Frank26: CC NOTES: ONE TRILLION......... But ........ HOW???!!! (See article below)
Because not able to at 1166. KTFA Frank
walkongstick:Central Bank launches amounts of medium and small loans early July
Author: ASJ, HA, HH Editor: HA, HH 6.23.2015 Long-Presse / Baghdad
Iraqi Central Bank announced on Tuesday the launch of loan amounts medium and small enterprises by the Iraqi private banks early next month of July, and pointed out that the loan amounts will reach up to 50 million dinars, as he emphasized that banks benefit will not exceed 5.5%.
The governor of the Central Bank on the Keywords in an interview to the (long-Presse), "The central bank's decision to allocate trillion dinars to the private banks and directed to establish medium and small projects will begin early next month (July)," noting that the goal of these projects is to achieve economic development and social and support small and medium-sized economic projects and run with outstanding skills the workforce. "
Keywords and added that "the amounts to be allocated to projects in target sectors (industrial, agricultural, housing, commercial, educational, health, tourism)," pointing out that "all Iraqi private banks covered by this decision for those who wish to work out."
Keywords and pointed out that "banks will lend to citizens who wish to obtain a loan for the project and when given him the that the bank introduced the monthly lists of the amounts lent to allow the central bank by providing those amounts according to the benefits is subject to it by the parties mechanisms (central bank and private banks)."
Keywords and stressed that "citizens can in any province in Iraq borrow sums amounting to 50 million dinars and that recovery on a three-year period not exceeding, but for the benefit of, the bank decided that the interest rate borne by the borrower on the 5.5% rate of not more than."
For his part, President of the Association of private banks and depositary Handal said in an interview to the (long-Presse), said that "those loans constitute a great service to the country's economy being will absorb a large part of unemployment as well as they would move local Iraqi productive sectors not to mention the support of the Iraqi market."
Handal said that "the Bank's initiative will enhance confidence between the citizen and the private banks and make bridges of confidence there is a long and a work in progress among the branches of the banks and their clients from the citizens."
The Central Bank of Iraq, announced on Tuesday (June 19, 2015), the launch trillion dinars for private banks to finance small and medium enterprises loans, and increase the share of dollar sales for banking companies and foreign transfers, pointed out the development of measures to to address the lack of liquidity in some banks.
Stevep99: So....if the loans are accessible early in July....then something will have to change prior to getting said loans.... Can someone tell me....does not 1 and 1 still equal a change!? Come on House of 12 that has 7 for 7 Thanks WALKINGSTICK!!
Frank26: Come on 7 / 12 i mean 7/11 ........... Frankie needs a new pair of shoes. Lol
Frank26: CC NOTES:
They now have the LAWS for their OIL to create LIQUDITY via a new currency and rate.
Yup. (see article below) KTFA Frank
walkongstick :Jubouri: waiting for the arrival of the oil and gas law for the legislation
House Speaker Salim al-Jubouri
Tomorrow Press / Baghdad: The head of the House of Representatives, Saleem al-Jubouri, Tuesday, that the House of Representatives awaiting the arrival of the oil and gas law, the Council of Ministers in order to read the legislation. Jubouri said in a press conference attended by "tomorrow Press",
"The House of Representatives awaiting the arrival of the oil law The gas from the Council of Ministers in order to read the legislation, "noting that" the bilateral meeting that took place yesterday with the Prime Minister Haider al-Abadi discussed the basic legislation, including the oil and gas law. " excluded the Commission on oil and energy parliamentary approval of oil and gas law in the legislative term next to the House of Representatives , asserting that the draft law a terms of the political agreement, and there are internal agenda of trying to block the reading of personal and factional interests.
The draft oil and gas law made by the Council of Ministers was presented to the House of Representatives and read a preliminary reading during the month of March / 2007 bold and important step by the government and this draft Like the rest of the special laws projects, a must-have of thorough study and discussion of sufficient before they are issued by the legislature, particularly in light of the present period experienced by Iraq.
Frank26: Now imagine ........... What Iraq is about to do with theirs.(see article below)
walkongstick :Indonesia raises 18 trln rupiah at bond auction, above target
JAKARTA, JUNE 23
Indonesia sold 18 trillion rupiah ($1.36 billion) worth of conventional bonds at an auction on Tuesday, above an indicative target of 12 trillion rupiah, the finance ministry's financing and risk management office said.
The nine-month T-bills had a weighted average yield of 6.69921 percent.
The 11-year bonds had a weighted average yield of 8.36990 percent.
The weighted average yield for six-year bonds and the 14-year bonds were 8.24853 percent and 8.42989 percent respectively, lower than previous auction of 8.59083 percent and 8.87774 percent each.
The weighted average yield for 19-year bonds was 8.53585 percent.
Total incoming bids were 40.01 trillion rupiah, higher than the 25.280 trillion rupiah received in the last auction on June 9.
The highest bid-to-cover ratio was 4.20 for the 14-year bonds. ($1 = 13,250 rupiah) (Reporting by Nilufar Rizki; Editing by Simon Cameron-Moore)
Blackjack7 :hey y'all I have been at work all day so just got home...anything happening my wm is expecting something anytime now
Mitchna : Interesting. I am at Boston airport and husband asked for some hand cream. We stopped right next to the exchange desk to look for lotion so since I was right there I asked the person if the dinar had changed yet. She said, "I think so" and then checked her screen. She then looked up and said, Yes. 3 to 1. I asked again and she verified , Yes you get 3 Dinars for each dollar. Don't have any Dinar with me but can't help wondering if this is perhaps the 1st mouse?
[turboman] I just got a email form my bank Wxxxx Fxxxx and it was from a privite banker said for me to call and make apt. with them that it was as easy as 1-2-3 dont kno what it means this is the first time I have ever got this email from them.
[xyz] HMMMMMM IS 5M iqd ~= 5 thousands dollars? cbi: spotted trillion dinars national project down first and are ready to expand this project comes along with another project launched by the central bank to allocate five million dinars to the specialized banks, industrial and agricultural, housing and real estate Kalmsrv in order to stimulate economic activity in the current stage." He continued: "It we are waiting for detailed instructions from the government to start firing amounts to banks because there is a great interest on the amounts that go to real use is subject to censorship," adding that "it was necessary for the sustainability of this project is the development of m http://translate.google.com/translate?u=http://www.alsumaria.tv/news/138045/-
[xyz] The three Presidencies agreed upon holding a special meeting on the National Reconciliation to regain trust among the national political sides to face the current great challenges. http://en.alforatnews.com/modules/news/article.php?storyid=19881
[xyz] Keywords announce the launch of a national project to finance small projects in the first phase "the central bank is pleased today, the Declaration of important national project that aims to stimulate economic activity and employment," noting that "this project comes from the role The central bank in dealing with the current state of deflation. " http://translate.google.com/translate?u=http://www.alsumaria.tv/news/138043/-