Sunday, April 17, 2005

البنوك الأجنبية

مسكينة البنوك الأجنبية... أضاعت الوقت والجهد ولم تكن تعلم أن طريق دخول أي سوق سهل جداً، فما عليها الا أن تعين إبن محافظ البنك المركزي مديراً لديها... وسيكون لها ما تريد

تصوروا معي اجتماع عالي المستوى لدى سيتيبانك مثلاً

المدير العام: هل استوفينا الشروط التعجيزية التي وضعها البنك المركزي الفنلندي لفتح فرع في هلسنكي؟
نائب المدير: لا سيدي، الإبن الأكبر للمحافظ الفنلندي تعاقد مع بنك باريبا... والإبن الثاني يقول يبي يخدم المواطنين وما له خلق بنوك... والباجي توهم صغار
المدير العام: يعني شلون؟! شوفوا لنا أي أحد من ربعهم ولا عيال عمهم... ما سوت علينا كل هالسنين واحنا ننطر سوق فنلندا ينفتح لنا
نائب المدير: انزين ليش ما نفتح بنك للطلبة ونعين اخوانهم الصغار مدراء؟
يعطيه المدير العام نظرة بنت كلب والشرار يتطاير من عينيه

14 comments:

  1. مسكينه فلندا الكل بياكل لقمه من صوب
    قصة البنوك الاجنبيه مثل قصة الجامعات الخاصه
    الجامعات فضلت قطر و الامارات
    و البنوك متمركزه بالبحرين و دبى

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  2. ان لم تستح فإصنع ما شئت

    doesn't normaly LAw cover conflict of interest , ( normal law as in normal contry , not kuwait )

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  3. greenpea:

    Darling u can't compare between government institution and a private sector companies...and here we r not discussing Fahad's qualificatios we r saying that the central bank approved BNP based on Fahad's political appointment

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  4. Greenpea..

    It's you who is way off here.. if you read closely and carefully, you will see that Fahad's qualifications were never in dispute or even mentioned... All of Kuwait's business community was buzzing this morning upon reading the interview and seeing as how Paribas was the first to get the license and Fahad's dad is the Governor of the Central Bank.

    As for your Jena3i observation, aside from it being a cheap shot that amused you.. what exactly are you holding against PWC and Sultan Center that hasn't been said before in all the papers? And how can you possibly hold them to the same level of scrutiny as the Central Bank?!

    Nepotism in family run companies, yes even publicly traded ones, is acceptable as long as the person is qualified and the shareholders don't object.

    If you are a PWC or Sultan shareholder, you can voice your objection to any nepotism at the next shareholders' meeting.. although with their stellar performance in the stock market, I suggest you keep these objections to yourself ;-)

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  5. 57 fils, Q1 profits for Sultan

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  6. OK.. one by one... I actually like this.. It's no fun having everyone agree with me all the time ;-)

    Mookee.. You're right on point A, not right on B.. although I thank you for pointing out that my conclusions are sadly based on what we see around us everyday.

    Lucrezia.. a clarification is not the same as a retraction.

    Salmawy.. I have no grounds nor any interest in a "personal attack" on Fahad as you put it. I actually know the guy and his wife, although not well... My comments about nepotism at PWC were in response to Greenpea's totally off-base comparison of a publicly traded company and a government authority like the Central Bank.

    Crappy... I could've sworn you hired someone to write that first comment, you're never this serious ;-) (clarification: the comment addressed to Crappy is a joke ولذا اقتضى التنويه

    People... The issue here is the long drawn out process that foreign banks have had to go through to get their licenses to operate. ACCORDING TO THE ARTICLE... BNP Paribas was the first to obtain its license. It also appointed the son of the Central Bank's governor as a GM.

    Which came first? The chicken or the egg? You can draw any number of conclusions based on the information in front of you.. some will be correct, some won't.

    If I am totally off-base here, then I apologize.. (bet you didn't see that coming, huh?)

    And do I really care if foreign banks have had to suffer to get their operating licenses in Kuwait? Not really, but that's another subject for another post..

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  7. Is this what they call a Faza`a?

    فــزعــة؟

    I know its too late now to comment but I have to say that I had the exact reaction as Zaydoun's when I heard about Mr. Fahad becoming the GM for the first foreign bank in Kuwait. We are in Kuwait not Cuba, this is how business is done, it doesn't matter if the Governor of the central Bank is from the royal family or not, it just looks way too suspicious in a time where corruption seems to be at an all time high, and the Prime Minister with the Govt. are determined to deal with it head on.

    If we had more detailed information about Sheik Fahad and his qualifications like the first four points greenpea made in her/his comment, we wouldn't be so suspicious.

    But we don't and I blame the parties involved for not coming out with this background info on Mr. Fahad prior to his appointment as a GM. Again Mr. Fahad could be Jena3i and his dad is a Jena3i it doesn't matter, what matters is that most of the general public does not have access to the information mentioned here by the relatives of Mr. Fahad.

    And its a free country, so if anyone has the qualifications of Mr. Fahad or better, he or she has the right to apply for the same job too...right?

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  8. Bo Jaij:
    صح لسانـــــــــــك

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  9. FCM... I already served my jail time in Kuwait's banking sector and NOTHING will make me go back, certainly not with people like you around!

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  10. MadM2000 spins around while singing

    مغازل الخير دورى مغازل الخير دورى دورى

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  11. Bo Jaij..

    Thanks for the level-headed comment. Sometimes in the frenzy to respond to several comments at once, we lose sight of the original argument. Fahad could indeed be the best man for the job, for all I know.. but that article didn't do him any favors.

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  12. 1. Fahad is a nice guy & intelligent too.

    2. Nepotism is common practice in Kuwait, but the issue here is neither Fahad nor neptosim, its conflict of interest.

    These issues are very crucial especially in the banking sector, and this is no secret.

    Central Bank must OK any person joining a bank at a GM position.

    Many times, a person is refused a position in a bank, because his wife/ brother is in a competing bank.

    Fair is fair, and i don't think it was smart from Fahad's father to allow this to happen. I think he is by far more intelligent to put his reputation or his son's on the line. Or perhaps there is a missing part that we do not know (like is he retiring any time soon?).

    No need for all the emotions and tension, the 2 families have always been on the same side (The Royal family--Al-Sabah & Al-Qenaei), and its silly to assume otherwise.

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  13. Thank you Sheba.. I can always count on you for balanced opinions.

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Keep it clean, people!