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Economics

Central Bank: 15 million dinars loan can be received within one day

The Central Bank of Iraq (CBI) on Saturday announced the start of the distribution and receipt of the 15 million dinar loan initiative in private banks.
"Private banks have begun distributing 15 million dinars to employees whose salaries are paid to private banks to adopt the Master Card," the central bank's media office said in a statement quoted by the Official Iraqi News Agency.Loan
"The initiative's instructions are supposed to include government banks as well, and the decision is up to them to invest this initiative to provide their services to employees who are eligible for their salaries," he said, adding that "those wishing to receive the loan can go to banks to promote transactions and receive the loan within one day with an administrative commission of no more than 4% and without interest."

Source: https://www.alsumaria.tv/news/محليات/373057/البنك-المركزي-قرض-الـ-15-مليون-دينار-يمكن-استلامه

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Code Trading Vol.
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Trading Vol.
($'000)/d
BBOB 171.0 116.3
SKTA 72.1 49.0
BIME 64.3 43.7
TASC 57.8 39.3
AISP 56.5 38.5

Trading Volumes by Sectors

Sector Trading Vol.
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Trading Vol.
('000 $)/d
Telecom 57.8 39.3
Banking 386.0 262.6
Industry 16.9 11.5
Hotels & Tourism 14.5 9.9
Services 110.5 75.2
Agriculture 57.8 39.3
Insurance - -
Investment - -
Total 643.5 437.7