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Expectations of achieving a quantum leap in the sectors of energy, construction
4/12/2016 0:00
[rtl]BAGHDAD / Farah pumice
after the signing of the Trade Bank of Iraq a memorandum of understanding with both GE and Standard Chartered Bank to provide funding to accelerate the pace of work in energy projects and infrastructure in Iraq, an economist predicted to witness these sectors new renaissance, especially with the imminent full liberalization Iraqi territory .okan Director General and chairman of the trade Bank of Iraq administration agency Faisal Alheims may count memorandum of understanding " the embodiment of " the obligation of the bank with the support of national growth march , which is based largely on providing a strong infrastructure to achieve economic growth and ensure the welfare and prosperity of the people Alaraca.oukal: "We will cooperate with our partners to ensure the employment of funding provided by the memorandum of understanding way back interest rate realized on the development of infrastructure in our projects, especially in the energy sector, as it will contribute to the financing of this transaction Bank Group Ahli United, based in the Kingdom of Bahrain, who will participate as a financier secondary in the first compound witnessed sector loan Iraqi banking as well as major donors are the trade Bank of Iraq (TBI) and Standard Bank Chartrd.obouksos signing of the MOU, noted economist Rahim al - Shammari to the importance of entering into partnerships with banks and global banks with branches in most countries
Alm.orjeh expert to witness the sectors of energy and infrastructure infrastructure over the next three years , a revival after this note and previous agreements like her, inaddition to the near complete liberation of the Iraqi territories, stressing the importance of the work of banks paying great importance, because it is currently the "president" of theeconomy in the countries of the world the operator.
And about the importance of the "OPEC" agreement last cut oil production on thebanking business, Shammari pointed out that this agreement will contribute to the lifting of crude oil prices globally, and indeed increased, which provides the financial liquidity of the state through banks that yield for operating funds and the return of the soul to Iraqi economy.
As the expert that " the government and private banks have seen a recent move to good Not, because they need to win the confidence of the global market, which prompted thegovernment to deal with Washington to cover Treasury bonds."[/rtl]
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