Real Estate Bank of Iraq explained

Real Estate Bank of Iraq
Products:Financial Services
Homepage:www.reb-iraq.com

Real Estate Bank of Iraq (Arabic: المصرف العقاري العراقي) [1] is an Iraqi state-owned bank aimed at facilitating housing projects through giving loans. In 1997, it started to give loans to tourism projects like building hotels. It was established in 1948 in Baghdad and started working in 1949. The bank has several branches in Baghdad and the governorates.

It is one of four special purpose banks established after the Second Gulf War.[1]

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Notes and References

  1. Web site: USAID-Tijara Provincial Economic Growth Program; Investor Guide of Baghdad . USAID-Tijara Provincial Economic Growth Program; U.S. Agency for International Development (USAID) . November 2011 . The Louis Berger Group, Inc. . 13 . Contract No. 267-C-00-08-00500-00.