Established in 2006 as a Community of Reality

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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


2 posters

    Call banks to finance

    day dreamer
    day dreamer
    Interacting Investor
    Interacting Investor


    Posts : 3197
    Join date : 2012-12-19

    Call banks to finance  Empty Call banks to finance

    Post by day dreamer Mon 13 May 2013, 9:40 pm

    Call banks to finance
    development projects



    14/05/2013 12:00 AM


    Hafiz:
    Investment deposits meaningful opportunity for profits and boost the
    economy
    Baghdad - شكران the
    Fatlawi
    Collect
    experts and specialists in the economic and financial potential contribution of
    Iraqi banks in the financing of economic development projects through joint
    loans of medium and long term., And pointed out that there is a phenomenon
    chronic afflicting banks are embracing high liquidity may reach 50 percent of
    the capital of banks, but to no avail or contribute
    to the development because of the administration's inability to be invested into
    our circle of harsh criticism from several quarters ago. said economic expert d.
    Mehdi
    al-Hafez in an exclusive interview »Sabah» that this phenomenon can be addressed
    by establishing a pool bank (Banking Consortium) that provides loans are grouped
    (Syndicated Loans) medium and long-term lending to the business sector in order
    to finance existing projects or establish new projects., Adding that the feet of
    banks the
    allocation of a percentage of deposits to invest supporting the national economy
    and gives banks invest their money with meaningful opportunities and thus lead
    to improved performance and increased profits, pointing to the distribution of
    risks to the largest number of participants in the consolidated
    loan.
    Two agreements
    The
    banking expert conciliator Hassan Mahmoud Vivq with Hafiz to embrace the idea of
    ​​founding assembly banking Alconsort day but he sees the need to develop a
    mechanism Court to make this gathering via authoring committee based the
    conclusion of two agreements in this regard. First agreement concerning funders
    and the second private banks are willing to assume responsibility for management
    of syndicated loans. He
    said in the event announced assembly willingness to finance economic development
    projects will be the establishment of new projects and the provision of capital
    operation (Warking Capital) pointing to the financing of new production lines,
    financing and purchase technology in addition to funding projects complexes
    housing, hotels and restructuring of existing projects.
    Coalition
    banker
    He
    called Mahmoud need to form a pool or a coalition banker as Musharraf consists
    of the Association of private banks and the Bank Iraqi Trade and bankers
    specialists shall form a pool bank (Banking Consortium) from a number of banks,
    insurance companies and international institutions like the World Bank and arm
    financial Ifc as well as Opic stressing that failure to do thus
    lead to a denial of the national economy from the investment of capital is not a
    small code that could contribute to rebuilding the home or rehabilitation of new
    projects, on the one hand and the other hand, capital investment this if Maatmkn
    banking system and put it at the disposal of the national economy will have
    positive effects many
    noting that the investment is a cornerstone of efforts to revive the economy and
    stimulate economic activities in his goods and services.
    He
    pointed out that all of this in the best increase in GDP, increase employment
    and reduce unemployment and increase tax revenues and not only this, but extends
    to enrich the balance of payments, whether to increase the production of these
    for the purpose of import or compensation were directed to increase
    exports.
    Poor understanding and
    coordination
    The
    banking expert on behalf of Jamil Antoine has attributed the reasons for failure
    of the banking sector to the weakness of understanding and cooperation between
    the central bank and private banks in terms of providing logistical assistance
    and technical them. Jameel said there are weak understanding and joint
    coordination between the central bank and private banks regarding the evolution
    of the banking system and to identify the most important constraints banking
    to
    find solutions to them, adding that this spacing between the Central Bank and
    local banks have made a big gap in their work rendered control and government
    control over the work of private banks and trading operations of financial and
    banking sectors. drew Antoine to that in spite of the Investment Law No. 13 of
    2006 has excluded investment in
    the banking sector of its provisions, but the investment in the banking sector
    takes its legal framework on the basis of legal central bank No. 56 of 2004,
    banks No. 94 of 2004, with a minimum of the founding of any bank in Iraq's 100
    billion Iraqi dinars, up to $ 85 million.
    Bank
    for Reconstruction and Development
    For
    his part, suggested financial advisor d. Akram
    Mohamed Hassan establish a bank of reconstruction and development of Iraq
    specific tasks essential help of the private sector in the process of financing
    investment opportunities long-term more than interested in obtaining capital
    gains fast. Said the possibility that the Bank provide loans to existing
    projects and new projects, particularly those projects bound for export to their
    ability to providing
    hard currency useful that returns potential generated by these projects are
    greatly influenced by changes possible exchange rates and interest rates in the
    international market., and pointed out that the Bank of Reconstruction and
    Development proposal will provide the necessary funding for these projects may
    contribute to the decline of these potential risks, pointing out that this
    orientation
    may push to encourage foreign capital to participate in these projects which
    contribute to bring managerial expertise and marketing necessary to raise the
    chances of success for these projects.


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    Hkp1
    Hkp1
    Interacting Investor
    Interacting Investor


    Posts : 3118
    Join date : 2012-12-19

    Call banks to finance  Empty Call for banks to finance development projects

    Post by Hkp1 Tue 14 May 2013, 9:39 am

    Call for banks to finance development projects


    14/05/13 06: 41

    Gather
    experts and specialists in economic and financial affairs on the
    potential contribution of Iraqi banks in financing economic development
    projects through syndicated loans middle and long term and noted that
    there is a chronic phenomenon experienced by banks is embracing the high
    liquidity of up to 50 percent of the capital of banks without success
    or contribution to development because of the inability of the
    investment management service has established strong criticism by
    several economic expert, said Dr. Mahdi Al-Hafez, in an exclusive
    interview for» morning» that this phenomenon can Addressed by
    establishing a bank pool (Banking Consortium) provides pooled loans
    (Syndicated Loans) medium-and long-term lending business to finance
    existing projects or create new projects, adding that the percentage of
    banks deposits to investment supports the national economy investing
    banks provides opportunities for meaningful and result in improved
    performance and increased profits to spread risk over a greater number
    of participants in the loan pool.

    Two conventions

    Banking
    expert muwafaq Hassan Mahmoud, agreed with the keeper to embrace the
    idea of founding the banking gathering alkonsort day but felt the need
    to establish a mechanism for the work of this Assembly through the
    Committee conclude two agreements. the first Convention for funders and
    the second for banks wishing to assume responsibility for managing the
    loans. "RCD announced in its readiness to finance economic development
    projects will establish new projects and provide capital (Capital
    Warking) pointing to the financing of new production lines and the
    financing and purchase technology in addition to financing projects
    complexes Housing and hotels and the restructuring of existing projects.

    A bank consortium

    Mahmud
    called for the need to form a coalition or caucus as bank supervisor
    consists of the Association of private banks and the Iraqi Trade Bank
    and bankers who formed a banking pool specialists (Banking Consortium)
    from a number of banks, insurance companies and international
    institutions such as the World Bank and Ifc financial arm as well as
    Opic, saying failure to do so would deprive the economy of investment
    capital not insignificant disabled can contribute to national
    reconstruction or rehabilitation of new projects, on the other hand,
    investment Such capital if the banking system that can put at the
    disposal of the national economy will have many positive effects, noting
    that investment is a cornerstone in the efforts to revive the economy
    and stimulate economic activities in its commodity and service.

    He
    pointed out that all of this will increase GDP and increase employment
    and to reduce unemployment and increase tax revenues and not only this,
    but also to enrich the balance of payments, whether to increase
    production of these import or compensation for increased exports.

    Weak understanding and coordination

    Banking
    expert with the beautiful name Antoine has returned to the banking
    sector failure causes poor understanding and cooperation between the
    Central Bank and private banks in terms of logistical and technical
    assistance. beautifully there weak understanding and coordination
    between the Central Bank and private banks on the development of the
    banking system and identify the most important obstacles to finding the
    necessary solutions, adding that the spacing between the Central Bank
    and local banks made a big gap in their lost control and Government
    control over the work of private banks and banking and financial
    transactions. He drew Antoine that although the investment law No. 13 of
    2006 has excluded investment in the banking sector of its investment in
    the banking sector takes its legal framework based on Central Bank Law
    No. 56 of 2004, banks no. 94 of 2004, the minimum to establish a bank in
    Iraq 100 billion Iraqi dinars, or $ 85 million.

    Bank for reconstruction and development

    Financial
    Advisor, suggested Dr. Akram Mohamed Hassan founded the Iraqi
    reconstruction and Development Bank selected core functions with the
    help of the private sector in the financing of long-term investment
    opportunities more rapid capital profits. the possibility that bank
    lending to existing projects and new projects, especially those destined
    for export to its ability to provide the hard currency that potential
    revenue generated by these projects are largely influenced by possible
    changes in exchange rates and interest rates in the international
    market, he said. The proposed Bank of reconstruction and development
    will provide the necessary funding for such projects may contribute to
    the decline of these potential risks, pointing out that this trend may
    push to encourage foreign capital to participate in these projects which
    contribute to bring managerial expertise and marketing necessary to
    raise the chances of success for these projects.

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