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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


    Hamorabi Bank of Al-Eqtisad News: We managed to solve the problems of many customers of Dar es Sala

    Rocky
    Rocky
    Rocky
    Admin Assist
    Admin Assist


    Posts : 278526
    Join date : 2012-12-21
    • Post n°1

    Hamorabi Bank of Al-Eqtisad News: We managed to solve the problems of many customers of Dar es Sala Empty Hamorabi Bank of Al-Eqtisad News: We managed to solve the problems of many customers of Dar es Sala

    Post by Rocky Wed 24 Oct 2018, 6:25 am

     Hamorabi Bank of Al-Eqtisad News: We managed to solve the problems of many customers of Dar es Salaam paying 40 billion dinars




    [You must be registered and logged in to see this image.]

    The Chairman of the Board of Directors of Hamorabi Bank, Majry Al-Suri, solved the problems faced by the customers of Dar es Salaam Investment Bank by paying 40 billion dinars, pointing out that the bank's economic concept is the transition from the stage of collapse to the stage of reorganization and restructuring of a bank.
    " Through our frequent meetings at Hamorabi Bank, we are working on an ambitious plan to give credit to several parties and to provide different," Al-Soury said in an interview with Al-Iktissad News. "The time period for the bank is two to three years. Banking activities ", to the details of the dialogue:
    What do we mean by the bank?
    The economic bank in the economic sense is the transition from the stage of collapse to the stage of reorganization and restructuring of one of the banks, but not the old bank, but for good assets in whole or in part and transferred to the bank of the bridge. The idea of ​​the bank has existed for a very long time, and got many experiences in the world in this regard and the most important in the United States of America, there are about 200 banks have been converted to the banks of the bridge and rehabilitation, and the idea was applied in the banks of Lebanon, Egypt and Poland and Nigeria, Different .
    Hamorabi Bank is the first experience of Iraq in the field of banks and the Central Bank of Iraq Governor Dr. Ali Alalak preferred to hold the bank name Hamorabi commercial bank .
    What is the reason why Dar es Salaam chose to apply the idea of ​​a bank?
    The Central Bank of Iraq chose this bank to make it a bridge bank because of the large amount of money deposited in it, as well as the many irregularities in it, in addition to the presence of local and international companies and many individuals are in this bank, as the number of customers up to 18 thousand customers, and on this basis was accepted the idea of ​​the bank As soon as they are put forward, they are also accepted by creditors as giving hope to save their money even if they are through "capitalization ".
     
    The experience of "capitalization" of the debts in Dar es Salaam is the first experience, not in Iraq but in most countries of the world, in the sense that the debts of the old bank to the bank Hamorabi as capital and not as debts as very large amounts .
     
    Did the bank solve customer problems?
    - During this period and under the management of the Central Bank and with the support of the Governor, we have been able to solve many problems of customers who have small accounts in the bank, and we have paid over the past two years up to 40 billion dinars, and is a very large amount, and that the success of the experience of the bank is the basis of the repeated experience in Iraq, But I hope that the private banks at a high level of good performance and abide by all the rules and instructions issued by the Central Bank of Iraq, and do not repeat the experience in the use of banks .
    On the other hand, the general economic situation in the country is unstable, and Iraq is still suffering from major obstacles in the imposition of regulations by the Central Bank, so some banks are still faltering, and now the bank is considering the possibility of conversion to the banks of the bridge .
     
    What is the specific time period for a bank?
    - The period of time of the bank is two to three years in the management and ownership of the Central Bank. And the Banking Act in Article 61, paragraph 6, and article 67 in all its articles. Article 84 deals with how to deal with a bank, and the bank has the right to take all or part of the good assets and liabilities it determines from the old bank .
    The main problem faced by the bank is the lack of a previous experience for Iraq in this area, so there are some issues that must be explained in the Banking Law, which can not register the companies and real estate registration to abide by, and unfortunately so far does not have the Registrar of companies a previous experience to register such So banks, which forced us to rely on the law of banks in full, especially since the ownership of the bank full ownership, and then can be converted into a private joint stock company .
     
    In order to obtain more details and answer a larger number of questions and clarifications regarding the bank, the Banking Magazine completed a dialogue with Dr. Ahmed Abdul Mahdi, the authorized director of Hamorabi Bank .
    What are the reasons for the failure of Dar es Salaam?
     
    - After the stumbling in Dar es Salaam, a committee was formed to study the financial situation of the bank, and it was revealed through the examination of the accounts and financial statements that the bank is required very large sums of up to 450 billion dinars, due to poor administrations successive, but the main reason for this The stumbling block is the withdrawal of the British bank HSBC in 2013 from the Iraqi arena or from the arena of the Middle East because of exposure to international sanctions by the United States of America, leaving the arena empty and vulnerable to address some people not qualified to manage the Bank of Dar es Salaam, Commitments and amounts k Which called for the committee to recommend to the Board of Directors of the Central Bank the idea of ​​addressing this stumbling through the application of the idea of ​​the bank, and then we got approval from the Central Bank administration and support this idea .
     
     
    Have you encountered objections to the Bank's application?
     
    - Yes, the idea pontem Bank faced many objections by specialists in this direction, but after they were surprised by the big money deposited by customers Bank of Dar es Salaam, and we got to theconviction that it can not compensate for these amounts pumped through the central bank 's money init, so we proposed work The idea of ​​the bank to work in line with the lines set by the Central Bank, and the first step was the opening of the bank and we are in the process of preparing an ambitious plan to provide various activities for customers .
     
    Are there other troubled banks can be applied to the idea of ​​the bank?
     
    - The Central Bank, according to the law set three years for the period of work of the bank, but there are ideas to add a number of troubled banks and other ideas may be put in the future in the arena, and according to current estimates, there are four to five banks stumbling, which is a big problem for the dealers With these banks .
     
    And through our knowledge of the public, we found great suffering in the event of the bank's failure to deal with him, and thus the bad reputation of the bank gives a tragic impression of people and distrust of banks, which prompted the Central Bank to prepare a plan and start work with the aim of restoring confidence in the banking sector and increase financial coverage in the country and non-orientation The public will be able to invest in their homes for the money they own and pay to direct the money to the banking sector. Thus, the citizen will receive financial returns through the benefits, and opportunities will be available for the banking sector to invest these funds .
     
    What are the steps of Hamorabi Bank to gain the trust of its customers?
     
    - Through our frequent meetings at Hamorabi Bank, we are working on an ambitious plan to give credit to various parties and provide various banking activities in addition to very ambitious ideas. We assure the public that Hamorabi Bank is capable of meeting their ambitions. The days will show that we are able to give them full confidence. That the bank is supported and managed by the Central Bank of Iraq full capital of the bank, but in the future we will enter the investment and we will bring to depositors of private Dar es Salaam Bank and the work of capitalization them, which is the central bank to preserve their money, and therefore there may be frustrations and obstacles may Meh for depositors, but the near future will prove to customers that Hammurabi Bank is a bank operating inaccordance with international standards and under the supervision and central bank funds to attract the public and provide all of the services and activities that help to shorten the time and costs .
     
    In addition, the central bank will guarantee some of the remaining part of them. Therefore, these funds can not be manipulated in the future. The bank will introduce multiple electronic control and control programs. On banks, and all this would keep that money and invest in the right direction .
     
    What is the role of Hammurabi Bank in financial coverage?
     
    - The Central Bank is working hard in this direction and the development of the principle of financial inclusion, and Hamorabi Bank will be one of the tools of the bank, which works to guide the public towards investing money and not hoarding them in their homes, and through our study shows us that most Iraqi individuals have a lot of money and energies and possibilities but not exploited , And that the coming period will be a period of scientific orientation to transfer these funds and financial management to invest this money and directed correctly .
     
    What is the role of the bank in the project of settling salaries?
     
    - The issue of settling salaries is a window of financial inclusion that brings the public closer to this coverage in general, and headed to the subject of a lot of banks, including government banks, but in the current period the masses have greater confidence in government banks being supported by the Central Bank and thus be borrowed from it through Support him if he stumbles. And Hamorabi Bank has a tendency to work in the project of localization of salaries, but it is delayed at present, because many ministries and government departments are directed to government banks, and we will direct our services to these departments and ministries and we work to guide banking activities and provide the public reassurance through the settlement of salaries and granting loans and other banking facilities .

    [You must be registered and logged in to see this link.]
    • Back to top
      Current date/time is Thu 03 Oct 2024, 11:38 pm