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Call the Central Bank: Ataatrk developmental Trliunatk at the mercy of private banks
By: Gazwan on: Tuesday 02/10/2015 2:02
student Economic Media Center, the Central Bank of Iraq, that "stress control over the banks that benefit from the amounts granted to stimulate development, and to ensure that she went in the right direction" .ris Center, Dergham Mohammed Ali, point some flaws contained in the work of banks, regarding this aspect in his speech, "Iraq today": "
The banks, to grant facilities, The rates reasonable interest, not strain the borrowers ", and opinion on, that these loans, you must leave the focus in the world of industrial projects:" We must be employed in industrial projects, constitute a shift of the Iraqi private sector, which suffered a big drop in turn in national development ", and advised Ali also, private banks, that to not miss that opportunity, to develop their performance:" If the private banks, to take advantage of this opportunity, to develop their performance, and to benefit of these amounts in the development of performance, and the expansion of credit to the base, and cover a larger number of projects. "The Central Bank of Iraq, had decided earlier, commercial banks support, five trillion Iraqi dinars, and the financing of the budget, six trillion dinars, among the new law Central Bank of Iraq, No. 56 of 2004, granting independence of the central bank's monetary policy management in Alarac.ivkr The Central, announced last Sunday, the first of February, he had taken a series of decisions, including, the appointment of a representative of the private banks, the Board of Directors Central Bank, and other decisions, he drew the statement cited for "Iraq today," they've been "The approval of the Central Bank, to cover bank accounts abroad to the US dollar, to cover imports of customers, and for other purposes without the need to pass a window sell the currency in the bank Iraqi Central Bank and assume control over these operations, within a simplified and transparent mechanism, with the development of the creation of capacities and capabilities plan to activate documentary credits, rather than the current method, and coordination with the banks in this regard, "and about the deposit law, confirmed the statement, the intention" to speed up the enactment of laws guarantee deposits, "as The statement noted that the central will raise" recommendation to the government, to accept the state's institutions of instruments issued by private banks, as well as the receipt of taxes and fees in favor of the government, "and around the bank interest, the statement said:" would form a committee to reconsider the restructuring benefits , including expands credit and liquidity provision. "
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By: Gazwan on: Tuesday 02/10/2015 2:02
student Economic Media Center, the Central Bank of Iraq, that "stress control over the banks that benefit from the amounts granted to stimulate development, and to ensure that she went in the right direction" .ris Center, Dergham Mohammed Ali, point some flaws contained in the work of banks, regarding this aspect in his speech, "Iraq today": "
The banks, to grant facilities, The rates reasonable interest, not strain the borrowers ", and opinion on, that these loans, you must leave the focus in the world of industrial projects:" We must be employed in industrial projects, constitute a shift of the Iraqi private sector, which suffered a big drop in turn in national development ", and advised Ali also, private banks, that to not miss that opportunity, to develop their performance:" If the private banks, to take advantage of this opportunity, to develop their performance, and to benefit of these amounts in the development of performance, and the expansion of credit to the base, and cover a larger number of projects. "The Central Bank of Iraq, had decided earlier, commercial banks support, five trillion Iraqi dinars, and the financing of the budget, six trillion dinars, among the new law Central Bank of Iraq, No. 56 of 2004, granting independence of the central bank's monetary policy management in Alarac.ivkr The Central, announced last Sunday, the first of February, he had taken a series of decisions, including, the appointment of a representative of the private banks, the Board of Directors Central Bank, and other decisions, he drew the statement cited for "Iraq today," they've been "The approval of the Central Bank, to cover bank accounts abroad to the US dollar, to cover imports of customers, and for other purposes without the need to pass a window sell the currency in the bank Iraqi Central Bank and assume control over these operations, within a simplified and transparent mechanism, with the development of the creation of capacities and capabilities plan to activate documentary credits, rather than the current method, and coordination with the banks in this regard, "and about the deposit law, confirmed the statement, the intention" to speed up the enactment of laws guarantee deposits, "as The statement noted that the central will raise" recommendation to the government, to accept the state's institutions of instruments issued by private banks, as well as the receipt of taxes and fees in favor of the government, "and around the bank interest, the statement said:" would form a committee to reconsider the restructuring benefits , including expands credit and liquidity provision. "
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