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 October 23, 2018
Symposium on the reactivation of the initiative of the Central Bank for Small and Medium Enterprises

The Central Bank of Iraq - Basra Branch, in the presence of the Director General of the Department of Financial Operations of the Bank, Dr. Mahmoud Dagher, held a dialogue seminar on reactivating the initiative of the Central Bank for Small and Medium Enterprises. The attendees discussed the implications of activating this initiative on the economic reality of Basra Governorate and the southern region in particular.

The Central Bank of Iraq has launched its initiative amounting to 6 trillion dinars for the sectoral and private banks for the implementation of small and medium enterprises.

 

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Remember this article... 19/09/2018

The President of the Association of Iraqi private banks, Wadih al-Hanal, on Wednesday, that the time is appropriate to activate the initiative of the Central Bank of "trillion dinars" for the support of small and medium enterprises.
 
Al-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."
Edited by 6ly410
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12 minutes ago, 6ly410 said:

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,

 

4 hours ago, yota691 said:

The Central Bank of Iraq has launched its initiative amounting to 6 trillion dinars for the sectoral and private banks for the implementation of small and medium enterprises.

 

Edited by 6ly410
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2 hours ago, Laid Back said:

No yet my friend, still a lot of work to do.

2019 is more realistic.

 

 

 

 

 

 ......had friends years ago when we were investing at the same time in iqd , the pumpers were saying any day now then some common sense rational thinking person would say they heard not till 2019 our reply was always No Kinda Way and here we all sit ....

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10 minutes ago, 3n1 said:

 

 ......had friends years ago when we were investing at the same time in iqd , the pumpers were saying any day now then some common sense rational thinking person would say they heard not till 2019 our reply was always No Kinda Way and here we all sit ....

3in1, It's been a long wait my friend . Thanks for your input:twothumbs:

 

 

 

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6 minutes ago, NEPatriotsFan1 said:

If I can recall correctly it was Bravo11 that said 2019? Correct me if I’m wrong. haven’t seen that avatar here in a long time. 

 

Side note: Go Red Sox!!! Lol sorry just hit a 3 run homer! I’m a little distracted 

Bravo11 now thats a name i havent heard of in a long time- remember him/her as being very good. Where are you bravo11 ??????????

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