Thread: Iraq/Dinar News. 09/05 to 01/14/07

RR whats the number to the bank i think it might be time to try a lil SE

Originally Posted by CharmedPiper

I like your thinking...but how about this. Maybe they are implementing and testing and NEED to be up and running to report their success at the meeting tomorrow....that would follow along with RR's (Indira) suspecting in a few hours. When they present to the meeting maybe they need to be able to prove successful implementation.. I am just guessing...no hard facts...and low news today. Sorry mods.

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.

Originally Posted by Adster

Anyone tried to order dinars today?????

Morning all!

It appears that you can still order from SafeDinar...but they also have that disclaimer that they can cancel orders at any time.....AND they are COD so they wouldn't have to worry about refunding any money....

Thanks Tiff. :0) I might email Bruce, not spoken to him for a while....

Originally Posted by Adster

Also ties in with the ration cards/checks, the 21st deadline I read and all being done by end of Ramadan......

Maybe we're 'dreaming' but you just never know, an awful lot of coincidences....

I believe in coincidences but now there are a lot of coincidence and to me they seemed to much planned.

With FIL implemented very very soon I think this period is the best period to settle everything.

We will find out soon.

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)

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

Originally Posted by choochie

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)

Nice one chooch, all this waiting is no good for ones facking nerves, LOL.