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Keywords announce the presence of five points to monitor the granting of loans banks are required to publish their data
09/12/2015
BAGHDAD / Noor Ali
The Commission on the economy and investment representative, on Friday, to lend to the central bank for industrial and agricultural projects, housing campaign is the largest in terms of financial allocations, and in the Central announced that there are five actors assume control over the granting of such loans, economists called for the need to make sure she went to finance useful investments Iraqi economy under the current circumstances.
She said a member of the economic and investment commission in Parliament, Najiba Najib, in an interview with the "long", "This is the first time the central bank to announce the launch of the largest lending campaign, which means that the citizens begin making the ideas of their projects," noting that "those who want to that offers a product project or economic idea for agricultural projects or industrial him that the submission of papers to the banks so as not to be limited to a specific category.
"She explained Najib said" the value of small business loan will be 50 million medium-sized enterprises 100 000 000 The large projects would be the upper limit for lending which is 3 billion dinars,
"and increased that" the lending process depends on the type of project and will contribute to the support of the gross domestic product of Iraq and the economy, as well as providing job opportunities for the citizens, "banks are required to take caution in the lending process.
The Prime Minister's Office announced, on Sunday ( September 6, 2015) for disbursement of loans to banks sector amounting to five trillion dinars controls, indicating that the industrial and agricultural banks obtained the 66 percent of them equally, while all of the real estate banking and housing fund earned 17 percent on each and every one of them. In the same context stressed the Governor of the Central Bank of Iraq on the Keywords, on Friday, that there are five actors assume control over the granting of central bank loans to ensure the integrity and transparency of lending, as banks obliged to publish data on all loans granted by the first hand in order to achieve transparency and community control.
Keywords and said in a statement received (range), a copy of it, that "the Central Bank of Iraq was allocated five points assume control over the granting of central bank loans to ensure the integrity and transparency of loans granted."
He added Keywords, that "the central obliged banks to publish data on all loans granted by the aphid investigation transparency and community control. " For his part, says economic expert, Dr. Ahmed Rehn in an interview for the "long", "in the case of completion of projects and submit them in a year, it will contribute to the recovery of investment in the private sector," noting that it "needs a banking system following the well and makes sure to act in the amount of development loan
"." The three banks namely agricultural, industrial and commercial is from this task, demanding the Ministry of Finance as the administrative supervisor of these three banks, to make sure well and ensure that you go these loans actually to finance useful investments for the Iraqi economy under the current circumstances.
"The Central Bank of Iraq, called on Monday (the seventh of September 2015), the citizens of entrepreneurs and concerned industry and agriculture to benefit from the lending program launched, and called for banks to complete the special loans administrative and financial transactions quickly and accurately to ensure the arrival of funds to beneficiaries and implementation of projects.
The (long-Presse) published on Monday, (September 7, 2015), industrial, agricultural and residential lending mechanism adopted by the crisis cell in the Iraqi government during the month of August, for the purpose of implementation.
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09/12/2015
BAGHDAD / Noor Ali
The Commission on the economy and investment representative, on Friday, to lend to the central bank for industrial and agricultural projects, housing campaign is the largest in terms of financial allocations, and in the Central announced that there are five actors assume control over the granting of such loans, economists called for the need to make sure she went to finance useful investments Iraqi economy under the current circumstances.
She said a member of the economic and investment commission in Parliament, Najiba Najib, in an interview with the "long", "This is the first time the central bank to announce the launch of the largest lending campaign, which means that the citizens begin making the ideas of their projects," noting that "those who want to that offers a product project or economic idea for agricultural projects or industrial him that the submission of papers to the banks so as not to be limited to a specific category.
"She explained Najib said" the value of small business loan will be 50 million medium-sized enterprises 100 000 000 The large projects would be the upper limit for lending which is 3 billion dinars,
"and increased that" the lending process depends on the type of project and will contribute to the support of the gross domestic product of Iraq and the economy, as well as providing job opportunities for the citizens, "banks are required to take caution in the lending process.
The Prime Minister's Office announced, on Sunday ( September 6, 2015) for disbursement of loans to banks sector amounting to five trillion dinars controls, indicating that the industrial and agricultural banks obtained the 66 percent of them equally, while all of the real estate banking and housing fund earned 17 percent on each and every one of them. In the same context stressed the Governor of the Central Bank of Iraq on the Keywords, on Friday, that there are five actors assume control over the granting of central bank loans to ensure the integrity and transparency of lending, as banks obliged to publish data on all loans granted by the first hand in order to achieve transparency and community control.
Keywords and said in a statement received (range), a copy of it, that "the Central Bank of Iraq was allocated five points assume control over the granting of central bank loans to ensure the integrity and transparency of loans granted."
He added Keywords, that "the central obliged banks to publish data on all loans granted by the aphid investigation transparency and community control. " For his part, says economic expert, Dr. Ahmed Rehn in an interview for the "long", "in the case of completion of projects and submit them in a year, it will contribute to the recovery of investment in the private sector," noting that it "needs a banking system following the well and makes sure to act in the amount of development loan
"." The three banks namely agricultural, industrial and commercial is from this task, demanding the Ministry of Finance as the administrative supervisor of these three banks, to make sure well and ensure that you go these loans actually to finance useful investments for the Iraqi economy under the current circumstances.
"The Central Bank of Iraq, called on Monday (the seventh of September 2015), the citizens of entrepreneurs and concerned industry and agriculture to benefit from the lending program launched, and called for banks to complete the special loans administrative and financial transactions quickly and accurately to ensure the arrival of funds to beneficiaries and implementation of projects.
The (long-Presse) published on Monday, (September 7, 2015), industrial, agricultural and residential lending mechanism adopted by the crisis cell in the Iraqi government during the month of August, for the purpose of implementation.
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