RR whats the number to the bank i think it might be time to try a lil SE
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RR whats the number to the bank i think it might be time to try a lil SE
Good point Charmed!
If we put it together it sounds logical but we cannot say it for a fact!
Rember that they were working last saturday. Things must be finished now and I think for tomorrow for the meeting.
I hope we see a revalue before this weekend!! It would be the perfect timing.
Thanks Tiff. :0) I might email Bruce, not spoken to him for a while....
Not sure if relevant but thought I'd post this article from the 11th. Just seems the banking system is getting ALL THEIR DUCKS IN A ROW.
Iraq Company for Bank Guarantees aims for late October launch
Wednesday, October 11th 2006
The Iraq Company for Bank Guarantees (ICBG) is gearing itself for a late October launch. Preparatory work is well underway at the ICBG to ensure a business commencement date at the end of October.
Shareholder and follow on ICBG Board meetings have been held in August and September. During September and October, ICBG management will undertake a structured marketing effort with all commercial banks and finalize guarantee applications with those that will be ready to approach the company on its scheduled launch date.
Guarantee applications for two SME loans are expected in September for management review. Executive, Risk Management, Audit and Grants oversight committees will be meeting shortly to take stock of all preopening work underway. Committee reports will be presented at the next ICBG Board meeting in early October. At this meeting a formal opening date for the institution should be set for announcement.
Through a technical assistance and grants program developed with the ICBG, the U.S. Agency for International Development (USAID) is endeavoring to foster among the Iraqi private banks an SME lending capacity, a shift from an asset-based to a cash-flow-based lending methodology, and development of healthy corporate governance and loan practices.
An increasingly large portfolio of ICBG guaranteed loans offered by participating banks will contribute to national economic development, which will in turn spur SME expansion and associated job growth.
Cheers!
DayDream
Not forgetting the hydrocarbon law by the end of the week we read.....
Finally got through all the posts, it is crazy in here. Hopefully we will know something soon! I haven't tried to place any orders yet this week, but if I get out today, will stop at my local Chase and see if anything has changed.
Hope this facking thing r/v's soon! (had to put that in there):biggrin:
Translated version of http://www.alzawraa.net/home/index.php?option=com_content&task=view&id=4695&Ite mid=73
very good read!! cannot copy and paste
Inflation serious ill effects signaling Iraq economy
18/10/06