Rasheed Bank intends to finance housing projects exclusively within the plan of 2012 through the banking and lending an amount equal to 100 salary for public sector employees and 30 million Iraqi dinars for the non-staff for the purpose of purchasing homes.
This came in the words of Director General of BADEA Kazim Mohammed, noting that “Rasheed Bank is financing the investment projects in the residential sector exclusively by giving the investor 40 percent of the total value of the project residential soft loan that possesses the bank the land and building until the payment of the amount of the loan over three years, “.
For his part, spoke highly of the Director of Housing Fund in the Ministry of Construction and Housing-Bassam proof “plan Rasheed Bank to finance housing projects as it will contribute to resolving the side of the housing crisis. “
