Economy News – Baghdad
The National Bank of Iraq signed an initial agreement to finance the construction of a modern hospital in the region, with a total value of up to 50 million US dollars, under the auspices of the Prime Minister of the Kurdistan Regional Government, Masrour Barzani,
The funding of this vital project by the National Bank of Iraq comes with the aim of supporting the direction of the regional government to improve the reality and quality of health care in the region and provide advanced health services to its residents.
Commenting on the signing of this agreement, the Plenipotentiary Director of Al Ahli Bank of Iraq, Ayman Abu Dhaim, expressed his happiness with this important step, saying: “We are proud of the National Bank of Iraq to finance the construction of a new and advanced hospital in the Kurdistan region. This initiative reflects our ongoing commitment to supporting development and infrastructure projects that benefit our community and contribute to improving the quality of life for citizens.”
Abu Dhaim pointed out that this project is a model of partnership between the public and private sectors to contribute to achieving sustainable development, explaining that this project, in addition to providing high-quality medical services to citizens, will contribute to creating new job opportunities and promoting economic growth, and in a way that will reflect positively on progress and prosperity in Iraq.
Financing this project will be subject to the bank’s credit policies and the instructions of the Central Bank of Iraq.
The bank also plays a major role in economic development and promoting financial inclusion, as the bank has localized more than 200,000 employees in the public and private sectors, and has granted advances to more than 80,000 employees with a total value of 1 trillion Iraqi dinars. At the level of small and medium enterprises, the bank has granted loans to more than 5,000 companies from various governorates of Iraq in many economic sectors.
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