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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


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    Advisor to the Association of Banks: Riyada Bank will launch lending to youth and vulnerable segment

    Rocky
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    Advisor to the Association of Banks: Riyada Bank will launch lending to youth and vulnerable segment Empty Advisor to the Association of Banks: Riyada Bank will launch lending to youth and vulnerable segment

    Post by Rocky Sun Mar 03, 2024 10:09 pm

    Advisor to the Association of Banks: Riyada Bank will launch lending to youth and vulnerable segments of society to develop small and medium enterprises

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    Economy News - Baghdad
    Advisor to the Association of Private Banks in Iraq, Samir Al-Nusairi, said today, Sunday, that the Riyada Bank, which will be launched soon, is one of the pillars of the Central Bank of Iraq’s strategy to achieve social development.
    Al-Nusairi added, in an interview with Al-Iqtisad News, that “Riyadah Bank seeks to achieve social development by supporting all segments of society, especially youth and vulnerable groups,” noting that “the bank will be one of the pillars of the Central Bank of Iraq’s strategy for the coming years.”
    He pointed out that "the bank is consistent with the government's vision in its approach to supporting the youth group," pointing out that "the Central Bank of Iraq will provide all forms of support to make it successful."
    He stressed that "the bank will support low-income people through soft loans and simple guarantees to support vulnerable segments, and will work to diversify the non-oil economy by supporting small, medium and micro enterprises to stimulate the private sector and reduce unemployment and poverty rates in Iraq."
    Al-Nusairi stated that Riyada Bank will be a “base to launch and finance small and medium enterprises” in Iraq according to new mechanisms that support the directives of the Central Bank to reconsider the bank financing structure currently approved in banks in directions that help to move them to the real work, which is banking financing, in accordance with the vision and applications of digital transformation to provide New banking products that contribute to attracting deposits and achieving financial inclusion.”




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    Added 03/03/2024 - 9:42 AM
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    wciappetta
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    Advisor to the Association of Banks: Riyada Bank will launch lending to youth and vulnerable segment Empty Re: Advisor to the Association of Banks: Riyada Bank will launch lending to youth and vulnerable segment

    Post by wciappetta Mon Mar 04, 2024 12:07 am

    This bank is designed to prime the economic pump of civil society though soft loans almost on par with a small business administration. The question here is, will the bank be launched before the revalue or after? I believe afterwards, thus the idea of soon takes on a new meaning for us.


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    [You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible

    brooksie and Fran like this post


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