Parliamentary economy are the benefits of "simple" loans do not affect citizens'

[DinarThug]

CNN. Broadcasting A Rafidain Bank Story !

 

(by reddstarr)

http://aliraqnews.com/%D9%85%D.....%A7%D8%AF/

Rafidain Bank calls for the revival of the national economy!

BAGHDAD / News Network Iraq, Rafidain Bank, stressed on Sunday the need to grant loans to small projects and activate the production process to revive the economy Aloutna.ocdt Khawla student Jabbar director in the bank in a statement today: "the need to walk at a steady pace for the development of the Bank's business and work on their cooperation with everyone and take advantage of the available expertise of others in providing better services to citizens and keep pace with technological advances and new technologies at the banks of the world and to raise the dividend activity by attracting and attract capital and savings of citizens ".utalapt Titanic" to activate the role of the banking sector because of its positive benefits flowing into the bank staff's interest in particular and the recovery of the national economy in general and by the granting of loans, "urging" the staff to work as one team to promote the reality of institutional work in accordance with the banking system.

 

[TexasMike1958]

remember....  the first 2 consonants in the word ReVive are ....RV!!!  Lets do it!!!!

 

[Gypsygirl11]

Im ready to be REVIVED, nice article.

[yota691]

Rafidain Bank called "loans" to the victims of an explosion in central Baghdad's Karrada

economy

 Since 25/07/2016 15:42 pm (Baghdad time)

Special - balances News

An official source at the Rafidain Bank, on Monday, the launch of the bank loans to the victims of the bombing in central Baghdad's Karrada and repaid over five years.

The source told / balances News / "The Rafidain Bank held a meeting with the Baghdad Chamber of Commerce," noting that "the meeting discussed lending affected in the Karrada district of the project."

The source added that "the bank has decided to launch loans for the victims of the bombing and the loan ranges from 20 to 40 million dinars and repaid over five years at an interest rate not exceeding the 5% that are given additional time after five years, six months without interest."

He explained that "the bank select collateral for the loan or bond a drug to ensure two employees or dealer has banking facilities and be a presentation by the Baghdad Chamber of Commerce on to prove that the victims of the bombing."

The car bombing hit the Karrada district of central Baghdad, earlier, and claimed the lives of dozens of martyrs and Jrih.anthy 29/33 h

 

[yota691]

Banks, Rafidain and Rasheed sign a contract the overall banking system

History of edits:: 26/07/2016 12:54 • 63 visits readable

[Where - Baghdad] 
signed a bank Rafidain and Rasheed, a contract with an international company for the acquisition of the banking system overall.

A statement by the Office of the Inspector General of the Ministry of Finance, the Agency has received all of Iraq [where] a copy of it, the day "for the purpose to keep pace with global technological developments in the Iraqi banking business, and its contribution to the work to overcome the financial crisis and the development sectors of the country's economic, to help to cope with financial volatility by Post investment activities and financing of industrial and agricultural sectors, long-term within the automation of the banking business concepts, signed a bank Rafidain and Rasheed contract consultant with the firm Ernst & Young] world for the acquisition of the overall banking system, which will be applied in the two banks mentioned, to achieve the objectives referred to above, and during the period of 125 working days actual completion date of the direct action. "

[yota691]

Financial inspector announce the signing of the consultancy contract for the application of the overall banking system

economy

 Since 07.26.2016 at 12:48 (Baghdad time)

Baghdad balances News

It announced the Office of the Inspector General in the Ministry of Finance, on Tuesday, signed the consultancy contract for the application of the overall banking system to provide scientific and basic requirements.

The office said in a statement received / balances News / copy of it, "it was the consultancy contract for the application of the overall banking system in a bank Rafidain and Rasheed signature."

The statement added that "this comes for the purpose to keep pace with global technological developments in the Iraqi banking business and its contribution to the work to overcome the financial crisis and the development sectors of the country's economic and contribute in the face of financial volatility by participating investment and finance long industrial and agricultural sectors-term activities within the automation of the banking business concepts." .

He pointed out the office, according to the statement, that "the Rafidain and Rasheed contract a consultant with the company (Ernst & Young) for the acquisition of the overall banking system, which will be applied in the two banks, and during the period (125) actual working days to accomplish the date of commencement to work" .anthy 29 / A 43

[DWS112]

Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the banking system overall - July 26, 2016

Signed bank Rafidain and Rasheed, a contract with an international company for the acquisition of the banking system overall.
A statement by the Office of the Inspector General of the Ministry of Finance, the agency received our economy News, a copy of which, today, "in order to keep pace with global technological developments in the Iraqi banking business, and its contribution to the work to overcome the financial crisis and the development sectors of the country's economic, to help to cope with financial volatility by participating activities investment and finance long industrial and agricultural sectors term within the automation of the banking business concepts, signed a bank Rafidain contract advisory and Rasheed with a company [Ernst & Young] world for the acquisition of the overall banking system, which will be applied in the two banks mentioned, to achieve the objectives referred to above, and during the period of 125 actual working days to complete the history of direct action. "

[gregp]

Momma!!!  Wow!!!  

This train is about to arrive at the station!!!

[seks]

125 Days, will take us into the first week of Jan. 2017 , and that's working days .. we all know how Iraq works, Sounds like a Great way to start off 2017

[davis411]

24 minutes ago, seks said:

125 Days, will take us into the first week of Jan. 2017 , and that's working days .. we all know how Iraq works, Sounds like a Great way to start off 2017

i would rather see 12.5 days

that works on my schedule 

[8th ID]

4 minutes ago, davis411 said:

i would rather see 12.5 days

that works on my schedule 

That would work with my schedule too !!!

[ChuckFinley]

36 minutes ago, seks said:

125 Days, will take us into the first week of Jan. 2017 , and that's working days .. we all know how Iraq works, Sounds like a Great way to start off 2017

I was right there with you. The minute I read 125 I was doing the math. 

[seks]

I know ChuckFinley, We're all about ready for this to be over, but this is the best news I've read in a long time .. now if they roll in the HCL, and pass that Law,, maybe we can see the 12.5 days..*S*

[skeetdog]

Thanks DWS112...During this time period Iraq would to have established international status...To allow the IQD to become an international currency the UN has to approve Iraq for Article 8...Once Iraq is approved on Article 8 Iraq currency is international trade-able...The current value worth of the IQD would be the next question as to its buying power the CBI places on it and what the IMF will suggest it to merge onto the international market...I aint sayin' 12.5 but the way this article reads...it's got to be a workin' system within 125 days...

[nannab]

More great news! Thank you gentlemen one and all!!

[Gypsygirl11]

22 minutes ago, skeetdog said:

Thanks DWS112...During this time period Iraq would to have established international status...To allow the IQD to become an international currency the UN has to approve Iraq for Article 8...Once Iraq is approved on Article 8 Iraq currency is international trade-able...The current value worth of the IQD would be the next question as to its buying power the CBI places on it and what the IMF will suggest it to merge onto the international market...I aint sayin' 12.5 but the way this article reads...it's got to be a workin' system within 125 days...

I like the way u think Skeet, so waiting on Article 8 is a biggie BEFORE the 125 days ...    Tick-Tock   Tick-Tock

[SnowGlobe7]

can they pass and implement HCL without article 8?

[davis411]

1 hour ago, nannab said:

More great news! Thank you gentlemen one and all!!

gentleman where

here?????

have not noticed any my self

 

[DoD]

skeetdog that is the way I'm reading it as well. Also remember that part of the requirements of the IMF loans were to reorganize these state banks. Articles have shown that they were 98 percent complete, so could we see very soon the these banks going public? Maybe, but I feel very good about Ernest & Young looking over their shoulder an making them toe the line with their banking activities. STOP the AUCTIONS.......

[skeetdog]

....Yes, Iraq can implement the HCL without going international with their currency...The question is why would they want to...The present value of the dinar is under valued in its worth and needs to adjust to real world market worth once the IQD does becomes an international currency...It would be extremely less complicated to wait until the IQD's on the world market with its opening world market value an adjust the HCL percentile for the citizens to that adjusted valued worth accordingly to the float once established..Iraq will wait for their IQD to reach it's market worth before Iraq hands over any IQD's to in-country citizens...Iraq doesn't care about the dinar outside the country as the people cashing-out in their perspective countries will go to that country's reserve...Iraq doesn't want to hand out under valued dinars to their citizens and then raise the value and have to foot the bill...Iraq wants to pull as much dinar they can out of theri citizens before they flip the switch.... 

[Gypsygirl11]

Bump....I like this bank story !

 

 

[gregp]

Thank you all. Amazing.

Double cheese Bump!

[SnowGlobe7]

double cheese bump.....this is all I got

[SnowGlobe7]

[gregp]

1 hour ago, SnowGlobe7 said:

wow!  Now those are some bumps!