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Specialists: the granting of loans by (Key Card) will not reduce corruption loans

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Specialists: the granting of loans by (Key Card) will not reduce corruption loans Empty Specialists: the granting of loans by (Key Card) will not reduce corruption loans

Post  Admin Sat Aug 03, 2013 10:35 am

Author: bian5 on: Saturday 03/08/2013 11:06 am





BAGHDAD / WAP / report / Ghani Saidi ...

Economic analysts stressed that the granting of loans has positive effects on the economic and financial reality of Iraq, whether industrial or agricultural loans or municipal Awaskaneh, is that given by the smart card (Key Card) will not limit the cases of corruption in the loan transactions.

He said economic analyst Abdul Rahman al-Mashhadani that "the granting of loans of all kinds (housing, commercial, industrial and agricultural) through the smart card (Key Card) will not limit the rampant corruption in the granting of these loans transactions."

He Almheshadana news agency Baghdad International / WAP /, that "the granting of loans has positive effects on the economic reality and the Iraqi financial whether agricultural loans, industrial or service or housing will lead therefore to expand the activity that is being harnessed him, but granting these loans through to Card is part of the mechanics of the evolution of the banking system in Iraq. "

He added, "The Ministry of Finance does not have sufficient capacity to implement this mechanism in banks because the measures taken for the granting of loans in the departments of banks can be difficult and complex, when open the customer's account at any bank needs to sponsor has an account in the bank and the Central Bank of Iraq."

He noted that the "financial and administrative corruption is a condition found in all state departments, including the Ministry of Finance, and the granting of loans by Ki Card needs to the organization in order to eliminate the cases of financial corruption, and we see that all departments are involved in the process of corruption."

On his part, said economic analyst Hatim Alboati, that "the granting of loans by Ki Card is only for the benefit of the company smart card in the first place without the other because it will be obtaining the amount of 10 thousand dinars from a customer who purports to be obtained."

He Alboati news agency Baghdad International / WAP /, that "the company smart card with ties to influential in the Ministry of Finance, which will help them to get through this relationship borrowers a certain amount as you get from retirees, not a way that will be on its way grant Alorteurod any payoff on the economic and financial situation of the Iraqi banking. "

He pointed out that "the procedures for granting loans to citizens of all kinds can not SmartCard do, such as agricultural loans where the measures taken allow the issue is worth advanced for this whole or in part through the controls that are placed by the management of the Agricultural Bank, for example."

He said the "use to Card in the granting of loans by the banks will not reduce the cases of financial and administrative corruption because it has become widespread in all aspects of the state."

Among economic analyst Majid picture that "the granting of loans and advances to citizens is done by orders and the mechanics of the one issued by the Ministry of Finance and not by the smart card as some imagine, through the issuance of the smart card for the granting of loans."

He said the picture of the Baghdad International News Agency / WAP / that "the granting of loans transactions made through banks in accordance with the mechanisms established by the Ministry of Finance may be unable Batalqh smart for their implementation if applied to card banks to grant loans to citizens."

He added that "the idea is not the granting of loans by Ki card, but what mechanism and controls that facilitate the process of granting loans through the smart card."

He pointed out that "the adoption of smart card system in all banking transactions, especially in the process of granting financial loans is to eliminate red tape and financial corruption prevailing."

He said the "process of administrative corruption is not the smart card, but corruption is in the process of receiving the dossier of loan by the bank citizen and here starts episodes of corruption and taking fueled by a lot of weak people." / End 2

 


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