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Alheims: plans to encourage electronic payment

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Economy News / Baghdad ...
 
 
 
Director-General of the Iraqi Trade Bank Alheims Faisal announced that the 2195 testimony was launched in within a week reached amounts to one billion and 106 million dinars and is expected to double the amount with the first near a Shbh in 04/04/2017.
Alheims said, that the aim of this product is to attract banking liquidity chunky in homes to the banks in order to invest and to encourage citizens to save and restore confidence between the citizen and the banks.
He added that this certificate has launched with the approval and blessing of the Iraqi Central Bank and is guaranteed payment at the moment of the citizen request to withdraw amounts.
For his part, he praised the Iraqi Central Bank adviser to the great efforts of the Iraqi Bank of Commerce and the strength of the confidence that win on the external and internal levels.
He stressed that the central bank takes care aimed at diversifying banking services serve the citizen initiatives ..
 Then replied, director general of the Iraqi Trade Bank to reporters' questions, and satellite channels for banking activities provided by the bank ..
It should be noted that the advantages of a certificate of deposit that amount of 500,000 dinars, the inclusion of the certificate holder drag monthly for $ 10 million dinars per month and 40 million dinars for the health of the semi-annual and 100 million dinars for the annual withdrawal.
 
 
 
 
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Views 28   Date Added 15/03/2017 - 9:38   last updated 15/03/2017 - 12:49   No. Content 6901
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To attract the chunky,. Now too get a bond sell , to attract crap value money what Worth would the bond need too be ?  If they sell at 01 cent then would the folks make a little profit from the sale?  Sale at1168 per bond isn't doing anything is it ?

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03/15/2017 (00:01 pm)   -   the number of readings: 220   -   the number (3877)
 
 
Trade Bank of Iraq announced the launch of a certificate of deposit product (deserve)



 Baghdad / term 
 

Announced TBI management (TBI), on Tuesday announced the launch of a certificate of deposit product under the name (deserve) of $ (500,000 dinars), and confirmed the presence of monthly prizes and annual value similar to participate in the product. 
The bank manager Faisal Alheims, in a press conference held at the Hunting Club in central Baghdad, and attended (range): approval of the Central Bank of Iraq, called the Iraqi bank certificate of deposit (deserve), a $ 500 thousand dinars for the deposit of one , "noting that" the objective of the the idea is to encourage people to deposit their money in banks and re - bridges of trust they have, and consolidate the values of credibility, integrity and quality. " 
He continued Alheims, that" there are strategies developed for the success of a certificate (deserve), to maintain the integrity of any breaches or fraud, where he was working on locked measures her like watermarks on the Iraqi currency , "adding that" the interest of the contest is to encourage people to enter into the world of investment and protect their money from being stolen. " 
he pointed Alheims to, that" the trade Bank of Iraq, offered up to now (2195) certificate, in cities across the country , "noting that" the bank is prizes monthly and annual value, up monthly award (10 million dinars), while the prize up an annual half to (40 million dinars), while the annual award of up to (100 million dinars Iraqis) , "pointing out that" the drawing is on 4 April next year, according to the serial number of the certificate. "  
The Iraqi Bank of Commerce director, said : "bank work on the localization of transactions electronically, while adhering to the directives of the central government and the Central Bank in particular , " noting that " the bank so far, salaries of the staff provides 16 official institution through the mail route, and we are because there will be a quantum leap in the work the bank. " 
For its part , stressed the director of Retail Banking in the Trade Bank of Iraq, a good firm, said : "Our goal of this product, is to encourage the filing process within the banks, in order that the individual works and practiced his dealings through banking outlets , " indicating that " the deposit mechanism for the product (deserve) to highlight the official archives or a unified national card, with the amount of the deposit (500,000 dinars) to get a certificate of deposit , "noting that" the product will be withdrawn from a centralized ". 
In turn, he indicated the central bank adviser Walid Idi, "there is a legal basis for a certificate of deposit , " noting that "this is the first initiative in Iraq, launched by the Trade Bank of Iraq, through the establishment of a deposit guarantee and protect the funds of citizens in the company." 
He revealed Idi, about the intention of the central bank "raise the liquidity ratio to create competition between different banks, which will positively to the banking sector in the country , " noting that " the percentage of customer with the banks of the citizens of 12% of the total 23 million Iraqi citizens, according to statistics of the Ministry planning. " 
He announced the central bank adviser, for " the establishment of the joint bank lending, and participated in the fund each of the bank trade and Mesopotamia , " pointing to "the existence of other initiatives for the development of the financial market."

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"TBI" launched new producer

 

 

   
 

 
 


3/16/2017 0:00 

BAGHDAD / morning 
at the time of Trade Bank of Iraq announced that the 2195 testimony was launched in a week and reached amounts to one billion and 106 million dinars and is expected to double the amount with near a first Shbh next April, welcomed the move to employ money chunky projects economist this step and be counted development.  
General Manager of the bank Alheims Faisal said that the aim of this product is to attract banking liquidity chunky in homes to the banks in order to invest and to encourage citizens to save and restore confidence between citizens and banks. 
He added that this certificate has launched with the approval and blessing of the Iraqi Central Bank and is guaranteed payment at the moment of the citizen request to withdraw amounts. 
For his part , praised the Iraqi Central Bank adviser Walid Idi significant efforts of the Iraqi Bank for Trade and durability of confidence won by the external levels and procedure, and the central bank takes care aimed at the diversification of banking services that serve the citizen initiatives .. 
to the Economic member of Baghdad forum Hadi Hndas he said: this approach would raise the citizen 's confidence in banks and contribute effectively in the transfer of funds from the houses to the banking system, especially that Iraq is in dire need of activating the internal capital cycle and make the labor market intervention and this requires real efforts aimed at creating new products solidified the relationship between the citizen 
and the banks . 
He stressed the need to find a new legislation guaranteeing the rights of depositors and contribute to attract capital to the field of employment through banks. 
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Looks like more good news here sprinkled through the article! The Central Bank of Iraq and the Trade Bank of Iraq are moving to increase the confidence of the Iraqi citizens to deposit their money in the banks to fund the capital cycle and thereby fueling the labor market. More chunky money off the streets. Reduced note count on the streets. Labor market is fueled. Iraqi citizens' standard of living quickly and ever on the rise. What are we waiting for? Lets RV this thing already!!!

Go Moola Nova!

:twothumbs:

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20-03-2017 03:42 PM
image.php?token=b0560b6ccf196d37bf704fe728bf9d3b&size=
 


 

 

Announced the Trade Bank of Iraq, on Monday, expressed his willingness to stimulate investment movement in Basra , and joint work with the local government of Basra through the funding of projects in the province. 

The director of the Bank 's management and Faisal Sam Alheims' during his visit to Basra , and his meeting with Vice President of the Council, Walid Gitan, that the bank has an interest in supporting the province, through the exploitation of natural preserve marine resources and ports. 

For his part, deputy chairman of the provincial council Walid Gitan 'he was talking about how to take advantage of the commercial bank being one of the first banks in Iraq and has extensive relationships and support from international banks. 

He said the two sides reached an ideas and new visions will be translated on the ground during the coming period.

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Trade Bank of Iraq conference under the theme of economic reforms  March 31, 2017

Iraqi event agency / Baghdad


Held on the palm hall for club Iraqi fishing, and in a statement by the Director General of the Iraqi Bank for Trade Mr. Faisal Alheims about the initiatives the value of the bank is the reform initiative launched by Haider al-Abadi on the lagging debt collection payment and to achieve positive in this regard, the results of which contributed to the development work of the bank's strategy and develop its identity, where It amounted to 197 million and $ 2 billion Iraqi dinars in cash and the rescheduling of 34 loan in addition to holding the first syndicated loan agreement in Iraq with both Standard Chartered, GE, the Iraqi trade Bank, in addition to an increase of 400% in issuing debit cards for the purpose of settling Alro ATP. As well as the participation of Deputy Director General of the Bank Mr. Firas al-Hamdani and talk about the capital increase since the beginning of the year 2017 and the launch of a product gift card vlsa GlfT caRd, working on the launch of a product "indulgence" certificate of deposit and enter the retirement account for several awards, as the bank relied on the re-setting affairs policy staff to attract excellent talent and motivate employees' performance and outstanding, since the take over management of the bank re-composition of the organizational structure to improve communication with the bank's clients and their service segments and the development of new sections of risk management, strategic planning and compliance as the fact that the legislative committees to enable the Bank's board of Directors Bmtab The performance of the executive management and work to modernize the banking electronic system and through him the possibility of the launch of electronic banking services, which led the banking business to increase its revenue to 700 billion dinars, which is the highest revenues since the establishment of the bank.

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So the electronic banking being operational is showing the banking authorities in Iraq a sizable increase in their reserve holding! Again, good news, and then they'll also see the same as e-commerce trading proceeds! The communication between banking and client services are proving performance and motivation! There's almost  nothing that motivates people more than money!

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http://www.al-mawqif.com/52147



Network Iraqi position
 

The Trade Bank of Iraq "TBI", to transfer 50% of its profits for the year 2016, equivalent to 268 billion Iraqi dinars, to the public treasury of the state.

The bank said in a statement seen by "the Iraqi situation," he was part of the focus of reforms and in support of the economy, according to the directives of Prime Minister Haider al-Abadi, has the Trade Bank of Iraq "TBI", to transfer 50% of its profits for the year 2016, equivalent to 268 billion Iraqi dinars to the public treasury state.

He added that the bank achieved a net profit of 536 billion dinars Iraqi financial year ended 31/12/2016, up 265% from the percentage Mahakgah of net profit in the fiscal year ended 31/02/2015, which was $ 145 billion Iraqi dinars.

The works of the Iraqi Trade Bank to promote banking services through localization of salaries and encouraging electronic payment in addition to the introduction of new products, including a certificate of deposit killed.

It is worth mentioning that the Iraqi Trade Bank carried out the first compound in Iraq, a loan for the benefit of the Ministry of Electricity in cooperation with Standard Chartered and GE, is currently in collaboration with Doejeh Bank, managed to issue international documents for Iraq

 
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Expert stresses the importance of the role of the banking sector in the state treasury support

   
 

 
 

06/04/2017 0:00 
 
BAGHDAD / Farah pumice  
 praised the financial expert step Trade Bank of Iraq (TBI) for the transfer of 50 percent of its profits over the past year to the public treasury of the state. 
The expert praised Thamer al - Azzawi "morning", "the management of the bank to achieve unprecedented profits in the work of Iraqi banks, as the year 2016 Bank has achieved more than 500 billion dinars , and aspires to increase the profits this year." 
He said al - Azzawi , " the need that the government pay attention to the importance of the banking sector, especially after this initiative", calling on other banks to take similar steps to what do the (TBI), especially that the government is suffering from the current distress and financial need for serious steps to support the budget. " 
The bank Iraqi trade and within the focus of reforms as directed by Dr. Haider Abadi , the Prime Minister, he has transferred 50 percent of its profits for the year 2016 amounting to 268 billion dinars to the treasury, as the Bank achieved a net profit of 536 billion Iraqi dinars for the financial year ended 31/12/2016 to increase the proportion of 265 percent Mahakgah of net profit in the fiscal year It ended 31/2/2015 which was $ 145 billion Iraqi dinars. 
The works of the Iraqi Trade Bank to promote banking services through localization of salaries and encouraging electronic payment in addition to the introduction of new products , including a certificate  of 
deposit. 
It is worth mentioning the Trade Bank of Iraq on the implementation of the first syndicated loan in Iraq for the benefit of the Ministry of Electricity in cooperation with Standard Chartered, GE. 
is currently in collaboration with Doejeh Bank, JPMorgan Bank, Citi Bank managed to issue international documents for Iraq. 
In turn , the banking expert Mohamed Ali Jaber , the importance of the development of the banking work tools and development in order to achieve the economic viability of Iraq, pointing out that the development of banking tools helps to  
lift banking transactions, thereby raising profits to large levels can be employed to serve the national economy through implicated in investment financing routes. 
He noted the need to strengthen the Trade Bank of Iraq experience and success across the banking sector as it represents the banking sector , the cornerstone of the economic development process and can achieve a quantum leap in  
supporting real development paths, noting that it requires sophisticated products in harmony and the desires of the beneficiary on disagreeing company or a citizen, HR also requires a high degree of expertise to be able to banking technology. 
He pointed out the importance of the training approach adopted by organizations concerned in the banking and its role in providing the banking expertise of the updated information that helps to attract the largest number of customers.
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The launch of the first deposit certificate of its kind in Iraq  April 6,2017

15027645_1594854070821439_9074194511714155428_n.jpg

The Iraqi Commercial Bank has issued a deposit certificate, the first of its kind in the country after obtaining the approval of the Central Bank, in order to deal between the bank and customers.
The Director General of the Board of Directors of the Iraqi Bank for Trade, Faisal Al-Humais said in a statement by Al-Marb, "The product was launched from about a month, a simple idea is a certificate of deposit of 500 thousand dinars and qualify the certificate to an opportunity to enter the draws."
For his part, Haitham al-Jubouri, a member of the parliamentary finance committee, said that "withdrawing these funds, operating and benefiting from them will be more money than the money they will give as prizes."
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img
Economic0 clerk April 2, 2017

All news / special 
Iraqi Trade Bank held a press conference in which the bank director Professor Faisal explained Alheims latest achievements of the Iraqi bank for the year 2017 and the most important projects and steps specific to the development of the banking business in Iraq and initially praised the attendance of the media and thanked them for their follow - up and support for all activities that took place in 2016 and 2017 and laid the foundations of the most important strategic start racing to the bank and the functions of a new vision and values we are committed to all of which work transparently with customers and quality in the implementation of tasks and restore confidence between us and the decent public. 
He Alheims on the economic environment analysis with other banks operating in terms offinancial performance and our knowledge of the market and the distribution of our products used as well as the processing of accounting entries in the audit company to issue the annual report for the year 2015 and completed the year 2016 and focus on the lagging debt and achieving positive earnings were obtained 197 million dollars since June 2016 and (2 billion Iraqi dinars) in cash and scheduling (34) loan Mtlkia and convert seventy - two and a half billion dinars to the public treasury and the development of the new identity of the bank and the holding of Iraq 's first syndicated loan agreement for the benefit of the Ministry of Electricity with Stendr Jad company and the Bank only I united to bring spare parts from GE for the operation of our terminals and stressed the trend announced by the Prime Minister to market Albwatun and pay savings and increase the number of ministries for our services and most of the ministries and departments of the electronic payment reached 400% and 22 Ministry Aiardtna total (11172) employee and the grace of God increased Aiardtna to the (700 billion dinars), the highest rate since the foundation and work on the expansion of the electronic exchange through electronic ATM and we get the ISO quality certificate (9001-2015) and modernization of SWIFT for all remittance system and the fight against money laundering by the Central Bank of Iraq and social role is important Campaign (concern us) to help the displaced in Mosul to collect donations from the bank staff food basket, blankets and access to (1300) family and the team , consisting of 15 member and I am with them and our access to the front line and the most important was the opening of new banks and their number (22) Bank and in Sulaymaniyah and two new banks in Baghdad for the month of May and theprovince of Samawa , and in conjunction with the change of the bank logo has been the rehabilitation of a number of branches to provide the same identity in all the provinces where we started Pferaa international Zone and the House of Representatives and the rehabilitation branch of the swimming pool, Basra, Ramadi and Karbala , the month of May before we announce here to increase our profits year (2016) to reach to (454) million countries T including (226) have been referred to the public treasury and the bank 's capital from one and a half billion dollars to two billion and three hundred million dollars for this year and put forward new products for the first time , such as identity card and certificate (deserve) and soon call (opportunity) addressed to finance and not deposit and we have many new services for the future of all of this verification efforts of all of the support of the Bank 's board of Directors and the efforts of associate mighty and the number (1100) member and maintain a leading role in the Iraqi banking sector and the bright side of its dealings with the countries of the world, God willing , and finally I thank and greet everyone, especially the media great creator.

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They are making every attempt to pull that Chucky money off the street. Gold and Cert should tell us that they are making every effort to get it done in 2017.

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Alheims for {morning}: TBI achieve the objectives of the reformist government

   
 

 
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4/10/2017 0:00 
 
{} The first product deserve in the banking sector
Baghdad / Farah pumice 
In line with the directions of reform of the Iraqi economy through the development and promotion of productivity and financial sector and banking sectors, Director General of the Trade Bank of Iraq, Faisal Alheims stressed the progress in achieving the goals of the government through the introduction of new tools and products achieve financial liquidity to rotate the wheel of the economy. 
And launched Trade Bank of Iraq (TBI), a product "deserve" for the first time in Iraq, in order to encourage citizens to deposit and saving the right ways in which the world followed, to keep the money from theft and loss in homes, as well as the entry of these funds the economic cycle in the country, what to achieve sustainable development in the medium and long term. Products and tools to support said Alheims in a statement the "morning": "Trade Bank of Iraq works to promote competition in the banking sector and the introduction of new tools and products in support of this sector enhance its strength in the country, as well as giving a positive image to the international community." Promised General Manager This product is a new idea stimulated citizen to deposit his money in the bank and the possibility of withdrawing at any time want to do, especially as the goals that operates the bank is credibility, transparency and mutual confidence, indicating that this product is the beginning of the road to open new horizons with citizens to seek to be trade Bank of Iraq in the first TBI launch such products, which are not inconsistent with the requirements and instructions of the Central Bank. Expand the trust network Alheims noted the endeavor of his bank put products and tools similar to a certificate of deposit (deserve) a product ( an opportunity) addressed to the owners who own commercial property, not residential, as well as a new service is (jamaraat) targeting discerning customers of the Bank. He noted that these products and services geared to local beneficiaries and is helping to expand the network of trust between the public and the bank. He pointed to rival other banks are going in the same direction and trying to provide products and services similar to services (TBI), returned them positive and healthy, will be reflected on the Iraqi economy in general banking sector, especially that Iraq is a large owner of the wealth of a country large population density, as it re - trust between the citizen and the banking sector, through the development of better services to the customer and offer. The product idea (deserve) that the citizen deposit of 500 thousand dinars to enter into three withdrawals carried out by the bank in a transparent manner and under the supervision of oversight from the central bank, the monthly prize worth 10 million dinars certificates over the 15 days, and 40 million dinars for certificates that passed issuance 90 days, to enter the semi - annual withdrawn from , either the large annual withdrawals worth 100 million dinars for the certificates to be issued over 180 days. The goals of economic reforms , said the Director - General said the bank has done a questionnaire to the extent accepted the idea deserve before putting them on the market, and record positive results, but the turnout audience exceeded the results of the questionnaire and expectations, and that the desire of the citizen experience of new banking products, having strengthened the bank 's public confidence in him, as well as change their desire to hoard money at home and deposited in the bank, and this is in line with the objectives of the government within the framework of economic reforms. And achieved the Iraqi Trade Bank of $ 3 and a half billion dinars by nearly 7000 holder of the certificate of deposit (deserve), according Alheims, pointing out that the aim of the new products provide liquidity and investment for the intervention of the economic cycle, thus moving the wheel of the economy of the country, especially since the certificate deposit can not afford to pay an added benefit.  As for the product (opportunity), summarized the Director General as a loan to the owners of commercial real estate exclusively, the style granted and payment depends on the value of the TTM inside of the commercial real estate which is comparable to commercial financing , which depends on the profitability of the company , which is the source of payment, especially as the international banks have become based on future cash flows instead of collateral, indicating that this product is awaiting approval by the Central Bank, which is a supporter of the banks , the president of the country. 
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