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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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    Central Bank launches amounts of medium and small loans early July

    wciappetta
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    Central Bank launches amounts of medium and small loans early July Empty Central Bank launches amounts of medium and small loans early July

    Post by wciappetta Tue 23 Jun 2015, 7:14 am

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    The main road leading from Allawi area to the intersection of the Baghdad International Fair, west of Baghdad, which passes close to the famous theme park in the capital Zora Imaging (Mahmoud Raouf)
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    Author: ASJ, HA, HH 
    Editor: HA, HH 6.23.2015 twelve forty-three number of readings: 214 

     
    Long-Presse / Baghdad 
    Iraqi Central Bank announced on Tuesday the launch of loan amounts for medium and small projects by the private Iraqi banks early next month of July, and pointed out that the loan amounts will reach up to 50 million dinars, as he emphasized that banks benefit will not exceed 5.5%.


    The governor of the Central Bank on the Keywords in an interview to the (long-Presse), "The central bank's decision to allocate trillion dinars to the private banks and directed to establish medium and small projects will begin early next month (July)," noting that the goal of these projects is to achieve economic development and social and support small and medium-sized economic projects and run with outstanding skills the workforce. "


    Keywords and added that "the amounts to be allocated to projects in target sectors (industrial, agricultural, housing, commercial, educational, health, tourism)," pointing out that "all Iraqi private banks covered by this decision for those who wish to work out."


    Keywords and pointed out that "banks will lend to citizens who wish to obtain a loan for the project and when given him the that the bank introduced the statements monthly amounts lent to allow the central bank by providing those amounts according to the benefits is subject to her parties mechanisms (central bank and private banks)."


    Keywords and stressed that "citizens can in any province in Iraq borrow sums amounting to 50 million dinars and that the recovery period not exceeding three years, either for the benefit of the bank decided that the interest rate borne by the borrower on the 5.5% rate of not more than."


    For his part, President of the Association of private banks and depositary Handal said in an interview to the (long-Presse), said that "those loans constitute a great service to the country's economy because they will absorb a large part of unemployment as well as they would move local Iraqi productive sectors not to mention the support of the Iraqi market."


    Handal said that "the Bank's initiative will enhance confidence between the citizen and the private banks and bridges make it there for a long continuous confidence and work among the branches of the banks and their clients from the citizens."


    The Central Bank of Iraq, announced on Tuesday (June 19, 2015), the launch trillion dinars for private banks to finance small and medium enterprises loans, and increase the share of dollar sales for banking companies and foreign transfers, pointed out the development of measures to to address the lack of liquidity in some banks.


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    weslin3
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    Central Bank launches amounts of medium and small loans early July Empty Re: Central Bank launches amounts of medium and small loans early July

    Post by weslin3 Tue 23 Jun 2015, 7:53 am

    I would think that they would need the rv to launch this.
    Proven
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    Central Bank launches amounts of medium and small loans early July Empty Re: Central Bank launches amounts of medium and small loans early July

    Post by Proven Tue 23 Jun 2015, 10:23 am

    Now it is getting interesting.  Ties to this article:


    Expert (time): We expect improved financial dealings central lifting dollar sales

    – May 19, 2015

    Weights emphasize flexibility in the launch of loans banks

    BAGHDAD - just Kazem[/size]
    [/color]
    [/b][/color][/size]Iraqi Central Bank to raise the share of dollar sales for banking companies and foreign transfers, and fired amount trillion dinars for private banks to finance projects loans, while praised economist these procedures, which aims to abolish the central bank auction and liberalization of banks in granting loans.

    e added that he (as the bank reduced the cash reserve whenever helped banks and encouraged them to launch loans and to clarify the last that banks put up the dollar, accompanied by a shortage of financial liquidity lead to a scarcity of credit, but if it is to reduce the reserve and pay to the market and of the amount trillion dinars, the liquidity will increase and thus will increase with it financial loans from banks and banks) Mahouelle He explained that (the next term will see a rise in the number of projects and loan values ​​and the local economy will see a quantum leap restore the Iraqi economy and prestige of the local currency).


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    weslin3
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    Central Bank launches amounts of medium and small loans early July Empty Re: Central Bank launches amounts of medium and small loans early July

    Post by weslin3 Tue 23 Jun 2015, 12:00 pm

    :hum:Very interesting... Thanks Proven!
    Screwball
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    Central Bank launches amounts of medium and small loans early July Empty Re: Central Bank launches amounts of medium and small loans early July

    Post by Screwball Tue 23 Jun 2015, 5:11 pm

    Proven wrote:Now it is getting interesting.  Ties to this article:


    Expert (time): We expect improved financial dealings central lifting dollar sales

    – May 19, 2015

    Weights emphasize flexibility in the launch of loans banks

    BAGHDAD - just Kazem[/size]
    [/color]
    [/b][/color][/size]Iraqi Central Bank to raise the share of dollar sales for banking companies and foreign transfers, and fired amount trillion dinars for private banks to finance projects loans, while praised economist these procedures, which aims to abolish the central bank auction and liberalization of banks in granting loans.

    e added that he (as the bank reduced the cash reserve whenever helped banks and encouraged them to launch loans and to clarify the last that banks put up the dollar, accompanied by a shortage of financial liquidity lead to a scarcity of credit, but if it is to reduce the reserve and pay to the market and of the amount trillion dinars, the liquidity will increase and thus will increase with it financial loans from banks and banks) Mahouelle He explained that (the next term will see a rise in the number of projects and loan values ​​and the local economy will see a quantum leap restore the Iraqi economy and prestige of the local currency).


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    That abrupt change in exchange rate is what we are looking for!
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    Central Bank launches amounts of medium and small loans early July Empty Re: Central Bank launches amounts of medium and small loans early July

    Post by Screwball Tue 23 Jun 2015, 5:14 pm

    Loans , interest rates, monthly statements, 3 years for loan repayment? Hmmmm. Up to 50,000,000 dinars! Seams like we are getting modernised!

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    Central Bank launches amounts of medium and small loans early July Empty Re: Central Bank launches amounts of medium and small loans early July

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