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Tag: Rafidain Bank

Iraqi Construction and Housing Ministry has launched Interest-Free Loans

Iraqi Construction and Housing Ministry has launched Interest-Free Loans

The Iraqi Housing Fund has announced the issuance of interest-free loans. The Iraqi Ministry of Construction and Housing said in a statement that the Ministry is launching the electronic form to apply for housing fund loans from 2nd January 2020. The Iraqi citizens looking to get a housing loan in Baghdad and the provinces can fill out the form and receive a serial number for the transaction after following the completion stages. He mentioned the conditions of the loans and…

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Iraqi Ministry of Planning announced inflation rate in the country

Iraqi Ministry of Planning announced inflation rate in the country

The Iraqi Ministry of Planning has announced that the annual inflation rate fell to 1.6%. The ministry issued a statement and said, “The stability of the overall record for the month of July in Iraq after maintaining the same level compared to last June reached 104.2% because of the increase and decrease in the sections of the basket”. The spokesman for the Ministry, Abdul Zahra Al-Hindawi said in a statement, “The core inflation index rose by {0.3%} from the previous…

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Rafidain Bank’s investment projects including 5 Schools in Each Province and Baghdad Metro

Rafidain Bank’s investment projects including 5 Schools in Each Province and Baghdad Metro

Rafidain Bank has announced the financing of a number of large investments in service projects. These projects include Metro Baghdad amounted at 5 trillion Iraqi dinars. The Bank also announced a number of major laboratories in the country in collaboration with government banks under the supervision of Iraqi Central Bank. The director of Rafidain Bank, Khawla Talib Al-Asadi issued a press statement that the Central Bank of Iraq has adopted a project in providing offers by all government banks. The…

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Over 500 Billion Iraqi Dinars Stolen From Central Bank

Over 500 Billion Iraqi Dinars Stolen From Central Bank

Iraqi Dinar 123 News:– The value of the stolen money of the CBI is 500 billion Iraqi dinars. This value was released by the Rafidain Bank and the total amount of money that was reported to be stolen was equal to 500 billion Iraqi dinars and the most of it was done on instruments except for eleven billion dinars. The bank management gave out he statement so that the conversions can be done in the Islamic countries and the North…

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Budget Announcement to Set Iraq’s Financial Direction: Rafidain Bank CEO

Budget Announcement to Set Iraq’s Financial Direction: Rafidain Bank CEO

Iraqi Dinar 123 News:– It was announced by the ministry of Finance that they would improve the different issues related to those people who visit Iraq or come to Iraq to live or work need Aqahmas. Getting Aqahma easily is a good thing because it would attract people to come to Iraq looking for jobs. The CBI would be supporting this act of the ministry for a better and easier way for the immigrants. The cases need to be seen…

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Financial Development are Moving in the Right Direction

Financial Development are Moving in the Right Direction

Iraqi Dinar 123 News :- It was announced by the Rafidain Bank that the financial development for the country is going to be better soon. There are several people who have been trying to buy Iraqi dinar but have not known any positive sign in the economic sector. After the developmental process of the Rafidain Bank and the positive achievements it has done during its first financial year, things have become positive for all such Businessmen. The broker is interested…

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Rafidain Bank to Open a New Branch in Khanaqin

Rafidain Bank to Open a New Branch in Khanaqin

Iraqi Dinar 123 News :- The Khanaqin administration demanded central government of Iraq to open a new branch of Rafidain Bank in the province to fulfill the needs of retirees, employees and other locals. Rasheed Bank is already operating in the country but the bank is unable to fulfill the demand of people due to massive population. The administration of Khanaqin said one bank is not enough to satisfy the needs of whole community and industrial needs. The administration of…

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Rafidain Bank Back in Action

Rafidain Bank Back in Action

Iraqi Dinar 123 News:– It has been reported that the experts are demanding the need of the Iraqi market to handle things through the Rafidain bank ATM. The economic experts claim that the ATM is a great system of managing payments which has been doing a great job for the past four decades. The Iraqi economy needs the help of such things to handle the financial matters in a much better way. The ATM has a system which is known…

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