The Central Bank approved increasing the capital of the Real Estate Bank to 500 billion dinars
The Finance Committee in the Council of Representatives confirmed, on Tuesday, that the Central Bank approved increasing the capital of the Real Estate Bank to 500 billion dinars to expand the coverage of citizens with housing loans.
A statement by the Media Department of the Council of Representatives, received by /Al-Maalouma/ Agency, stated that “the Finance Committee hosted the Director of the Real Estate Bank to discuss the real estate initiative and review the latest developments in completing citizens’ loan requests and financing housing complex projects.”
The head of the Finance Committee, Atwan Al-Atwani, stressed that “supporting and empowering banks is the best way to achieve sustainable development.”
He added, “The initiative to increase the capital of the Real Estate Bank to 500 billion dinars, which was approved by the Central Bank, aims to expand the coverage of citizens with housing loans and support investment in building housing complexes.”
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