Thursday, January 31, 2019

Central Bank launches $1.1 billion stimulus package. Subsidies for old and new housing loans in lira worth $524 million


The Central Bank (BDL) has issued a new stimulus package for 2019 that involves providing interest subsidies to loans worth nearly $1.1 billion, according to a new BDL circular.

The package includes loans denominated in the national currency worth $547 million, and loans in the U.S. dollar totaling $500 million.

The lira loans mainly consist of housing loans which total $524 million. The remaining $50 million comprise microloans, as well as loans for education and productive secto...

Article details

No comments:

Post a Comment