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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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    Industrial Bank director calls for inclusion of mixed loans industrial sector initiative

    Rocky
    Rocky
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    Industrial Bank director calls for inclusion of mixed loans industrial sector initiative  Empty Industrial Bank director calls for inclusion of mixed loans industrial sector initiative

    Post by Rocky Sun 17 Jan 2016, 7:15 am

    Industrial Bank director calls for inclusion of mixed loans industrial sector initiative 

    01/17/2016

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    [rtl]BAGHDAD / Karim Jassim al-Tai / .. called the Industrial Bank of the Ministry of Finance Kazem fistula to the need for the inclusion of the mixed sector loans Industrial Initiative.[/rtl]
    [rtl]A bank manager in the industrial Kazem fistula in a statement singled out by the (economic agency dinars) initiative that industrial loans included new industrial projects as well as the inclusion of industrial production lines to the list of projects to the private sector while the mixed sector projects excluded from access to this initiative.[/rtl]
    [rtl]He fistula: It was the first inclusion of the mixed sector these loans as large companies the government has made great efforts in founding, explaining that the public sector has a large share of capital to these companies up to more than 24 companies specialized industry, food, soft drinks and petrochemicals, dyes, cartoons and industries Light and electronics.[/rtl]
    [rtl]The fistula was called to the inclusion of the existing industrial projects that have industrial production, that in the private sector or mixed and have a priority to expand and improve the product.[/rtl]
    [rtl]And he demanded to postpone the granting of loans for new projects being untested projects and there is no clear vision of the administrative-inspiring experience they own as well as that market is not formatted, noting that the industrial sector mixed your current product and sector he knows his market and knows its needs and its ability They need this money.[/rtl]
    [rtl]He pointed out that the granting of loans to existing projects to Ananaj guarantees to many projects being virtually ensure themselves.[/rtl]
    [rtl]He said that the place to give precedence to the establishment of new industrial projects for the unknown in terms of financial disclosure and reputation as well as the need for banking product that intend to produce to the need of the country to him and falls within the feasibility study him.[/rtl]
    [rtl]He noted that the fistula official data indicate that the high oil prices, the prospects are weak and may continue to fall to less costs and authorized when it is no longer worthwhile to sell the same product cost may be less, and it will have to find other resources [/rtl]
    [rtl]He pointed out that the country needs to financial abundance in the short term, and it is pointless to put a billion dollars and we get the material back after three years, explained that it is futile to give huge amounts of projects and the duration of a long-term repayment.[/rtl]
    [rtl]He stressed that the bank fistula are going to get approvals of the Supreme Committee in the Prime Minister's Office to lend a number of projects that will contribute to the development of national industry within the industrial initiative.       [You must be registered and logged in to see this link.][/rtl]

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