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The completion of 90% of the stages of the restructuring of the Rafidain and Rasheed

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rocky
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The completion of 90% of the stages of the restructuring of the Rafidain and Rasheed

Post by rocky on Sat 20 Feb 2016, 9:20 am

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Rasheed Bank
The completion of 90% of the stages of the restructuring of the Rafidain and Rasheed


Author: AB, ASJ 
Editor: AB 20/02/2016 14:25 Number of Views: 240 



 
Long-Presse / Baghdad
It revealed that the Ministry of Finance, on Saturday, announced the completion of 90% of the stages of structuring bank Rafidain and Rasheed, and confirmed the restructuring project to proceed through a global mechanism to support Iraq's financial situation.
The general director of the Bank of Rasheed Mohammed Abdel-Wahab said in an interview to the (long-Presse), "The restructuring process of bank Rafidain and Rasheed began years ago in order to give greater support to banks through the credit mechanism globally."
He said Abdul Wahab, that "90% of the stages of the restructuring of the two banks has so far," stressing that "the process of a restructuring of the two banks to support the Iraqi financial situation."
He had revealed the governor of the Iraqi Central Bank on the Keywords, in the (November 2015), for a proposal to restructure the bank Rafidain and Rasheed to the large number of administrative and technical their problems, as he pointed to the possibility of putting some of their shares to the private sector.
The Rafidain Bank confirmed, in the (November 2014), demanding that parliament was restructuring with Rasheed Bank, does not mean separated from the Ministry of Finance, but come to improve and Aqahma and increase their efficiency and automation of their work along the lines of international banks, noting that cases of breach, which recently witnessed stimulated with the Central Bank of Iraq, to ​​reconsider the system of electronic clearing of controls "tougher" to control it almost completely. 
The banking system in Iraq consists of 43 banks, as well as the central bank, and are distributed according to the property between the seven state-owned, and 30 waged, including seven Islamist, as well as six foreign banks.

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rocky
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The completion of 90% of the stages of the restructuring of the Rafidain and Rasheed

Post by rocky on Sun 21 Feb 2016, 3:56 am

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 Baghdad / long-Presse 

Revealed that the Ministry of Finance, on Saturday, announced the completion of 90% of the stages of bank restructuring Rafidain and Rasheed, confirmed the move to draft restructuring through a global mechanism to support Iraq's financial situation. 
The general director of the Bank of Rasheed Mohammed Abdel-Wahab said in an interview to the (long-Presse), "The bank restructuring Rafidain and Rasheed process that began years ago in order to give the biggest banks support through credit mechanism globally. " 
said Abdul Wahab, that" 90% of the stages of the restructuring of the two banks has so far, "stressing that" the process of a restructuring of the two banks to support the Iraqi financial situation. " 
the governor of the Iraqi Central Bank on the Keywords have revealed, in the (November 2015), for a proposal to restructure the bank Rafidain and Rasheed to the large number of administrative and technical their problems, as he pointed to the possibility of putting some of their shares to the private sector. 
the Rafidain Bank confirmed, in the (November 2014) , demanding that parliament was restructuring with Rasheed Bank, does not mean it separated from the Ministry of Finance, but come to improve and Aqahma and increase their efficiency and automation of their work along the lines of international banks, noting that cases of breach recently witnessed that motivated with the Central Bank of Iraq, to reconsider the system of electronic clearing to put Posting "tougher" to control it almost completely.
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Labour announce the names of new borrowers and invite them to review the Rafidain Bank to receive th

Post by rocky on Sun 21 Feb 2016, 7:40 am

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Labour announce the names of new borrowers and invite them to review the Rafidain Bank to receive their loans

February 21, 2016


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Our economy / Baghdad
The Ministry of Labour and Social Affairs, on Sunday, new names to borrowers within the lending fund programs for meals of (1-14), while inviting them to review the branches of the Rafidain Bank to receive the loan amount.
A spokesman for the Ministry of Labour Ammar Menem said in a statement the agency of our economy News received a copy of it, "The ministry published new names to borrowers within the lending fund which includes support small income-generating projects, industrial services program, a snack all on the website while inviting them to review the Rafidain Bank branches specified according to figures published instruments on the website. " 
He said Menem, that "the new meal included 348 borrowers under the Fund program to support small industries and services from advanced projects within the ministry outlets in the capital, Baghdad, (Mahmudiyah, and saffron, and Rusafa / Rashad, and Mutassim, torch, Waziriya, and Abu Ghraib, welding, and newborn).

And between, "The ministry identified the five branches of the Rafidain Bank, namely, (caliphs, Jerusalem, and Kadhimiya, and Sinak, the new Arab neighborhood) for the distribution of the second batch of loans between stated their names on the website of the Ministry." 
He said, "The upper limit per loan ranged between (8-12) million and includes job seekers registered in the ministry database," adding that "the ministry instructed to simplify the procedures followed in the granting of loans, such that the signing of the department director and his agent and the borrower as well as the thumbprint of the borrower within the procedures to approve the granting of the loan. "



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Re: The completion of 90% of the stages of the restructuring of the Rafidain and Rasheed

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