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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

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    IBT's proposal to take over the function of the development bank

    day dreamer
    day dreamer
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    Join date : 2012-12-19

    IBT's proposal to take over the function of the development bank Empty IBT's proposal to take over the function of the development bank

    Post by day dreamer Mon 14 Dec 2015, 4:58 pm

    Hamdiya Dry: IBT's proposal to take over the function of the development bank
       

    12/15/2015 0:00

    BAGHDAD - morning
    Director General of the Trade Bank of Iraq announced Hamdiya dry the possibility to take over the task of development bank to bank has available from banking expertise and technology and modern and sophisticated mechanisms of action and competencies that specializes in project financing.
    This came in an intervention in its annual banking conference held Saturday indicated that the Trade Bank of Iraq Law and rules of procedure are opening a flexible and wide for the exercise of such activity, pointing to his contribution in the financing of many different projects.
    Dry said the circumstances that befell the country in front of us to the challenges and responsibilities to stand serious and sincere and not pause for the sustainability of the rally but only to advance the development wheel forward.
    He stressed the need that the bank processes are completely in line with the pace of economic and financial packages and reforms launched by the government reform, saying the bank is ready to embrace the idea of ​​doing a job Development Bank.
    She pointed to the contribution Trade Bank of Iraq and its role in funding many infrastructure projects and various sectors and in most of the provinces that contributed to the operation of the productive sectors and create opportunities for the labor forces that disrupted economic downturn due to the falling oil price and the repercussions of the war on terror.
    It suggested that the bank initiated the first to apply the concept of financial inclusion which was adopted by the conference slogan for this session.
    Dry and confirmed that the bank has a relationship and a wide Arab and international reputation processes offer him the possibility of holding international conventions to Atthagl the shoulders of the state budget and adopt the methods of financial settlements between the bank and international institutions lenders, including the Islamic Development Bank and the Arab Monetary Fund and investment funds Arab and IFC Arab and foreign correspondent banks of the bank to
    by the institutions of global exports.
    And it showed preparations for the bank to cooperate with other Iraqi banks so as to enhance the role of the banking sector in the development process through a syndicated loan, which is sought by Trade Bank of Iraq by reaffirms it on the occasion of the convening of this conference special circumstances that require such cooperation and synergy.



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