Industrial Bank: Loans granted to Iraqi farmers

A source at the bank said in a statement reported for " Shafaq News " , that he calls " citizens wishing to obtain a loan of 15 million dinars to review its branches in Baghdad and the provinces ," noting that “the initial review is for the purpose of knowing the required conditions for the promotion of the papers of receiving these loans ."

He added that " the bank granted loans in the last term to 768 citizens," adding that " the total amount of these loans amounted to 25,339,700,000 dinars."

"The bank will continuously grant loans to all citizens in accordance with the developed mechanisms and controls by taking into account reducing the red tape " , pointing out that " a system of control and inspection has been found for the purpose of follow-up granted credits and the preservation of public money by giving those loans ."

It is worth mentioning that a large proportion of Iraqis need to activate the loans granted to them and facilitate the procedures for paying and reduced benefits because of their need for a wide range of services that lacked it for decades , of the priorities of those needs are the construction of residential buildings or establishing small projects that will sustain their livelihood properly , according to specialists .