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RACING: Private sector drive economic development and the government to launch its facilities


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7 hours ago, 6ly410 said:

awareness and education using electronic cards and benefits And its ability to operate inside and outside Iraq

 

7 hours ago, 6ly410 said:

The bank adopted the initiative of the Central Bank to support system" rel="">support small and medium enterprises in a serious and important, and we are one of the first banks to exploit this initiative,"

 

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"Raising zeros remove the monetary mass"   Raising: lift or move to a higher position or level.   Deleting: remove or obliterate   Notice the use the word raising not del

U2 need to get a room.

97,500 dinars for 1134 retirees..thats 85.98 dinars per retirees each month for the period of 40 months being paid...sounds about right at a rv rate of 4.851 dollars per dinar. At this rv rate, retire

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09/19/2018

 

l-Hantal said in his speech during the workshop "one-trillion-dollar initiative to support small and medium enterprises" held in the city of Erbil and attended by "economy News", the reason for non-activation of the initiative at the time of launch due to the existence of a window selling the currency, which banks were making profits from it, "When the interest rate was set at 4% to lend to the market there was another source of profit, the window of the currency, but the recent profits ended is left to banks only lending ."

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  • yota691 changed the title to Al-Rasheed grants loans up to KD 150 million to private schools
 
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 Banks


Economy News _ Baghdad

Rasheed Bank announced on Wednesday that it will grant loans of up to 150 million dinars to owners of private schools. 

The bank's media office said in a statement received by Al-Iqtisad News that "Al-Rashid Bank decided to grant loans to owners of private schools in all governorates up to 150 million dinars at an interest rate of 8% for three years and a period of three months." 

He explained that "the loan is granted according to the needs of the owner of the private school and not more than 150 million dinars to provide the holdings of the school in terms of lease and the names of companies in the establishment and feasibility study and the pledge of the property to be mortgaged."


Views 10   Date Added 30/01/2019

 
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12:59
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BAGHDAD / 

The central bank governor Ali Al-Alak said on Monday that the bank bought 20 trillion treasury bills to move the market. 

"The monetary policy occupies an important part of the economy and investment sector and the central bank participates to achieve it," Al-Aallak said during a dialogue session at the Rafidain Conference held in Baghdad and attended by Baghdad. "Monetary policy achieves economic stability. The stability of the exchange rate and the adequacy of reserves. Fundamental to the stability of the economy. "

He added that "the central bank has not only achieved the basic goals, but entered the economic growth, which is unconventional policy," noting that "through the unconventional approach we have bought 20 trillion of treasury transfers and the purpose of maintaining the economic situation and move the market." 

He pointed out that "the central bank has taken the initiative of unconventional, the initiative of lending agricultural, housing and industrial and launched financial allocations, which is important," as he can secure financial for any real project if the necessary conditions.
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  • yota691 changed the title to Central Bank: We bought 20 trillion treasury transfers to move the market
1 hour ago, yota691 said:

"Monetary policy achieves economic stability. The stability of the exchange rate and the adequacy of reserves. Fundamental to the stability of the economy. "

Sounds like no increase of the exchange rate with this statement from Aallak ~

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1 hour ago, DWS112 said:

Sounds like no increase of the exchange rate with this statement from Aallak ~

I would like to believe..... The Central Bank needs a certain level economic stability with their exchange rate and perhaps even banking security ....Before than can safely lift the 3 Zeros. 

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Central Bank: We bought 20 trillion treasury transfers to move the market

 

Central Bank: We bought 20 trillion treasury transfers to move the market

February
Last updated
13:08 - 04 February 19
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BAGHDAD / 

The central bank governor Ali Al-Alak said on Monday that the bank bought 20 trillion treasury bills to move the market. 

"The monetary policy occupies an important part of the economy and investment sector and the central bank participates to achieve it," Al-Aallak said during a dialogue session at the Rafidain Conference held in Baghdad and attended by Baghdad. "Monetary policy achieves economic stability. The stability of the exchange rate and the adequacy of reserves. Fundamental to the stability of the economy. "

He added that "the central bank has not only achieved the basic goals, but entered the economic growth, which is unconventional policy," noting that "through the unconventional approach we have bought 20 trillion of treasury transfers and the purpose of maintaining the economic situation and move the market." 

He pointed out that "the central bank has taken the initiative of unconventional, the initiative of lending agricultural, housing and industrial and launched financial allocations, which is important," as he can secure financial for any real project if the necessary conditions.


https://www.alghadpress.com/news/اهم-اخبار-الاقتصاد-في-العراق-والعالم/190002/البنك-المركزي-قمنا-بشراء-20-تريليون-من-حوالات-الخز

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 Banks


Economy News / Baghdad ...

Al-Rasheed Bank issued a new directive Thursday to grant advances to employees, indicating that this includes card holders who have completed the settlement of their salaries.

The bank's information office said in a statement received by the economy news that Nakheel's payment was set at 10 million dinars or 5 million dinars according to the salary limit for each employee.

The statement added that the instructions included that the applicant for the advance should be an employee of the permanent owner and has a service for one year and interest (8%) for a period of (5) years to be paid in installments and benefits equal, "calling for those wishing to apply to review the nearest branch of his residence or department and fill out a form in that section Regardless of the existence or absence of an account for his department in that branch. "


Views 68   Date Added 07/02/2019

 
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Number of readings: 2550 06-02-2019 05:13 PM

06-02-2019 05:13 PM

The director of studies and operations in the bank Rashid Abdul-Muttalib Abdul Jalil said in a statement to (Tigris) that raising zeros reduces the cash mass and continued to take this decision needs to decide the top bodies and not the Central Iraqi Central 

Abdul Jalil explained false details covered by the media, including what Notes Al-Rasheed Bank 

said that the subject of the sponsor is not as it is customary, but he only signs the bill to deduct the interest during the first six months. 

He pointed out that the housing loans come in two forms, the first of which is the liberated areas T to contribute to the government were prescribed in the reconstruction of the liberated areas and distributed between the bank Rafidain and Rasheed Al - Anbar, Nineveh, Diyala, Salahuddin 

and noted that an advance of 30 million are exempt from the interest in the first five years and five second bear interest of seven percent

Kavsha said that the loans of employees depend on the amount of salary and range between 5-10 million dinars. Abdul Jalil added that the loans of small projects up to 50 million dinars at the highest level, 

stressing the cancellation of the mortgage and replaced by bail in the granting of loans and continued interest in the bank less than other banks or parallel have 

announced Abdul Jalil for features in the Rasheed Bank where he launched Master cadre palm to distract the employees ' salaries which is owned by the bank and not contracted with companies denied cutting the amount of 21 000 in exchange for payment of salaries is exaggerated and not true , but a free service to Htgaa people on the electronic card 

and added that salaries across the system Clearing Do not delay the electronic one day only if a technical glitch in the communications was found 

and pointed out that Abdul Jalil Rasheed Bank is directed towards an electronic comprehensive system that protects the customer 's international application number , stressing that the commission issuing MasterCard credit card at the Rasheed Bank only 10 thousand dinars

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  • yota691 changed the title to Abdul Jalil: raising zeros reduces the monetary mass and needs a decision from the top
1 hour ago, yota691 said:

The director of studies and operations in the bank Rashid Abdul-Muttalib Abdul Jalil said in a statement to (Tigris) that raising zeros reduces the cash mass and continued to take this decision needs to decide the top bodies and not the Central Iraqi Central 

 

:backflip:       :backflip:      :backflip:

 

YEAH, BABY!!!!!!!

 

Go Moola Nova!

:pirateship:

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06-02-2019 05:13 PM


The director of studies and operations in the bank Rashid Abdul Muttalib Abdul Jalil said in a statement to (Tigris) that raising zeros reduces the monetary mass and continued that the adoption of this resolution needs to be the decision of higher bodies and not the Central Iraqi Bank 

The Abdul Jalil details misled by the media, including what remarks on the Rasheed Bank wondering who are those bodies that have been spotted 

He added that Al-Rasheed Bank offers banking facilities in the discount and overdraft, explaining that the subject of the sponsor is not as is customary, but he only signs the bill of interest for the first six months 

He pointed out that the housing loans come in two forms, first of which is the liberated areas, which the government required to contribute to the reconstruction of liberated areas and was distributed between the bank of Rashid and Rafidain Anbar, Ninewa, Diyala and Salahuddin 

He pointed out that the 30 million advance is exempted from interest in the first five and five years and bears a benefit of seven percent 

Kavsha said that the loans of employees depend on the amount of salary and range from 5-10 million dinars. Abdul Jalil added that the loans of small projects up to 50 million dinars maximum 

Stressing the cancellation of the mortgage and replaced by a bail in granting loans and continued interest in the bank is less than other banks or parallel to them 

Abdul Jalil announced the advantages in the Rasheed Bank, where he fired a master cadre of palm to pay the salaries of employees owned by the bank and not contracted with companies and denied the cut of 21 thousand for the payment of salaries exaggerated and not true, but a free service to encourage people on the electronic card 

He added that the payment of salaries through the system of electronic clearing does not delay one day, unless there is a technical defect in communications 

Abdul Jalil pointed out that the Rasheed Bank is heading towards the implementation of the comprehensive electronic system, which protects the customer with an international number, stressing that the commission issuing MasterCard card in the bank Rashid only 10 thousand dinars

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