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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


    Iraqi banks granted loans to citizens without interest

    Rocky
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    • Post n°1

    Iraqi banks granted loans to citizens without interest Empty Iraqi banks granted loans to citizens without interest

    Post by Rocky Wed 17 Aug 2016, 3:32 pm

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    2016/08/17 | 17:00

    (Encyclopedia of the day for news | [You must be registered and logged in to see this link.] ) -
    Special - NEN Iraq

    Committed to economic and investment commission in Parliament, all banks to grant industrial, agricultural and residential loans by a few benefits, asserting that the project lending citizens will move the development wheel in the event of exploited better.

    A member of the committee MP Harith Chanchal through press statements that Iraq needed to support the economic sectors through the creation of a development process and productivity of these come through the granting of soft loans to citizens and professionals from the agricultural and industrialists to enable them to set up their projects.

    He added that the Committee on Economy held a lengthy meeting with a number of specialized government banks managers and discussed with them the granting of loans and the interest rate mechanism resulting from them, stressing that the Commission has committed those banks to grant loans a few financial benefits.

    And bank loans play a role in increased economic activity and moving the national economy through money borrowed to invest and employ them in projects that serve the country's economy in various sectors of agricultural, industrial and service and not fully rely on Rei, one supplier exhibition burnout.

    For its part promised financial expert Fawzia Sharhan Kaabi, micro, small and medium financed through bank loans projects, the mission and the player the major role in the economic development process, pointing at the same time it is an important source of job creation, especially among young people and a means are important for the operation of labor and the elimination of the problem of unemployment accompanied by the support of income, especially in the current circumstances of the country.

    He said al - Kaabi said the move comes to coincide with what appropriated the Central Bank of the amount of six trillion five hundred billion dinars in order to achieve the government 's plan to restructure Iraq 's economy and moving it from unilateral economic side to the productive economy, and for various industrial, agricultural and housing and services sectors, service to the process of economic development and to get rid of the stage of theeconomic downturn prevailing. 

    I promised the development of enterprises, the economic nerve is important to the magnitude of the supplement to the revenues the state and revive the economy through taxes and fees , calling at the same time the need tostrengthen the role of financial control by the central bank and by the committees fair interest of public money. 

    showed that the bank is working to overcome obstacles to the beneficiaries by giving them a grace period of 3 months and the duration of the payment of 3.2 years and an interest rate not to exceed 10 percent in order to move the wheel of the local economy and get rid of the recession.

    In terms of projects, housing loans Kaabi, which occupies the post of director of Sumer neighborhood branch of the Rasheed Bank said: devoted to the roof of credit of 35 billion dinars for the Rasheed Bank that gives $ 50 million, for a student loan as an addition to build or to support the land in order for the Advancement of Housing and reduce sector the housing crisis that the country has suffered over three consecutive decades.

    The central bank had allocated trillion dinars for private banks, and 5 trillion dinars for banks (agricultural, industrial and real estate-governmental organizations) to lend to small business owners, after the adoption of instructions governing the work of guaranteed bank loans companies according to government regulations and programs prepared by the central bank.

    And on the introduction of the electronic currency trading he added saying it is working to raise the level ofperformance in providing services to clients as well as reduced operational costs for banks over the disposal of theprevailing traditional methods accompanied by reduced monetary mass circulating in business dealings and reduce counterfeiting. 

    She suggested the presence of features for dealer and the consumer and the bank both by the use of electronic currency through ease of use and reduce theft , concluding her speech the need for the action plan 2016 2020 calling for the need to work the electronic banking for banks and financial institutions technology.

    The Prime Minister and Finance Advisor appearance of Mohammed Saleh said in previous statements, he said that the loans provided by banks for the development of economic projects, particularly in the industrial sector does not work does not fill the needs of enterprises.

    Indicating that all the loans they borrow laboratories and small entrepreneurs are not enough to meet the needs of the lab if they were not backed by real support from the Iraqi government, noting that the loan is not sufficient for the advancement of the industrial sector, despite the facilities.

    He added that factories need large machinery and equipment and to the distinct and attractive site is available in which all the elements of industrial sector supported by the government, nor could last bank loans.

    He continued talk that the State must provide housing complexes and gave interest-free loans and provide protection and support to the industrial plants for the promotion of locally manufactured goods to compete with foreign goods and reduce the external import.


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    Rocky
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    Posts : 281905
    Join date : 2012-12-21
    • Post n°2

    Iraqi banks granted loans to citizens without interest Empty Parliamentary economy requiring all banks to grant citizens' interest-free loans

    Post by Rocky Wed 17 Aug 2016, 3:34 pm

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    2016/08/17 | 16:50

    (Encyclopedia of the day for news | [You must be registered and logged in to see this link.] ) -
    Special - NEN Iraq


    Committed to economic and investment commission in Parliament, all banks to grant industrial, agricultural and residential loans by a few benefits, asserting that the project lending citizens will move the development wheel in the event of exploited better.

    A member of the committee MP Harith Chanchal through press statements that Iraq needed to support the economic sectors through the creation of a development process and productivity of these come through the granting of soft loans to citizens and professionals from the agricultural and industrialists to enable them to set up their projects.

    He added that the Committee on Economy held a lengthy meeting with a number of specialized government banks managers and discussed with them the granting of loans and the interest rate mechanism resulting from them, stressing that the Commission has committed those banks to grant loans a few financial benefits.

    And bank loans play a role in increased economic activity and moving the national economy through money borrowed to invest and employ them in projects that serve the country's economy in various sectors of agricultural, industrial and service and not fully rely on Rei, one supplier exhibition burnout.

    For its part promised financial expert Fawzia Sharhan Kaabi, micro, small and medium financed through bank loans projects, the mission and the player the major role in the economic development process, pointing at the same time it is an important source of job creation, especially among young people and a means are important for the operation of labor and the elimination of the problem of unemployment accompanied by the support of income, especially in the current circumstances of the country.

    He said al - Kaabi said the move comes to coincide with what appropriated the Central Bank of the amount of six trillion five hundred billion dinars in order to achieve the government 's plan to restructure Iraq 's economy and moving it from unilateral economic side to the productive economy, and for various industrial, agricultural and housing and services sectors, service to the process of economic development and to get rid of the stage of theeconomic downturn prevailing. 

    I promised the development of enterprises, the economic nerve is important to the magnitude of the supplement to the revenues the state and revive the economy through taxes and fees , calling at the same time the need tostrengthen the role of financial control by the central bank and by the committees fair interest of public money. 

    showed that the bank is working to overcome obstacles to the beneficiaries by giving them a grace period of 3 months and the duration of the payment of 3.2 years and an interest rate not to exceed 10 percent in order to move the wheel of the local economy and get rid of the recession.

    In terms of projects, housing loans Kaabi, which occupies the post of director of Sumer neighborhood branch of the Rasheed Bank said: devoted to the roof of credit of 35 billion dinars for the Rasheed Bank that gives $ 50 million, for a student loan as an addition to build or to support the land in order for the Advancement of Housing and reduce sector the housing crisis that the country has suffered over three consecutive decades.

    The central bank had allocated trillion dinars for private banks, and 5 trillion dinars for banks (agricultural, industrial and real estate-governmental organizations) to lend to small business owners, after the adoption of instructions governing the work of guaranteed bank loans companies according to government regulations and programs prepared by the central bank.

    And on the introduction of the electronic currency trading he added saying it is working to raise the level ofperformance in providing services to clients as well as reduced operational costs for banks over the disposal of theprevailing traditional methods accompanied by reduced monetary mass circulating in business dealings and reduce counterfeiting. 

    She suggested the presence of features for dealer and the consumer and the bank both by the use of electronic currency through ease of use and reduce theft , concluding her speech the need for the action plan 2016 2020 calling for the need to work the electronic banking for banks and financial institutions technology.

    The Prime Minister and Finance Advisor appearance of Mohammed Saleh said in previous statements, he said that the loans provided by banks for the development of economic projects, particularly in the industrial sector does not work does not fill the needs of enterprises.

    Indicating that all the loans they borrow laboratories and small entrepreneurs are not enough to meet the needs of the lab if they were not backed by real support from the Iraqi government, noting that the loan is not sufficient for the advancement of the industrial sector, despite the facilities.

    He added that factories need large machinery and equipment and to the distinct and attractive site is available in which all the elements of industrial sector supported by the government, nor could last bank loans.

    He continued talk that the State must provide housing complexes and gave interest-free loans and provide protection and support to the industrial plants for the promotion of locally manufactured goods to compete with foreign goods and reduce the external import.


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