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mike alfred

Finance Bank to Carry Banking Activities Under CBI Terms - 0 views

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Iraq Banking Sector Bank of Economy

shared by mike alfred on 09 Aug 14 - No Cached
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  • mike alfred on 09 Aug 14
     
    Iraqi Dinar 123 News:- Central Bank of Iraq takes Bank of Economy of Iraq under its guardianship after receiving several complaints about the performance of bank of economy. Bank of economy committed breach of contract with several foreign and local companies that negatively impacted the overall goodwill of Iraq and its banking system.
mike alfred

Central Bank Invites Foreign Banks in Iraq - 0 views

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Foreign Banks International

shared by mike alfred on 08 May 14 - No Cached
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  • mike alfred on 08 May 14
     
    Many foreign banks are already operating in the country and number of new banks is applying for new branches on daily basis. Recently two Lebanon banks applied for new branches in Iraq and the procedure is under operation. Central bank of Iraq is trying to enhance the banking activities in the country that's why third party contract is made with different money transfer companies for the expansion of dollar trade in the country.
mike alfred

The Central Bank of Iraq Imposed Trusteeship on Economy Bank of Iraq - 0 views

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Economy Bank of Iraq Central

shared by mike alfred on 15 Jun 14 - No Cached
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  • mike alfred on 15 Jun 14
     
    Central bank of Iraq is trying to build its trust among foreign companies, foreign investors and local traders for the successful financial operations. Now central bank of Iraq is responsible for the failure of economy bank in the financial operations. Central bank of Iraq formed a committee of three members to complete the process of Trusteeship and report it in the next few days.
mike alfred

Lebanese Banks Expanding Their Activities in Iraq - 0 views

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Labanese Banks Iraqi Dinar IQD RV

shared by mike alfred on 19 Jun 14 - No Cached
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  • mike alfred on 19 Jun 14
     
    Lebanon banks are some of those banks who were allowed to operate in the Iraq by central bank. The Lebanon banks are expanding their business activities in Iraq and have launched a wide campaign to gain their business goals in Iraq. The central bank of Lebanon said that Iraq is offering active business opportunities in the country that Lebanon banks don't want to waste.
mike alfred

The Guardianship of The Central Bank Will Enhance Investment - 0 views

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Central Bank of Iraq Guardianship IQD

shared by mike alfred on 08 Jun 14 - No Cached
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  • mike alfred on 08 Jun 14
     
    Central bank of Iraq is always busy in the betterment of the banking sector of Iraq. Every day the new positive things are seen in the central bank for the envelopment of banking sector and also the economy of Iraq. Central bank of Iraq took economy bank of Iraq in its guardianship for the investment point of view.
mike alfred

Development of Banking Sector of Iraq and Chapter Viii - 0 views

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Chapter viii Foreign Banks Dinar

shared by mike alfred on 07 Jun 14 - No Cached
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  • mike alfred on 07 Jun 14
     
    The Central bank of Iraq is inviting different foreign banks to open their branches in the different cities of Iraq. The braches of these foreign banks are being opened in the areas where international companies are operating on different projects in Iraq. Central bank of Iraq and the bank of economy are discussing new mechanism for the development of banking sector.
mike alfred

Banking Sector of Iraq Will Be More Effective - 0 views

www.iraqidinar123.com/ill-effective-guardianship-cbi

Guardianship Iraqi News Banks

shared by mike alfred on 06 Aug 14 - No Cached
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  • mike alfred on 06 Aug 14
     
    Central bank of Iraq introduced some new rules for the improvement of banking sector of Iraq. Now local and international companies can claim its loss with the central bank of Iraq in the case of failure of commercial banks in the performance of contract. According to guardianship rule, central bank of Iraq is responsible for any negligence on the part of commercial banks in any of the contract with foreign companies.
mike alfred

The Association of private banks are coordinating with the Central Bank of Iraq - 0 views

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Dinar Central Bank Private Banks

shared by mike alfred on 18 Feb 14 - No Cached
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  • mike alfred on 18 Feb 14
     
    Head of the Association of private banks in Iraq Wadi Nuri Monday, launching an extended workshop for civil and private banks in coordination with the Central Bank to discuss the latest Iraqi dinar exchange rate against the u.s. dollar in the local market.
mike alfred

CBI Warned Against Dealing With Basra International Bank - 0 views

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Basra Internaional Bank Trusteeship CBI

shared by mike alfred on 18 Jun 14 - No Cached
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  • mike alfred on 18 Jun 14
     
    After taking economy bank of Iraq under the trusteeship, the central bank of Iraq warned its citizens to deal with Basra International Bank. Due to failure of many financial obligations, the central bank of Iraq decided to take Basra International Bank under the trusteeship. Therefore all the financial operations are suspended until the things gets normal.
mike alfred

Private Banks And Their Role in The Economic Development - 0 views

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Central Bank CBI Private Banks

shared by mike alfred on 10 May 14 - No Cached
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  • mike alfred on 10 May 14
     
    The aim to stabilize the currency of Iraq, the central bank of Iraq allowed money exchange companies to open bank accounts in Iraqi dinar and US dollar directly in central bank. The purpose of these accounts to expand the sales of US dollars and other foreign currencies so that dinar could be stabilized in the country. More than 34 local and international companies instantly accepted the offer of central bank for opening accounts.
mike alfred

Banking Sector of Iraq is Growing - 0 views

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Growing Banking Sector Iraq News CBI

shared by mike alfred on 05 Jun 14 - No Cached
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  • mike alfred on 05 Jun 14
     
    This is the result of these efforts that many of the reputed foreign banks are operating in Baghdad and in the many other cities of Iraq. Some other foreign banks are also willing to open their bank branches in Iraq. The addition of these banks will support foreign companies operating in Iraq in their business operations.
mike alfred

Banking System is The Key For The Success of Monetary Policies - 0 views

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Modern Banking System Iraqi Banks

shared by mike alfred on 28 Aug 14 - No Cached
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  • mike alfred on 28 Aug 14
     
    Iraqi Dinar 123 News:- The experts believe that the success of monetary policies of central bank mainly depends upon the performance of banks and a better banking system. An affective banking system is the key to apply monetary policies to get desired results.
mike alfred

New Banking Strategies and Economy of Iraq - 0 views

www.iraqidinar123.com/anking-strategies-economy-iraq

Banking Strategies Iraq Sector

shared by mike alfred on 07 Aug 14 - No Cached
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  • mike alfred on 07 Aug 14
     
    Central bank of Iraq is introducing new banking strategies for local and foreign banks to operate in the country. According to these new strategies, the foreign banks will be allowed to open new branches in almost all the parts of the country. There will be no any restriction on the number of branches in the cities. There were restrictions on every foreign bank to open new branches in the famous cities of Iraq.
mike alfred

Daash Robbed 4.5 Billion Dollars From Iraq Banks - 0 views

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Daash Bank Robbed Iraqi Banks ISIS

shared by mike alfred on 09 Aug 14 - No Cached
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  • mike alfred on 09 Aug 14
     
    The finance ministry of Iraq said that Sunni militant group Daash has robbed more than $4.5 billion from Iraq banks in the last month that made it richest terrorist organization of the world. According to initial report, ISIS robbed 75 bank branches in the different cities of Iraq. Central bank of Iraq had to bear a huge loss while compensating the international banks for their loss in the country.
mike alfred

Rasheed Bank to Show Its Properties to Attract investors - 0 views

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Rasheed Bank Iraqi News Banks

shared by mike alfred on 08 Aug 14 - No Cached
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  • mike alfred on 08 Aug 14
     
    It was shown on Saturday that Rasheed Bank wanted to announce and show the properties of the investors to increase the profits in several provinces under specific circumstances. Mohammad Kazem, the bank director reported that the bank would open its branches in Erbil, Dohuk and Sulaymaniayah with an Islamic banking branch opening in Erbil for the benefit of the clients.
mike alfred

Guardianship For Ahli Bank to be Raised Across Iraq - 0 views

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Al Ahli Bank Central Guardianship

shared by mike alfred on 15 Jul 14 - No Cached
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  • mike alfred on 15 Jul 14
     
    Iraqi Dinar 123 News:- The Central Bank of Iraq lifted the ban from Al-Ahli Bank of Iraq across the joint after Ivauh in providing administrative obligation to all the clients of the bank and the bank itself too.
mike alfred

Role of Private Banks Can't Be Denied in Iraq's Reconstruction - 0 views

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Iraq Banking Sector Iraqi Banks News

shared by mike alfred on 19 Jul 14 - No Cached
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  • mike alfred on 19 Jul 14
     
    According to the Association of the Iraqi banks, it was revealed that the banking sector helped a lot in the reconstruction of Iraq. It was especially the private sector in the banking line that played this role.
mike alfred

New Banking Reforms bring Business in Iraq: CBI - 0 views

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banking reforms Iraqi banks Iraq news

shared by mike alfred on 18 Sep 14 - No Cached
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  • mike alfred on 18 Sep 14
     
    Iraqi Dinar 123 News:- Central bank of Iraq is introducing new banking reforms to support local and international trade. These reforms are expected to bring positive change in the behavior of foreign companies for Iraq and its local companies. Central bank of Iraq under the supervision of governor Salman introduced new payment method for local and international companies operating in Iraq.
mike alfred

Steps Needed to Take to Restructure The Banking Sector - 0 views

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Iraq banking sector Iraqi news iqd

shared by mike alfred on 24 Sep 14 - No Cached
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  • mike alfred on 24 Sep 14
     
    Iraqi Dinar 123 News :- The central Association of private banks is thinking about developing a proper plan for the restructuring of the banking sector. The banking sector of Iraq is lagging behind in technology and latest banking techniques.
mike alfred

The Central Bank Warned Against Dealing Bitcoin - 0 views

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Bitcoin Currency Scam CBI Iraqi Dinar

shared by mike alfred on 02 Jun 14 - No Cached
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  • mike alfred on 02 Jun 14
     
    The central bank of Iraq warned commercial banks of Iraq to avoid dealing with the currencies not directly coming from central bank of Iraq. Central bank of Iraq especially warned commercial banks against use of Bitcoin in their dealing to avoid any currency scam. Bitcoin is the digital currency used for internet sales and purchase.
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