Jorge Macri Modified the Organizational Charter of Banco Ciudad: There Will Be More Funds to Give Mortgage Loans
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4 Articles
The Porteña Legislature has approved to allocate at least 25% of the profits of the entity to these credits.The measure, promoted along with La Libertad Avanza, seeks to expand the anchoring to improve the conditions of access to the housing of the middle class.
The Porteña Legislature approved an amendment to the Organic Charter of the entity that establishes a minimum percentage of the remainder of its profits to finance loans intended for access to housing. The surplus can be used for infrastructure works of the City. Continue reading in Pura City: The Banco Ciudad will allocate at least 25% of its profits to mortgage credits
The Porteña legislature amended the Organic Charter of the entity and established that at least 25 per cent of the remainder of its profits should be used to finance housing loans.
Buenos Aires, 27 August (NA) -- The Legislature of the City of Buenos Aires approved on Thursday the modification of the Organic Charter of the Banco Ciudad (Law 1,779) to allocate the profits of the entity to loans for access to housing and infrastructure works. The measure reinforces the role of the Banco Ciudad in the granting of mortgage credits and in the financing of urban development porteño. The modified article is 45, which regulates th…
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