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mike alfred

Iraq Banking Rating Released by World Bank - 0 views

www.iraqidinar123.com/ing-rating-released-world-bank

iraqi dinar revaluation

shared by mike alfred on 17 Dec 14 - No Cached
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  • mike alfred on 17 Dec 14
     
    According to the yearly report published by the World Bank, the banking business in Iraq is terribly done and they are not being able to cope with the rest of the world. Iraq has been ranked quite low in the list of SME Banking and other sectors. Iraq was ranked at the bottom out of 189 countries and it was because of the terrible political and social conditions of the country.
mike alfred

Iraq Banking Sector is Growing - 0 views

www.iraqidinar123.com/iraq-banking-sector-growing

Iraqi Private Banks Economy RV

shared by mike alfred on 25 Aug 14 - No Cached
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  • mike alfred on 25 Aug 14
     
    Iraqi Dinar 123 News:- The banking expert Samir Alnasiri announced that private banks are setting their standards to achieve the proper goals for a better system of management in handling the challenges that they face. The banking sector needs to update itself to come at par with the international banks.
mike alfred

Banks Taking Measures to Address The Financial Matters - 0 views

www.iraqidinar123.com/ures-address-financial-matters

Iraqi Banks Private CBI

shared by mike alfred on 04 Jul 14 - No Cached
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  • mike alfred on 04 Jul 14
     
    The central bank called in specialists to manage the important issues faced by the Iraqi banks. Hadi-al-Tamimi was hired who came to a conclusion that all the issues faced by the private banks were due to the non following of the rules and regulations laid out by the Central Bank.
mike alfred

British Bank Opening Branches in Iraq - 0 views

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British Bank Foreign Banks IQD

shared by mike alfred on 01 Sep 14 - No Cached
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  • mike alfred on 01 Sep 14
     
    British bank that they would be opening branches in Iraq. This also confirmed news that several other banks are also showing interest in doing the same. They are trying to negotiate with the Central Bank of Iraq which would help in the success of business and address other financial issues in the country.
mike alfred

Iraqi Banks Need To Keep The Pace With Modern Technology - 0 views

www.iraqidinar123.com/odern-technology-world-experts

Iraq Banking Sector Foreign Banks

shared by mike alfred on 24 Jun 14 - No Cached
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  • mike alfred on 24 Jun 14
     
    The experts believe that the banking sector of Iraq is not complying with the international standards and it is one of the biggest obstacles in the development of the country. The foreign companies operating in Iraq often complain for the inadequate services provided by the local banks.
mike alfred

Banking System Needs Improvement - 0 views

www.iraqidinar123.com/nking-system-needs-improvement

Iraq banking system Iraqi dinar iqd rv

shared by mike alfred on 23 Sep 14 - No Cached
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  • mike alfred on 23 Sep 14
     
    Iraqi Dinar 123 News :- Economists have said that the banking sector of Iraq needs development according to the latest techniques followed all over the world. The first thing to do is that the central bank of Iraq needs to raise its capital to 250 billion dinars for each bank.
mike alfred

CBI Allows Financial Companies to Open Bank Accounts in USD And IQD - 0 views

www.iraqidinar123.com/n-bank-accounts-in-usd-and-iqd

CBI Financial Companies IQD

shared by mike alfred on 06 May 14 - No Cached
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  • mike alfred on 06 May 14
     
    With 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

Capital Bank of Jordan Opening New Branches in Iraq - 0 views

www.iraqidinar123.com/rdan-opening-new-branches-iraq

Capital Bank of Jordan Foreign Banks

shared by mike alfred on 30 May 14 - No Cached
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  • mike alfred on 30 May 14
     
    The central bank of Iraq is struggling hard to attract international banks and other foreign investors to invest in the country and open new branches in the different cities of Iraq.
mike alfred

Bank's Performance to be Enhanced With New Mechanism - 0 views

www.iraqidinar123.com/nce-enhanced-new-mechanism-cbi

Iraq Banking Sector Iraqi News IQD

shared by mike alfred on 05 Jun 14 - No Cached
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  • mike alfred on 05 Jun 14
     
    The central bank of Iraq is aim to improve the banking structure of Iraq according to ongoing circumstances to meet the challenges of new world. For this purpose, central bank of Iraq is working on a mechanism that will enhance the performance and functionalities of these commercial banks of Iraq.
mike alfred

Difference of Exchange Rate Between Central Bank And Other Companies - 0 views

www.iraqidinar123.com/nies-is-the-sign-of-corruption

iraqi dinar exchange news CBI

shared by mike alfred on 29 Mar 14 - No Cached
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  • mike alfred on 29 Mar 14
     
    Hassan Al-Bayati: Difference of exchange rate between central bank and other companies is the sign of corruption The central bank of Iraq is losing the control over commercial banks and other banking companies, said, Hassan Al-Bayati the noted member of finance committee of Iraq.
mike alfred

CBI Allows to Settle New Banks in Lucrative Business Areas - 0 views

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Lucrative Business Private Banks IQD

shared by mike alfred on 22 Aug 14 - No Cached
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  • mike alfred on 22 Aug 14
     
    The CBI and other private banks gave approval of setting up banks in such areas of the country which would give good business finance to them. Most of the private banks are expected to handle and manage things out in such a way that everything would operate in Iraq to develop a sound working system of branches in the different provinces for better development.
mike alfred

Banking System is The Pillar of Economy of Iraq - 0 views

www.iraqidinar123.com/ar-economy-iraq-yasser-hussein

Economic Experts Iraqi Economy RV

shared by mike alfred on 02 Sep 14 - No Cached
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  • mike alfred on 02 Sep 14
     
    The economic experts like Yasser Hussein say that Iraq will have to focus on the development of banking system of Iraq as it is sure way to attract foreign companies for the purpose of business in the country. The banking system of Iraq is operating the traditional and old banking methods in their routine business operations that are so poor strategy by the government and central bank of Iraq.
mike alfred

Establishing Banks For Better Economic Development - 0 views

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Economic Development Iraqi Banks

shared by mike alfred on 04 Jul 14 - No Cached
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  • mike alfred on 04 Jul 14
     
    Iraqi Dinar 123 News:- The private and banking sectors of Iraq are facing severe crises; they called in economists to help them out of the money laundering issue which is the major cause. Mahma Khalil, a member of the Economic Committee said that the private banks need help from the Central Bank to get out of their monetary issues.
mike alfred

Sophisticated Banking System is Required to Combat Money Laundering - 0 views

www.iraqidinar123.com/oney-laundering-shkran-fatlawi

Iraqi Banks Money Laundering IQD

shared by mike alfred on 06 Aug 14 - No Cached
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  • mike alfred on 06 Aug 14
     
    Shkran Fatlawi, the banking specialist stress on the need of sophisticated banking policies to combat the money laundering or the economic development of Iraq. There must be a better system to monitor the movement of capital throughout the country. Otherwise the sick banking system can destroy the economy of the country.
mike alfred

Central bank to take measures intended to hit the local currency - 0 views

www.iraqidinar123.com/central-bank-to-take-measures

Iraqi Dinar Central Bank Currency

shared by mike alfred on 15 Feb 14 - No Cached
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  • mike alfred on 15 Feb 14
     
    MP Aziz Shareef al-Mayahi said that The central bank's decision requiring the banks to deposit all their money in the Central Bank as a condition for entry into the auction to buy the currency, began its results reflected clearly on the rise in the dollar exchange rate suspiciously.
mike alfred

World Bank lends 355 million dollars to Iraq - 0 views

www.iraqidinar123.com/world-bank-lends

Dollar World Bank Iraqi Dinar Revaluation

shared by mike alfred on 04 Mar 14 - No Cached
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  • mike alfred on 04 Mar 14
     
    The World Bank signed an agreement on a loan of 355 million dollars to develop the dry canal project and finance the construction of the road network of domestic and international presence of the Minister of Finance Agency purity of net debt and the Minister of Construction and Housing Mohammad Darraji and World Bank representative Fred bin Haj and a group of Commission services and reconstruction in Iraq's parliament.
mike alfred

Reduction in The Central Bank Sales - 0 views

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Iraqi Dinar Revaluation Central Bank

shared by mike alfred on 21 Dec 13 - No Cached
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  • mike alfred on 21 Dec 13
     
    Sales of the Iraqi Central Bank declined with the end of the sessions of the week, the current rate of 165 million dollars with the participation of 20 banks in an auction today.
mike alfred

Iraq Taking Serious Steps to Protect Its Funds Abroad - 0 views

www.iraqidinar123.com/ps-to-protect-its-funds-abroad

Central Bank Iraq News Iraqi Funds

shared by mike alfred on 14 Apr 14 - No Cached
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  • mike alfred on 14 Apr 14
     
    The Central bank of Iraq is facing different fictitious creditors in the different foreign countries. Therefore the central bank of Iraq took swift action and distributed its funds in the different foreign banks to avoid these false creditors. This will help central bank to protect its funds abroad.
mike alfred

CBI to Open Money Transfer Companies Accounts - 0 views

www.iraqidinar123.com/ey-transfer-companies-accounts

Money Transfer Companies Iraq News

shared by mike alfred on 24 Apr 14 - No Cached
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  • mike alfred on 24 Apr 14
     
    The central bank of Iraq is doing its best to modernize the banking system in Iraq so that it may support international trade. The central bank of Iraq after the meeting of board of directors granted the permission to the money transfer companies to open bank accounts in the Iraqi and other international banks to directly transfer money anywhere in the world.
mike alfred

CBI Invites JP Morgan to Open a Branch in Iraq - 0 views

www.iraqidinar123.com/organ-to-open-a-branch-in-iraq

Central Bank JP Morgan Branch RV

shared by mike alfred on 25 Apr 14 - No Cached
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  • mike alfred on 25 Apr 14
     
    The central bank of Iraq is aim to attract different foreign banks to open their branches in Iraq. The foreign investment will increase in Iraq if CBI succeeded in attracting large number of foreign banks in the country. Central bank of Iraq is taking radical steps to increase investment opportunities in Iraq.
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