To move from the private banking sector, the role of financial intermediation to the developmental role
سمير النصيري *
Samir Alnasiri *
في ظل تداعيات الازمة الاقتصادية العالمية والحاجة الماسة الى بناء اقتصاد وطني يعتمد آلية وهيكلية جديدة للانتقال بالقطاع المصرفي الخاص من دور الوساطة المالية الى الدور التنموي ندرج في ادناه مقترحات واراء وافكار تتوفر فيها امكانات التطبيق وقابلة للمناقشة مع المعنيين والمختصين في القطاع المصرفي عموماً وكما يلي:
In view of the effects of the global economic crisis and the urgent need to build a national economy dependent mechanism and a new structure for the transition from the private banking sector, the role of financial intermediation to the developmental role in the below list of suggestions and views and ideas which have potential application and to discuss with the concerned parties in the banking sector generally, as follows. للمشاريع الصغيرة والمتوسطة المكفولة من قبل شركة الكفالات المصرفية المحدودة موزعة على القطاعات الصناعي 22% والزراعي 17% والتمويل والعقارات والتشييد 26%فاعلة في تنمية المشاريع ودعم الاقتصاد الوطني.
1 - Activating the policies of the Central Bank of Iraq for the control of monetary policy in support of the private banking system and a review of lending policies and mechanisms for the management of credit risks in granting credit and small and medium loans and investment in the productive sectors and investment to achieve cash flow and clear as some banks have made good steps and calculated in this area through the granting of loans to small and medium-sized companies guaranteed by the bank guarantees to the limited spread of industrial sectors, 22% and 17% agricultural, finance, real estate and construction 26% and 14% of trade and services 21%, and within the scheme until the end of this year will raise rates contribute to higher rates active involvement in the development of projects and support the national economy.
وتم التركيز على المشاريع الصناعية والزراعية والخدمات الصحية والتجارية اذ نعتقد أن هذا النشاط المصرفي سوف يساهم مساهمة كبيرة في دعم وتنمية الاقتصاد الوطني.
Emphasis was placed on industrial and agricultural projects, health services and trade as we believe that the banking activity will contribute significantly to the support and development of the national economy.ي.
2 - Support for the eligibility of banks to allow them to carry out banking operations and tools for all projects and activities undertaken by the ministries and departments and non-defined and confined to the banks, and opening documentary credits on foreign imports and to accept foreign money orders and the issuance of (Ambasstjp) and equal with the banks, an effective and practical to allow the banks and the civil opening of current accounts and fixed deposits of the ministries and public companies and mixed property of the state as the efficiency of financial eligibility for the banks and their ability to invest these deposits in bank instruments to support the national economy.
على أن يتولى البنك المركزي العراقي ووزارة المالية واللجنة الاقتصادية في مجلس الوزراء الموقر التنسيق فيما بينهم وتوحيد التعليمات والتشريعات التي تحقق ذلك.
That the Central Bank of Iraq, Ministry of Finance and Economic Committee of the Council of Ministers, including the distinguished coordination and standardization of regulations and legislation to achieve that.
3- الجديدة.
3 - To review the provision for bad debts collected in accordance with the rules and guidance to give flexibility and duration of additional time for banks to be able to clear the debt, most of which belong to earlier periods, although most of the debtors had migrated out of Iraq for security reasons beyond their control and that these hinder the descent of increasing the capital of the banks because of the reduction in profits realized in the outcome of these percentages deducted from the net profit and therefore affect the activities of the new investment banks.
4- قيام البنك المركزي العراقي بإعادة النظر بدراسة امكانية تخفيض الغطاء القانوني المستقطع وبنسبة 25% من حجم الودائع لدى المصارف وتجميدها لدى البنك المركزي العراقي بدون استثمار.
4 - The Central Bank of Iraq to reconsider studying the possibility of reducing the legal cover off, and by 25% of the volume of deposits in banks and frozen to the Central Bank of Iraq without investment.
إن هذه المبالغ المجمدة يمكن أن تستثمروالاستفادة منها لدعم المصارف الخاصة ويمكنها من توسيع نشاطاتها الاستثمارية والبحث عن منتجات مصرفية جديدة.
These amounts can be frozen Tsttmarwalastvadp support to private banks and enable them to expand their investment and the search for new banking products.
5- ينسجم مع الوضع الحالي لتطورات الوضع الاقتصاد العالمي.
5 - The company will be established to ensure and secure the credit of all kinds to make the State contribute to the control and the risks involved in doing this to ensure a fixed percentage of credit and make the State to ensure at least 50% of the credit along the lines of what the case in a limited bank guarantees in order to promote small and medium-sized economic viability and development, which produce goods and services that reflect the competition and to reduce inflation and building a new national economy in line with the current developments in the situation of the global economy.
6- اسست حديثاً بمشاركة بعض المصارف في رأسمالها ودعمها بتمويل يساوي تمويل الجهات الاجنبية على اقل تقدير.
6 - The Council of Ministers and the relevant government agencies to support the Iraqi company for financing small and medium enterprises and the participation of some of the newly established banks in the capital and support equivalent to the financing of foreign funding at the earliest.
7- اعابينها.
7 - review of the instructions issued by the Central Bank of Iraq with regard to determining the interest rates and make them (a maximum and minimum) and give freedom of movement for the banks to act in accordance with these limits, as well as the designation of service fees and commissions charged to customers and make them uniform for all banks are to determine the amounts of fees and commissions by the banks for the purpose of competing with each other.
8- ومنع المضاربات التي تضر بالأصول العراقية بما لا يتناسب وقيمتها الحقيقية والفعلية.
8 - study of the development, support and motivate the Iraqi market for securities and financial instruments to find the means to raise the prices paid index of the direction of the market and companies that suit, its assets, profits and production standards, including at least certainly for the true value of the shares and to prevent speculation that harm the Iraqi assets are disproportionate to the value of the real and actucal.لفنية ورسم مناهج التطوير على مستوى النظم الالكترونية الموحدة واعداد البرامج والسياسات الخاصة بالتطوير.
9 - Establishment of a special chamber within the administrative structure of the Central Bank of Iraq to develop the private banking sector in all areas of art and design curriculum development at the level of electronic systems and the preparation of the consolidated programs and policies for development.
10- اهيئة الاوراق المالية وتشريع قانون جديد للاستثمار المالي.
10 - The currently appropriate to reconsider the legislation in force and currently the central instruction to provide a basis for investment and in particular of the Banking Act (28, 29, 30 and 31 and 33) and the Securities Act and new legislation for investment finance.
11- إنشاء "صندوق" أو"محفظة خاصة" لشهادات الايداع تصدرها المصارف الراغبة لمعالجة تدهور اسعار الاسهم في سوق العراق للأوراق المالية واضافة اداة مصرفية جديدة للاستثمار الحالي لتحفيز المناخ الاستثماري في السوق وكذلك زيادة حجم ودائع المصارف مما يؤدي الى زيادة نشاطاتها الاستثمارية بكافة القطاعات الاقتصادية وبالتالي تحقيق مردود ايجابي للمستثمرين.
11 - the establishment of a "Fund" or "portfolio of special" certificates of deposit issued by banks wishing to address the deterioration of share prices in the Iraqi market for securities and the addition of a new tool for the bank's current investment climate to stimulate investment in the market, as well as increase the volume of bank deposits, which will lead to increase its investment in all economic sectors and thereby achieve a positive return for investors.
12- ضرورة إعداد نظام جديد يكفل الرقابة على الشركات والمؤسسات المالية "خارج المصارف" التي تتعامل بالتحويلات الخارجية لحماية مصالح المواطنين ومكافحة عمليات غسيل الاموال.
12 - the need to develop a new system to ensure control over the companies and financial institutions "outside the banks," which deals foreign remittances to protect the interests of citizens and the fight against money laundering operations.
13- وأخيراً نقترح أن ينظم البنك المركزي العراقي توقيتات سياساته بتخفيض الفوائد بما يكفل التقليل من التحوطات التي تنفذها المصارف بحيث اصبحت بعض هذه المصارف تنتهج سياسات ائتمانية قصيرة وبعضها اصبح لايقبل الودائع الثابتة طويلة الامد وانتهجت المصارف سياسات متحفظة جداً للتقليل من مخاطر تذبذب الفائدة.
13 - Finally, we propose to organize the Central Bank of Iraq to reduce the timing of its policies to ensure that the benefits of reducing the safeguards implemented by the banks, so some of these banks is now pursuing a policy of credit are short and does not accept to become a long-term fixed deposits and bank pursued a very conservative policies to reduce the risk of fluctuation of interest rates.
http://translate.google.com/translat...e.google.co.uk
Reply With Quote
سمير النصيري *
Samir Alnasiri *
في ظل تداعيات الازمة الاقتصادية العالمية والحاجة الماسة الى بناء اقتصاد وطني يعتمد آلية وهيكلية جديدة للانتقال بالقطاع المصرفي الخاص من دور الوساطة المالية الى الدور التنموي ندرج في ادناه مقترحات واراء وافكار تتوفر فيها امكانات التطبيق وقابلة للمناقشة مع المعنيين والمختصين في القطاع المصرفي عموماً وكما يلي:
In view of the effects of the global economic crisis and the urgent need to build a national economy dependent mechanism and a new structure for the transition from the private banking sector, the role of financial intermediation to the developmental role in the below list of suggestions and views and ideas which have potential application and to discuss with the concerned parties in the banking sector generally, as follows. للمشاريع الصغيرة والمتوسطة المكفولة من قبل شركة الكفالات المصرفية المحدودة موزعة على القطاعات الصناعي 22% والزراعي 17% والتمويل والعقارات والتشييد 26%فاعلة في تنمية المشاريع ودعم الاقتصاد الوطني.
1 - Activating the policies of the Central Bank of Iraq for the control of monetary policy in support of the private banking system and a review of lending policies and mechanisms for the management of credit risks in granting credit and small and medium loans and investment in the productive sectors and investment to achieve cash flow and clear as some banks have made good steps and calculated in this area through the granting of loans to small and medium-sized companies guaranteed by the bank guarantees to the limited spread of industrial sectors, 22% and 17% agricultural, finance, real estate and construction 26% and 14% of trade and services 21%, and within the scheme until the end of this year will raise rates contribute to higher rates active involvement in the development of projects and support the national economy.
وتم التركيز على المشاريع الصناعية والزراعية والخدمات الصحية والتجارية اذ نعتقد أن هذا النشاط المصرفي سوف يساهم مساهمة كبيرة في دعم وتنمية الاقتصاد الوطني.
Emphasis was placed on industrial and agricultural projects, health services and trade as we believe that the banking activity will contribute significantly to the support and development of the national economy.ي.
2 - Support for the eligibility of banks to allow them to carry out banking operations and tools for all projects and activities undertaken by the ministries and departments and non-defined and confined to the banks, and opening documentary credits on foreign imports and to accept foreign money orders and the issuance of (Ambasstjp) and equal with the banks, an effective and practical to allow the banks and the civil opening of current accounts and fixed deposits of the ministries and public companies and mixed property of the state as the efficiency of financial eligibility for the banks and their ability to invest these deposits in bank instruments to support the national economy.
على أن يتولى البنك المركزي العراقي ووزارة المالية واللجنة الاقتصادية في مجلس الوزراء الموقر التنسيق فيما بينهم وتوحيد التعليمات والتشريعات التي تحقق ذلك.
That the Central Bank of Iraq, Ministry of Finance and Economic Committee of the Council of Ministers, including the distinguished coordination and standardization of regulations and legislation to achieve that.
3- الجديدة.
3 - To review the provision for bad debts collected in accordance with the rules and guidance to give flexibility and duration of additional time for banks to be able to clear the debt, most of which belong to earlier periods, although most of the debtors had migrated out of Iraq for security reasons beyond their control and that these hinder the descent of increasing the capital of the banks because of the reduction in profits realized in the outcome of these percentages deducted from the net profit and therefore affect the activities of the new investment banks.
4- قيام البنك المركزي العراقي بإعادة النظر بدراسة امكانية تخفيض الغطاء القانوني المستقطع وبنسبة 25% من حجم الودائع لدى المصارف وتجميدها لدى البنك المركزي العراقي بدون استثمار.
4 - The Central Bank of Iraq to reconsider studying the possibility of reducing the legal cover off, and by 25% of the volume of deposits in banks and frozen to the Central Bank of Iraq without investment.
إن هذه المبالغ المجمدة يمكن أن تستثمروالاستفادة منها لدعم المصارف الخاصة ويمكنها من توسيع نشاطاتها الاستثمارية والبحث عن منتجات مصرفية جديدة.
These amounts can be frozen Tsttmarwalastvadp support to private banks and enable them to expand their investment and the search for new banking products.
5- ينسجم مع الوضع الحالي لتطورات الوضع الاقتصاد العالمي.
5 - The company will be established to ensure and secure the credit of all kinds to make the State contribute to the control and the risks involved in doing this to ensure a fixed percentage of credit and make the State to ensure at least 50% of the credit along the lines of what the case in a limited bank guarantees in order to promote small and medium-sized economic viability and development, which produce goods and services that reflect the competition and to reduce inflation and building a new national economy in line with the current developments in the situation of the global economy.
6- اسست حديثاً بمشاركة بعض المصارف في رأسمالها ودعمها بتمويل يساوي تمويل الجهات الاجنبية على اقل تقدير.
6 - The Council of Ministers and the relevant government agencies to support the Iraqi company for financing small and medium enterprises and the participation of some of the newly established banks in the capital and support equivalent to the financing of foreign funding at the earliest.
7- اعابينها.
7 - review of the instructions issued by the Central Bank of Iraq with regard to determining the interest rates and make them (a maximum and minimum) and give freedom of movement for the banks to act in accordance with these limits, as well as the designation of service fees and commissions charged to customers and make them uniform for all banks are to determine the amounts of fees and commissions by the banks for the purpose of competing with each other.
8- ومنع المضاربات التي تضر بالأصول العراقية بما لا يتناسب وقيمتها الحقيقية والفعلية.
8 - study of the development, support and motivate the Iraqi market for securities and financial instruments to find the means to raise the prices paid index of the direction of the market and companies that suit, its assets, profits and production standards, including at least certainly for the true value of the shares and to prevent speculation that harm the Iraqi assets are disproportionate to the value of the real and actucal.لفنية ورسم مناهج التطوير على مستوى النظم الالكترونية الموحدة واعداد البرامج والسياسات الخاصة بالتطوير.
9 - Establishment of a special chamber within the administrative structure of the Central Bank of Iraq to develop the private banking sector in all areas of art and design curriculum development at the level of electronic systems and the preparation of the consolidated programs and policies for development.
10- اهيئة الاوراق المالية وتشريع قانون جديد للاستثمار المالي.
10 - The currently appropriate to reconsider the legislation in force and currently the central instruction to provide a basis for investment and in particular of the Banking Act (28, 29, 30 and 31 and 33) and the Securities Act and new legislation for investment finance.
11- إنشاء "صندوق" أو"محفظة خاصة" لشهادات الايداع تصدرها المصارف الراغبة لمعالجة تدهور اسعار الاسهم في سوق العراق للأوراق المالية واضافة اداة مصرفية جديدة للاستثمار الحالي لتحفيز المناخ الاستثماري في السوق وكذلك زيادة حجم ودائع المصارف مما يؤدي الى زيادة نشاطاتها الاستثمارية بكافة القطاعات الاقتصادية وبالتالي تحقيق مردود ايجابي للمستثمرين.
11 - the establishment of a "Fund" or "portfolio of special" certificates of deposit issued by banks wishing to address the deterioration of share prices in the Iraqi market for securities and the addition of a new tool for the bank's current investment climate to stimulate investment in the market, as well as increase the volume of bank deposits, which will lead to increase its investment in all economic sectors and thereby achieve a positive return for investors.
12- ضرورة إعداد نظام جديد يكفل الرقابة على الشركات والمؤسسات المالية "خارج المصارف" التي تتعامل بالتحويلات الخارجية لحماية مصالح المواطنين ومكافحة عمليات غسيل الاموال.
12 - the need to develop a new system to ensure control over the companies and financial institutions "outside the banks," which deals foreign remittances to protect the interests of citizens and the fight against money laundering operations.
13- وأخيراً نقترح أن ينظم البنك المركزي العراقي توقيتات سياساته بتخفيض الفوائد بما يكفل التقليل من التحوطات التي تنفذها المصارف بحيث اصبحت بعض هذه المصارف تنتهج سياسات ائتمانية قصيرة وبعضها اصبح لايقبل الودائع الثابتة طويلة الامد وانتهجت المصارف سياسات متحفظة جداً للتقليل من مخاطر تذبذب الفائدة.
13 - Finally, we propose to organize the Central Bank of Iraq to reduce the timing of its policies to ensure that the benefits of reducing the safeguards implemented by the banks, so some of these banks is now pursuing a policy of credit are short and does not accept to become a long-term fixed deposits and bank pursued a very conservative policies to reduce the risk of fluctuation of interest rates.
http://translate.google.com/translat...e.google.co.uk
Reply With Quote