Millionday News 4/24/15 Part 1
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: TONIGHT NEWS IS A LITTLE DIFFERENT
Millionday: I HAVE A LOT OF THINGS TO EXPLAIN AND A HUGE REPORT TO SHOW YOU -- AND KNOW THAT THIS IS WHAT I SO FONDLY CALL A WHOOOPPPPPOOOW
Millionday: ALONG WITH A FEW MORE -- YOU WILL LEAVE KNOWING WHAT IS GOING ON FIRST LET ME SAY THAT THIS REPORT IS AMAZING FOR TWO REASONS TO US
Millionday: THE FIRST REASON IS THE WAY IT CAUGHT MY EYE
Millionday: THE DESCRIPTION OF THE REPORT HAD IN IT THAT IT WAS ABOUT THE INTERBANK MARKET ----------
Millionday: SO WE ASK OURSELVES WHAT IS THE INTERBANK MARKET ? --->>DEFINITION of 'Interbank Market'
The financial system and trading of currencies among banks and financial institutions, excluding retail investors and smaller trading parties. While some interbank trading is performed by banks on behalf of large customers, most interbank trading takes place from the banks' own accounts.
AND >>>>The interbank market for forex serves commercial turnover of currency investments as well as a large amount of speculative, short-term currency trading. According to data compiled in 2004 by the Bank for International Settlements, approximately 50% of all forex transactions are strictly interbank trades.
Millionday: NOTE -- SO NEXT WE SAY -- HOW DOES THIS APPLY?
Millionday: THE MARKET FOR CURRENCY IS TRADED AS WE SEE HERE IN THIS DESCRIPTION IN MANY WAYS -- INDIVIDUAL INVESTMENT -- BUSINESSES-- AND SHORT TERM -- BUT >>
Millionday: IT IS ALSO TRADED BETWEEN BANKS AND >>>
Millionday: HAS TO DO WITH HOW MUCH LIQUIDITY THEY HAVE REGULATED IN THE BANKS--- NOW BASEL III HAS PLACED REGULATIONS WITH THEIR INTERNATIONAL COMPLIANCE REGULATIONS >>>>>
The BIS has concluded that a lack of liquidity was a significant catalyst for the crisis. Thus responding to the speed at which much of the world’s financial sector ran out of spare and especially overnight cash in October 2008, Basel III sets much higher standards for liquidity.
Cash on hand: Banks must have enough cash and easy-to-sell assets on hand to survive a 30-day crisis in the financial markets, even though the turmoil was caused by outside forces.
Millionday: NOW WHAT YOU MUST UNDERSTAND IS THAT BASEL III AND ALL INTERNATIONAL BANKING REQUIREMENTS ARE CHANGING AND ARE BEING APPLIED EACH YEAR MORE AND MORE AS DIFFERENT COUNTRIES MEET COMPLIANCE BEFORE THE YEAR DEADLINE
Millionday: IN BANKING LIQUIDITY IS UNDERSTOOD TO BE .........
Millionday: HOW MUCH CASH THEY HAVE TO FULFILL WHAT THEY ARE SUPPOSED TO HAVE -- TO LIQUIDATE
Millionday: SO NOW WITH THAT LITTLE BIT OF MY INPUT ----
Millionday: LET ME BRB WITH REPORT
Millionday: Hashemi warned banking expert risk of predominance by the profitability on the edge of liquidity in the smart equation for the management of the banks because the tyranny of any party in the equation on the other end is causing a problem for the bank,
either in cash or in the profit and therefore will impact on his reputation in the market Abannok.oukal banking expert d. Essam Mahouelle that the bank (whether public or private) by a net profit, because
Millionday: NOTE -- IT IS VERY IMPORTANT TO GAIN AND KEEP CONFIDENCE IN BANKING –
WITHOUT IT A BANK WILL TAKE A LOT OF TIME REGAINING THAT FROM ALL THAT DO BUSINESS WITH THAT BANK AND COULD RESULT ON A 'RUN ON THE BANKS' AND HAS BEEN SEEN IN THE PAST
Millionday: NOTE -- IF THE BANK`S ONLY CONCERN IS PROFIT THEIR REPUTATION COULD BECOME A BAD ONE -- THEY MUST APPLY LIQUIDITY CALCULATIONS TO MAINTAIN CONFIDENCE ETC
Millionday: it signify success in the policy of the If the banks and government, the commitment to make a profit means safety procedures at work and he Sarphi budget percentages of the profits,
and if a special regional banks ( ), it is obliged to shareholders to achieve revenue of them and only went out with him to the bank and other financial Omassh generate their profit they seek as a result of their investment.
Millionday: NOTE -- SHAREHOLDERS ARE >>>>>DEFINITION of 'Shareholder'
Any person, company or other institution that owns at least one share of a company’s stock. Shareholders are a company's owners.
They have the potential to profit if the company does well, but that comes with the potential to lose if the company does poorly. A shareholder may also be referred to as a "stockholder".
Millionday: NOTE -- A SHAREHOLDER IS LISTED FOR THESE BANKS IN THE ISX OR STOCKMARKET -- SMILE
Millionday: NOTE -- THEY ARE DISCUSSING THE DIFFERENCE BETWEEN A BANK WANTING THE SHAREHOLDERS TO HAVE HUGE PROFITS/RETURNS OR KEEPING THE LIQUIDITY FOR THE CONSUMER COMPLIANCE ---
Millionday: public funds and pointed out that the binding to keep a bank a good degree of liquidity has to cope with the sudden withdrawals, and wondered why imagine the bank that there withdrawals surprise it should be hedged and have to keep the level of good liquidity and continuously?
He explained that banks and financial institutions dealing deposits audience you can withdraw money at any time, regardless of the lost private interest if they need a large liquidity,
Millionday: as Aehmh if the bank is successful or unsuccessful in banking policy does not care about any excuse may delay recovery of his money, and that the bank must be prepared to pay for public benefits at any time.
Mahouelle confirmed that the bank find a case of intelligent balance between profitability requirements and liquidity requirements.
reputation of the bank and pointed out that the problem of profit lesser the problem of liquidity so that the bank could not achieve this year's profits may be achieved in the coming year, but
Millionday: NOTE -- OBVIOUSLY WE KNOW THAT THE LIQUIDITY IS MORE IMPORTANT TO PROTECT FIRST RATHER THAN--PROFITS BECAUSE IF SOMEONE GOES TO WITHDRAW MONEY AND CANT --- THE BANK IS GOING TO HAVE MORE PROBLEMS ETC ETC
Millionday: he also said, but liquidity if it did not have enough has caused the loss of the bank to his reputation in the banking market and the owners of deposits a reputation if shaken, it is not easy to return stability again.
He said, in the case of a liquidity problem list and a worsening in a private banks, for example, because of poor liquidity management and exceeded credit risk limits in the granting of credit,
and the expansion of the granted without collateral (inadequate or completely without it),
and the monopoly of some people from the bank's owners the most liquidity of the bank to implement their own business without thinking about the return of those funds to the bank, funds that belong to the owners of deposits originally.
Millionday: NOTE -- SO WHAT THEY ARE TALKING ABOUT IS THE PROBLEM OF LOANS BEING GIVEN AND THEN A LACK OF LIQUIDITY --
Millionday: He stressed the importance that should be obliging them to refund their loans to the bank one way or another may be done either by the central bank or by the executive branch as protectors people's money in general.
and the need to obtain all loans granted guarantees are inadequate and liquidation of property that has been pledged in favor of the bank guarantee for the loans.
central role hinted Mahouelle to a prominent and important role of the Central Bank after the (lender last) and the savior of the bank through its assistance for the advancement of his distress conditions established is and
Millionday: NOTE -- THE GUARANTEE IS GIVEN BY CENTRAL BANK OR BY THE EXECUTIVE BRANCH BUT THE COMPLIANCE NEEDS TO BE FOLLOWED –
IT IS A PROBLEM IF THE LOANS HAVE NO COLLATERAL AND THE BANK HAS A COMPLETE LOSS INSTEAD OF A LIQUIDATE PROBLEM DUE TO LOANS --
Millionday: NOTE -- WE HAVE WITNESSED PROBLEMS IN THE PAST
Millionday: is not allowed for those who have caused the problem of restoring their role in the management of the bank, and the appointment of a new administrative body and temporary in order to hold the reins of things.
He said there is another solution boils down to merge the bank with another bank or to new investors provided enjoyment knowingly in the banking business and the use of Bmusrvien true for the management of the bank and are working to restore recovered again.
Millionday: SO THE REASON IS OBVIOUS THAT I AM VERY EXCITED ABOUT THIS REPORT AND IT IS THE TOPIC AT HAND ---
BASEL COMPLIANCE FOR BANKING AND ITS APPLICATION WITH STOCK ON THE LINE AS WELL ---
ALL FOR THE ECONOMIC REFORM --- BANKING REFORM -- AND THE LETTER OF GUARANTEE AS WELL
Millionday: NOTE -- ALSO THE REST OF THE NEWS I AM GOING TO SHOW YOU -- SMILE
jarhead: are they really ready
Millionday: NO NOT YET -- SEE ME
Millionday: LEFT YOURSELF OPEN
quicktolegit96: iyo, more laws or security needed?
Millionday: THEY NEED ALL THEY CAN APPLY BUT THIS IS PART OF THE REFORMS -- VERY GOOD –
AND WITH THE REST OF THE NEWS YOU WILL SEE A LARGER PICTURE TODAY
Comments may be made at the end of Part 2 Thank You