starting with ready-to-move-in units.
He went on to say that citizens’ requests to purchase floors outside the complexes, which had previously received the necessary approvals from the Real Estate Bank, were granted with 300 billion dinars.