Check this out. We are 100% ready to go. SWIFT codes for Iraqi Banks are up...and 100% functional! Phoenixand also this article ~
snip ~ (SWIFT) global, and it is hoped to be launched formally in the seventh month of November
October 31, 2010
Political first :good financed a project to sell cars in a manner installment
بغداد – وفاء عامر BAGHDAD - Wafaa Amer
Bank reported good to begin financing a project to sell cars to people in coordination with the Ministry of Commerce, as he emphasized his release near the network system, "Swift" global and comprehensive system.
The Director General of BADEA Kazem Mohammad fistula in a statement singled out the "morning": that the bank initiated since the beginning of this year, in coordination with General Automotive Company of the Ministry of Commerce, launched a project to finance the purchase of taxis and private by citizens across the country, in agreement with the Councils provinces that are developing mechanisms for distribution and implementation of the project. and that selling cars is a way installments in return for interest rate of 8 percent of the price of the car if the borrower staff, and 10 percent for non-staff, to be paid the full amount within a maximum period of five years.
In regard to the Post, reported fistula that the Board of Directors of the Bank recently decided to lend repeat customers who have accounts at the bank for money to buy cars productivity associated with their work, whether agricultural, industrial or other uses, noting that the bank is developing mechanisms and controls for the application of experience and then to instruct the branches for their implementation. by another, stressed that the Bank of rational being final preparations for the direct application of network experience (SWIFT) global, and it is hoped to be launched formally in the seventh month of November.
He indicated that it was to instruct the reporters the bank in a number of countries to connect to the banks of those countries with a view to starting to new methods in the banking system and the development of other banks to facilitate communication and thus expanding the network of connections to the Rasheed Bank and the overall banking activities in any country in the world.
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