Economic : Central Bank's decision to lift the last capital of the banks need to review
Experts and dealers: |
Baghdad morning
Says financial expert Resan insured member of the Federation of Iraqi mediators said the central bank's decision on the lifting of the last capital of the Iraqi banks as this is negative and is not encouraged in the current stage, particularly
The decision of the Iraqi Central Bank last raised capital of Iraqi banks to 250 billion Dinarepeshkl gradually over the next three years mixed reactions to the resolution, as it promised a lot of economic experts, a positive decision will contribute to the development of the general situation of the Iraqi banks in both its public and private sectors and activate the wheel of the national economy, As seen by others, including a negative taken in haste, without doing some initial assessment, such as thoughtful approval, which calls for a review him again to overcome the negatives that have been made in some of its clauses.
That the reality of the local bourse as it is not able to absorb trillions of three new shares at Alhadharvi the presence of a clear lack of liquidity in conjunction with the serious depletion of foreign currency from Iraqi Stock Exchange.
He added that the IPO is usually distributed among the shares free and another is purchased in circulation or investor rate nominal is one dinar per share, often by taking the shares free and margin multiplier of the shares for money, while the displays the extra to the public, and the fact that it stands behind the decision is the same as trying to push banks to merge with each other is the composition of the largest banks, a trend the detriment of banks and their business will not be served by a large near-term.
Had criticized Dr. Raed Saadi, a professor of Department of Banking and Management in the College of Mamoon University of the resolution, stressing that the lack of prior discussions with specialized agencies in this regard as a Securities and officials in the local bourse before the issuance of this decision greatly undermined the relationship between the central bank and that actors and added tension and constricting should have been avoided in order not to influence in the financial and economic reality which was tainted by a lot of confusion and disarray, and the resolution needed further review and study with traders in the stock market and investors.
As said, rolling in the Iraqi Stock Exchange Yahya al-Moussawi said the decision was positive because the banking sector suffers from several problems including weak capital of Iraqi banks, governmental and civil, which slows down a lot in the process of paying the Iraqi economy to free market economy and increase the growth of investments by and give him extra strength in the face of crises global economic and financial.
He said much of Iraqi banks will not be able to raise its capital by about that much of what makes them resort to merge banks Akbar, Shi expected during the next phase in the absence of movements strong by some banks to avoid problems or obstacles that Staatardha future in the face of the deficit in the financial lending and increase rates and functions and gain more customers, which contribute to the revitalization of its work in the end.
.
Experts and dealers: |
Baghdad morning
Says financial expert Resan insured member of the Federation of Iraqi mediators said the central bank's decision on the lifting of the last capital of the Iraqi banks as this is negative and is not encouraged in the current stage, particularly
The decision of the Iraqi Central Bank last raised capital of Iraqi banks to 250 billion Dinarepeshkl gradually over the next three years mixed reactions to the resolution, as it promised a lot of economic experts, a positive decision will contribute to the development of the general situation of the Iraqi banks in both its public and private sectors and activate the wheel of the national economy, As seen by others, including a negative taken in haste, without doing some initial assessment, such as thoughtful approval, which calls for a review him again to overcome the negatives that have been made in some of its clauses.
That the reality of the local bourse as it is not able to absorb trillions of three new shares at Alhadharvi the presence of a clear lack of liquidity in conjunction with the serious depletion of foreign currency from Iraqi Stock Exchange.
He added that the IPO is usually distributed among the shares free and another is purchased in circulation or investor rate nominal is one dinar per share, often by taking the shares free and margin multiplier of the shares for money, while the displays the extra to the public, and the fact that it stands behind the decision is the same as trying to push banks to merge with each other is the composition of the largest banks, a trend the detriment of banks and their business will not be served by a large near-term.
Had criticized Dr. Raed Saadi, a professor of Department of Banking and Management in the College of Mamoon University of the resolution, stressing that the lack of prior discussions with specialized agencies in this regard as a Securities and officials in the local bourse before the issuance of this decision greatly undermined the relationship between the central bank and that actors and added tension and constricting should have been avoided in order not to influence in the financial and economic reality which was tainted by a lot of confusion and disarray, and the resolution needed further review and study with traders in the stock market and investors.
As said, rolling in the Iraqi Stock Exchange Yahya al-Moussawi said the decision was positive because the banking sector suffers from several problems including weak capital of Iraqi banks, governmental and civil, which slows down a lot in the process of paying the Iraqi economy to free market economy and increase the growth of investments by and give him extra strength in the face of crises global economic and financial.
He said much of Iraqi banks will not be able to raise its capital by about that much of what makes them resort to merge banks Akbar, Shi expected during the next phase in the absence of movements strong by some banks to avoid problems or obstacles that Staatardha future in the face of the deficit in the financial lending and increase rates and functions and gain more customers, which contribute to the revitalization of its work in the end.
.