CBI instructs banks to include workers with soft loans

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The Central Bank of Iraq directed authorized banks to grant soft loans to contract employees (workers) covered by Resolution (315) of 2019 as part of the instructions for giving soft personal loans to state employees.

 

The loan amount was previously set at fifteen million dinars, with the submission of an employee’s guarantor whose salary settled in one of the authorized banks and has a service of no less than (2) years in one of the municipality’s departments and continues to serve.

 

Central Bank of Iraq
     Media Office

October 28, 2021