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Economic: the Trade Bank of Iraq Kurdistan lending process professional
THURSDAY, 19TH MARCH 2015
Twilight news assured the Committee of Economic Affairs of the Government of Iraq, Thursday, that the Trade Bank of Iraq lend the Kurdistan Regional Government and the Central Bank in the territory, banking operations, financial professional.
The Commission received for "twilight news, it held its eighth meeting, on Wednesday, chaired by Deputy Prime Minister روﮊ Nouri shawis and membership of Ministers of finance, oil, planning, trade, industry and mining, agriculture, Deputy Governor of the Iraqi Central Bank and Deputy Secretary-General of the Council of Ministers and the Prime Minister's Advisor for Economic Affairs and head of the Legal Department in the Prime Minister's Office.
The statement noted that the meeting was attended by the President of the parliamentary Finance Committee, Ahmad Chalabi, a member of the Parliamentary Committee on the economy and investment, Ahmad Salim Ahmad and Chief Adviser, thamir Abbas ghadhban and Advisor to the Prime Minister for Economic Affairs Mohammad Saleh appearance and Director General of the CBI in Erbil Adham Karim Darwish, Director of TBI hamdiya Mahmoud dry.
The statement noted that the Committee had discussed the subject of private banks to support their role in the reconstruction and development of the country and to give them a wider area in the process of economic transformation towards a market economy and to contribute to the process of increasing the proportion of GDP through support to private-sector activity, octagonal Central Bank roles and the Trade Bank of Iraq in support of those banks.
The Committee decided that the Central Bank of Iraq and the Trade Bank of Iraq to provide liquidity to banks suffering from traumatic civil liquidity as a result find customers in reimbursement to those banks in Exchange for these banks to provide guarantees and bank guarantees acceptable to both sides.
The Committee also discussed the topic of banking policy pursued by the Trade Bank of Iraq, particularly the question of lending to the Kurdistan Regional Government and the Central Bank of Iraq in the region, noting that the Commission found as a financial professional and banking there is no loan granted by the Trade Bank of Iraq to two sides.
The Commission stressed in its statement that the Bank in light of the significant financial potential it continue funding all activities of its high confidence as a financier for the Government sector, stressing the Iraqi Parliament and State responsibility in not allowing the promotion of rumors affecting financial reputation and prestige among the international banks.
The Committee demanded in conclusion TBI sending its accounts audited financial statements to the relevant authorities in accordance with the principles of disclosure and transparency.
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THURSDAY, 19TH MARCH 2015
Twilight news assured the Committee of Economic Affairs of the Government of Iraq, Thursday, that the Trade Bank of Iraq lend the Kurdistan Regional Government and the Central Bank in the territory, banking operations, financial professional.
The Commission received for "twilight news, it held its eighth meeting, on Wednesday, chaired by Deputy Prime Minister روﮊ Nouri shawis and membership of Ministers of finance, oil, planning, trade, industry and mining, agriculture, Deputy Governor of the Iraqi Central Bank and Deputy Secretary-General of the Council of Ministers and the Prime Minister's Advisor for Economic Affairs and head of the Legal Department in the Prime Minister's Office.
The statement noted that the meeting was attended by the President of the parliamentary Finance Committee, Ahmad Chalabi, a member of the Parliamentary Committee on the economy and investment, Ahmad Salim Ahmad and Chief Adviser, thamir Abbas ghadhban and Advisor to the Prime Minister for Economic Affairs Mohammad Saleh appearance and Director General of the CBI in Erbil Adham Karim Darwish, Director of TBI hamdiya Mahmoud dry.
The statement noted that the Committee had discussed the subject of private banks to support their role in the reconstruction and development of the country and to give them a wider area in the process of economic transformation towards a market economy and to contribute to the process of increasing the proportion of GDP through support to private-sector activity, octagonal Central Bank roles and the Trade Bank of Iraq in support of those banks.
The Committee decided that the Central Bank of Iraq and the Trade Bank of Iraq to provide liquidity to banks suffering from traumatic civil liquidity as a result find customers in reimbursement to those banks in Exchange for these banks to provide guarantees and bank guarantees acceptable to both sides.
The Committee also discussed the topic of banking policy pursued by the Trade Bank of Iraq, particularly the question of lending to the Kurdistan Regional Government and the Central Bank of Iraq in the region, noting that the Commission found as a financial professional and banking there is no loan granted by the Trade Bank of Iraq to two sides.
The Commission stressed in its statement that the Bank in light of the significant financial potential it continue funding all activities of its high confidence as a financier for the Government sector, stressing the Iraqi Parliament and State responsibility in not allowing the promotion of rumors affecting financial reputation and prestige among the international banks.
The Committee demanded in conclusion TBI sending its accounts audited financial statements to the relevant authorities in accordance with the principles of disclosure and transparency.
[You must be registered and logged in to see this link.]
