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Expert's long economic approaches: Lending falls within the framework of alliances between men Alsaashoualemal
On: Sat 12/17/2011 9:22
□ Baghdad / Ahmed Abed Rabbo
Economists described the government directed banks to lend to private banks attempts that fall within the framework of alliances carried out by government officials to the money men.
They called for in the conversations (the economic term) private banks to go to the market through competition.
The expert considered that the economic gnathion NA went behind the government banks to lend to private banks are political alliances between government officials and men of the civil money imitators of banks.
Ali's gnathion NA (range economic) that this step represents a clear and explicit alliances carried out by the politicians and money, referring to the need for the government banks lend to citizens directly.
He gnathion NA: This alliance will increase the value of the interest incurred on the shoulders of the citizens of the profit margin in addition to the increase in bureaucratic circles banks.
He gnathion NA: should be a percentage of participation by government banks in the value of capital of private banks, adding that such participation in the service of the national economy and the banking system and raising the standard of living of citizens.
For his part, invited by the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh and private banks should be directed to the free market.
And Saleh's (economic term): The private banks to go to the market, noting that this makes the bank forward and established a good reputation among the other banks and customers.
Saleh added: should private banks operating principle of competition through the creation of a competitive environment is working to deliver services to customers is to achieve attractive and spacious.
An adviser to the Prime Minister for Economic Affairs Abdullah Al-Hussein Anbuge by the Agency (news): The economic reform process requires that the head of government banks towards lending to private banks, to expand its work and services that must be provided to the local economy.
He Anbuge: The adoption of a clear program of economic reform, it must be for the private sector an active role in achieving growth in all sectors. Indicating that economic reform must begin to direct government spending on routes serving the activation of economic sectors.
He Anbuge that the transition toward a market economy requires a private sector a more active role and be directed to the economy of the country, pointing out that such approach requires the creation of a bank Ghaderaly mobilization of financial savings will be huge waiting for Iraq, especially since he is entering a phase of economic growth and broad, as well as follow-up projects various economic and stand at the economic feasibility of them earned.
As director of the Association of Banks signed the civil Abdul Aziz Hassoun that year (2012) will see the growth and development of large banks in the light of development plans set for them.
He said Hassoun by the Agency (news): The government and private banks made great efforts at the present time to develop its work according to modern banking systems and advanced technology, the fact that the world is now talking technology Bmajalath all.
He said Hassoun: The private banks began to develop itself in the introduction of modern systems of work and started hanging from the financial entities and increase their capital, and this indicates that next year will be the year the activity and a quantum leap in the work of the banks.
Hassoun called to the need for equality between banks (government and private) and the tightening-up and control the work of banks and funds owned by the fact that the data indicate what it is that there is a substantial financial surplus of the banks and non-disabled investor.
It is noteworthy that at the end of the year (2010), the number of banks operating in Iraq have arrived in (43) banks, including (7) state banks with a total capital of about (6036) billion Iraqi dinars, as well as (36) private banks with a total capital up to (202) trillion dinars.
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On: Sat 12/17/2011 9:22
□ Baghdad / Ahmed Abed Rabbo
Economists described the government directed banks to lend to private banks attempts that fall within the framework of alliances carried out by government officials to the money men.
They called for in the conversations (the economic term) private banks to go to the market through competition.
The expert considered that the economic gnathion NA went behind the government banks to lend to private banks are political alliances between government officials and men of the civil money imitators of banks.
Ali's gnathion NA (range economic) that this step represents a clear and explicit alliances carried out by the politicians and money, referring to the need for the government banks lend to citizens directly.
He gnathion NA: This alliance will increase the value of the interest incurred on the shoulders of the citizens of the profit margin in addition to the increase in bureaucratic circles banks.
He gnathion NA: should be a percentage of participation by government banks in the value of capital of private banks, adding that such participation in the service of the national economy and the banking system and raising the standard of living of citizens.
For his part, invited by the Deputy Governor of the Central Bank of the appearance of Mohammed Saleh and private banks should be directed to the free market.
And Saleh's (economic term): The private banks to go to the market, noting that this makes the bank forward and established a good reputation among the other banks and customers.
Saleh added: should private banks operating principle of competition through the creation of a competitive environment is working to deliver services to customers is to achieve attractive and spacious.
An adviser to the Prime Minister for Economic Affairs Abdullah Al-Hussein Anbuge by the Agency (news): The economic reform process requires that the head of government banks towards lending to private banks, to expand its work and services that must be provided to the local economy.
He Anbuge: The adoption of a clear program of economic reform, it must be for the private sector an active role in achieving growth in all sectors. Indicating that economic reform must begin to direct government spending on routes serving the activation of economic sectors.
He Anbuge that the transition toward a market economy requires a private sector a more active role and be directed to the economy of the country, pointing out that such approach requires the creation of a bank Ghaderaly mobilization of financial savings will be huge waiting for Iraq, especially since he is entering a phase of economic growth and broad, as well as follow-up projects various economic and stand at the economic feasibility of them earned.
As director of the Association of Banks signed the civil Abdul Aziz Hassoun that year (2012) will see the growth and development of large banks in the light of development plans set for them.
He said Hassoun by the Agency (news): The government and private banks made great efforts at the present time to develop its work according to modern banking systems and advanced technology, the fact that the world is now talking technology Bmajalath all.
He said Hassoun: The private banks began to develop itself in the introduction of modern systems of work and started hanging from the financial entities and increase their capital, and this indicates that next year will be the year the activity and a quantum leap in the work of the banks.
Hassoun called to the need for equality between banks (government and private) and the tightening-up and control the work of banks and funds owned by the fact that the data indicate what it is that there is a substantial financial surplus of the banks and non-disabled investor.
It is noteworthy that at the end of the year (2010), the number of banks operating in Iraq have arrived in (43) banks, including (7) state banks with a total capital of about (6036) billion Iraqi dinars, as well as (36) private banks with a total capital up to (202) trillion dinars.
[You must be registered and logged in to see this link.]
