Established in 2006 as a Community of Reality

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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Specialist: distressed banks in the practice of investing activities

    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 267081
    Join date : 2012-12-21

    Specialist: distressed banks in the practice of investing activities  Empty Specialist: distressed banks in the practice of investing activities

    Post by Rocky Tue 17 Sep 2013, 5:00 am

    Specialist: distressed banks in the practice of investing activities






    17/09/2013 12:00 AM


    Description of article 28 of the law Palmariqlh
    Baghdad - شكران the Fatlawi
    counting economic expert d. Akram Mohamed Hassan banking and financial sector one of the main factors of the transition from a centralized economy to a market economy required to lift the restrictions that his movement referring to the experiences of Eastern European countries in this field. Hassan said "morning" that the economic reform process starting from the banking reform as a lever basic walking the economy, pointing out that Article 28 of the Banking Act restricted banks from exercising activities that are at the heart of their work and investment-related as well as prevent them doing any activity that is not listed in Article 27 furthest taking approval from the Central Bank. He noted that the increase in commercial banks to their capital to 250 billion dinars not enough to hold economic reform unless it addressed paragraph 27, which reads "attend on banks to exercise any activity not mentioned in this article," What made ​​banks restricted in the exercise of a particular aspect of the banking business and lack of exercise side II. away from risk , adding it's also managed the decisions away from risk, pointing out that the core of the work of the banking sector risk can not be reduced to zero if there mentality insists on reducing the risks Vlazttia do their part attributing this that during the lending process or financing of any project or deal trade must be accompanied by risk Kmkhatr exchange rate, interest rate and repayment and liquidity Most of them think only in return for that heading to the activities of currency trading or enter the auction and issues away from the investment. market system and pointed to the market system does not mean only the freedom of trade and lack of controls كمركية and free transfer of capital money, but could be in the form of state capitalism any subscription state with the private sector develop projects to contribute to development and needs to be a functional efficiently moving the law and within the institutional frameworks and clear and strong state even play the role of regulator of the economy in general and economic reform will be, however the state. role of the state and sees good This does not contradict with the private sector, construction and support for that weak role of the state to do its support through large-scale projects and development Each country applies the market system in accordance with local conditions, which attributed When enacted law reform project should be set visions and goals clear and there is the will and determination to abide by and follow-up. respect for the law and explained that economic reform can not be guaranteed success legislation because there are hundreds of laws, but still faces the practice of customs and traditions and frames a social اتحترم law in many cases, the law must be Musdrale and controls for the conduct of Jhazativ for the state to play a huge role in economic reform through Aeltsiq between ministries and this requires mechanisms clear for collective decision-making and accelerate the process of economic reform.




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