Home
https://www.alsumaria.tv/news/238077/تسديد-متعثر-لقروض-وهمية-انهكت-مصارف-تجارية/ar
Stumbling repayments of fake loans have broken down commercial banks
Thursday 31 May
8739
Alsumaria News / Baghdad
Non-performing loans The banks are facing a crisis in their activities, which lead to the freezing of an important part of their funds due to the inability of borrowers to pay these loans or go to fictitious projects.
They also reduce the financial performance of commercial banks and their profitability, and lead to the withdrawal of confidence of the depositors at the banks in their possession Large volume of non-performing loans.
Loans in billions are wasted as a result of the "delay" in their payment and settlement, which jeopardizes the integrity of the financial system and stops economic projects in the country.
The problem of procrastination in the repayment of loans is one of the most important obstacles facing commercial banks, including the bank "TPI" where some people are weak procrastination without paying attention to the negative impact on the work of the bank as the volume of non-performing loans to the bank during 2014 and the bank officials more than a billion Which leaves its negative effects on the safety of its financial position and the consequent imbalance and confusion in economic activity.
Rafidain: Repayment of loans continuation of our work
For his part, an official source in the Rafidain Bank said in an interview with Alsumaria News that "the payment of loans by investors at the specified date of the continuation of the work of the bank and the continuation of lending to other groups in order to develop the economic process in the country."
"Investors and traders have stopped repaying loans and delaying them, which would stop lending until borrowers pay their debts," the source said, speaking on condition of anonymity.
Deputy: procrastination by paying an economic crime
A member of the Committee on Economy and Investment parliamentary Harith al-Harthy said in an interview with Alsumaria News that "procrastination of some investors in the payment of loans to banks or benefit from the fake guarantees harmful to the local economy falls under the door of economic crime and the integrity and the judiciary expedite the determination of files related to these crimes, The parliamentary economic committee to them."
Al-Harithi added that "there are agreements between some bank managers and some investors to circumvent and circumvent the law through the granting of loans with fake or weak guarantees, therefore, those who bear the result of these actions is the parties," noting that
"long-term loans, regardless of being legal or fraud, As a freezing of funds that could be used by better investment sectors to support the local economy."
Al-Harithi pointed out that "there are laws in force to govern the process of loans between banks and the other beneficiary of the loan, such as investors and others,
but there are procrastination and circumvention of the law of some of the failure to return those loans or procrastination in the payment of installments and be responsible for these actions party signed on the contract by the bank, In addition to the beneficiary party of the loan and here comes the role of integrity and judiciary in resolving.
Investors and traders: loans for fictitious projects
The merchant Mohammed al-Hassani said in an interview with Alsumaria News that "some traders and businessmen borrow from banks for a project," noting that
"these projects are on maps and do not exist on the ground."
"Most of the loans that were distributed by the Ministry of Industry during the last period for small and medium enterprises became clear later were for fictitious projects," Hassani said.
The investor Hassan Kanani said in an interview with Alsumaria News that "the process of lending from banks in the complexity of large due to some borrowers to procrastinate or not pay what they have, which drives these banks to develop mechanisms and strict controls to prevent such things."
Kanani added that "some banks began to stop lending because of the lack of sufficient liquidity due to the reluctance of businessmen to pay their debts and therefore it affects others and deprive them of these loans."
"Banks should impose delaying benefits on borrowers as a strong deterrent to be cautious and pay their installments on their dates," Kanani said.
Stumbling repayments of fake loans have broken down commercial banks
Thursday 31 May
8739
Alsumaria News / Baghdad
Non-performing loans The banks are facing a crisis in their activities, which lead to the freezing of an important part of their funds due to the inability of borrowers to pay these loans or go to fictitious projects.
They also reduce the financial performance of commercial banks and their profitability, and lead to the withdrawal of confidence of the depositors at the banks in their possession Large volume of non-performing loans.
Loans in billions are wasted as a result of the "delay" in their payment and settlement, which jeopardizes the integrity of the financial system and stops economic projects in the country.
The problem of procrastination in the repayment of loans is one of the most important obstacles facing commercial banks, including the bank "TPI" where some people are weak procrastination without paying attention to the negative impact on the work of the bank as the volume of non-performing loans to the bank during 2014 and the bank officials more than a billion Which leaves its negative effects on the safety of its financial position and the consequent imbalance and confusion in economic activity.
Rafidain: Repayment of loans continuation of our work
For his part, an official source in the Rafidain Bank said in an interview with Alsumaria News that "the payment of loans by investors at the specified date of the continuation of the work of the bank and the continuation of lending to other groups in order to develop the economic process in the country."
"Investors and traders have stopped repaying loans and delaying them, which would stop lending until borrowers pay their debts," the source said, speaking on condition of anonymity.
Deputy: procrastination by paying an economic crime
A member of the Committee on Economy and Investment parliamentary Harith al-Harthy said in an interview with Alsumaria News that "procrastination of some investors in the payment of loans to banks or benefit from the fake guarantees harmful to the local economy falls under the door of economic crime and the integrity and the judiciary expedite the determination of files related to these crimes, The parliamentary economic committee to them."
Al-Harithi added that "there are agreements between some bank managers and some investors to circumvent and circumvent the law through the granting of loans with fake or weak guarantees, therefore, those who bear the result of these actions is the parties," noting that
"long-term loans, regardless of being legal or fraud, As a freezing of funds that could be used by better investment sectors to support the local economy."
Al-Harithi pointed out that "there are laws in force to govern the process of loans between banks and the other beneficiary of the loan, such as investors and others,
but there are procrastination and circumvention of the law of some of the failure to return those loans or procrastination in the payment of installments and be responsible for these actions party signed on the contract by the bank, In addition to the beneficiary party of the loan and here comes the role of integrity and judiciary in resolving.
Investors and traders: loans for fictitious projects
The merchant Mohammed al-Hassani said in an interview with Alsumaria News that "some traders and businessmen borrow from banks for a project," noting that
"these projects are on maps and do not exist on the ground."
"Most of the loans that were distributed by the Ministry of Industry during the last period for small and medium enterprises became clear later were for fictitious projects," Hassani said.
The investor Hassan Kanani said in an interview with Alsumaria News that "the process of lending from banks in the complexity of large due to some borrowers to procrastinate or not pay what they have, which drives these banks to develop mechanisms and strict controls to prevent such things."
Kanani added that "some banks began to stop lending because of the lack of sufficient liquidity due to the reluctance of businessmen to pay their debts and therefore it affects others and deprive them of these loans."
"Banks should impose delaying benefits on borrowers as a strong deterrent to be cautious and pay their installments on their dates," Kanani said.
