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تخفيض بنسبة 150 بالمئة

English translation: shall be reduced (decreased) by 150%

GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Arabic term or phrase:تخفيض بنسبة 150 بالمئة
English translation:shall be reduced (decreased) by 150%
Entered by: Ahmed Ghaly (X)

21:15 Nov 24, 2014
Arabic to English translations [PRO]
Bus/Financial - Business/Commerce (general) / Central Bank Decision
Arabic term or phrase: تخفيض بنسبة 150 بالمئة
Not sure how you can reduce the loan balances by 150% (am I missing something?):

يخفض الاحتياط الالزامي لأي مصرف بنسبة 150% من أرصدة القروض التي تمنح لتمويل سخانات مياه تعمل على الطاقة الشمسية

I don't think it would be mathematically feasible to say: the mandatory reserve of any bank will be decreased/reduced by150% from the balance of the loans that are granted to fund solar water heaters...

Reducing an amount by 150% will bring it to less than zero, no?

So what is going on here? Thanks for any insight into what seems to be a puzzle...
Jacques Saleh
United States
Local time: 06:08
shall be reduced (decreased) by 150%
Explanation:
Dear Respected Asker

Good Day,

After a careful and thorough search, it is proven to me that the numbers are correct because they are mentioned on two official websites.

http://css.escwa.org.lb/sdpd/1582/d1s21a.pdf

http://www.eecosolutions.com/conferences/build it green leba...

As i understand, the reduction percentage shall be calculated as follows:-

150/ 100 x the balance of loans granted to fund solar water heaters = The outcome

The mandatory reserve will be reduced by deducting the outcome amount from it. For sure, this will not affect the mandatory reserve amounts to the extent that they will be less than zero as you expected because the reduction ratio shall be calculated according to the balance of loans granted to fund solar water heaters and these amounts are not expected to be extremely high. Like this, it is expected that the reduction ratio may range between 3 - 10% maximum.

Hope this helps

Good Luck!
Selected response from:

Ahmed Ghaly (X)
Egypt
Local time: 13:08
Grading comment
Thanks, Ahmed, for confirming my hunch...
4 KudoZ points were awarded for this answer



Summary of answers provided
5 +4shall be reduced (decreased) by 150%
Ahmed Ghaly (X)
4 +1150% discount rate
Chakib Roula


  

Answers


23 mins   confidence: Answerer confidence 4/5Answerer confidence 4/5 peer agreement (net): +1
150% discount rate


Explanation:
Basic translation

--------------------------------------------------
Note added at 33 mins (2014-11-24 21:48:37 GMT)
--------------------------------------------------

I cant judge the content as I am not a finance specialist.Therefore,I have just translated the term.

Chakib Roula
Algeria
Local time: 12:08
Specializes in field
Native speaker of: Native in ArabicArabic, Native in FrenchFrench
PRO pts in category: 23
Notes to answerer
Asker: This does not change the puzzle: how can you have 150% discount rate without going below zero?


Peer comments on this answer (and responses from the answerer)
agree  Mohamed Gaafar
31 mins
  -> Thanks
Login to enter a peer comment (or grade)

43 mins   confidence: Answerer confidence 5/5 peer agreement (net): +4
shall be reduced (decreased) by 150%


Explanation:
Dear Respected Asker

Good Day,

After a careful and thorough search, it is proven to me that the numbers are correct because they are mentioned on two official websites.

http://css.escwa.org.lb/sdpd/1582/d1s21a.pdf

http://www.eecosolutions.com/conferences/build it green leba...

As i understand, the reduction percentage shall be calculated as follows:-

150/ 100 x the balance of loans granted to fund solar water heaters = The outcome

The mandatory reserve will be reduced by deducting the outcome amount from it. For sure, this will not affect the mandatory reserve amounts to the extent that they will be less than zero as you expected because the reduction ratio shall be calculated according to the balance of loans granted to fund solar water heaters and these amounts are not expected to be extremely high. Like this, it is expected that the reduction ratio may range between 3 - 10% maximum.

Hope this helps

Good Luck!

Ahmed Ghaly (X)
Egypt
Local time: 13:08
Works in field
Native speaker of: Native in EnglishEnglish, Native in ArabicArabic
PRO pts in category: 56
Grading comment
Thanks, Ahmed, for confirming my hunch...

Peer comments on this answer (and responses from the answerer)
agree  Mohamed Gaafar
13 mins
  -> Many Thanks, I highly appreciate it
agree  Samar Higazi
1 day 21 hrs
  -> Many Thanks, I highly appreciate it
agree  shaden1 (X)
4 days
  -> Many Thanks, I highly appreciate it
agree  Jawad Jamal
5 days
  -> Many Thanks, I highly appreciate it
Login to enter a peer comment (or grade)



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