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BondLady & Tlm724 News & Comments 6-11-16 Part 2 of 2
tlm724:
Guarantee deposits "step to restore confidence in banks" and overcome the "cons" the previous stage
06/11/2016 12:56 The Central Bank of Iraq, said on Saturday that guarantee bank deposits , the company is the "fund" is committed through which to compensate depositors at bankrupt banks or liquidated, with economic officials promise to move to " the right direction and an incentive" to restore confidence in banks, citizens guessed it had dissipated the impact of their experiences "negative , " the former with private banks.
he said the board of the Central Bank board member Ahmed Rehn in an interview that " the establishment of the company to guarantee bank deposits as long as the form of the target of the Central Bank of Iraq since 2004, especially since such a company exists in other countries of the world , " noting, " The company is interested primarily to small depositors, who make up the vast segment of savers as benefit senior depositors."
~~~
BondLady & Tlm724 News & Comments 6-11-16 Part 2 of 2
tlm724:
Guarantee deposits "step to restore confidence in banks" and overcome the "cons" the previous stage
06/11/2016 12:56 The Central Bank of Iraq, said on Saturday that guarantee bank deposits , the company is the "fund" is committed through which to compensate depositors at bankrupt banks or liquidated, with economic officials promise to move to " the right direction and an incentive" to restore confidence in banks, citizens guessed it had dissipated the impact of their experiences "negative , " the former with private banks.
he said the board of the Central Bank board member Ahmed Rehn in an interview that " the establishment of the company to guarantee bank deposits as long as the form of the target of the Central Bank of Iraq since 2004, especially since such a company exists in other countries of the world , " noting, " The company is interested primarily to small depositors, who make up the vast segment of savers as benefit senior depositors."
~~~
He added Rehn, that " the foundation of the company and to embrace the work requires time and mechanisms supported , " adding that " the deposit guarantee the company will not be an investment but it will be a fund or making the central bank is committed through which to compensate depositors in general and small especially in the event of bankruptcy of the banks in which the money there or filtered. "
turn the financial advisor to the Prime Minister said the appearance of Mohammed in a newspaper interview that" the establishment of a deposit guarantee a step in the right direction to build a discreet banking system the company has the confidence of depositors through the protection of their rights and encourage citizens to deposit in banks. "
Saleh pointed out that" the participation of government banks in the capital of a deposit insurance company can enhance its credit and enable them to pay more compensation to depositors, especially that most of the deposits of citizens in those banks. "
turn he said the Finance Committee in the House of Representatives rapporteur Ahmed Hama Rasheed in an interview that " the Commission will adopt measures that would improve the economic and financial reality in Iraq, including the banking sector development , " noting that " the Iraqi Central Bank seeks to maintain the bank 's stability, especially eligibility through controls issued between now and then. "
He stressed Rashid, that" the Commission is pushing to increase banks' capital , which often come from different official bodies, as well as deposits of varying citizens , "pointing out that" depositors in general were wary of turning to the private banks. "
promised rapporteur parliamentary Finance Committee, that " the decision to establish a deposit insurance corporation would be a motivation and stimulus to the movement of the banks and restore citizen confidence and trust , " adding that " the Central Bank would be binding under that protection of bank deposits by legal legislation secures the rights of depositors, investors and even the official bodies."
He continued Rashid, that "it will encourage the placement in private banks and eliminates worries them, especially in light of previous bitter experiences, as happened with the bank Basra and the Warka , who announced Avlasshma."
turn government employee Hassan Shaker said in an interview that "the presence of a guarantor of deposits company can It improves the image of the private banks , "noting that" re - citizen eligibility banks and trust need to be relatively long time definite guarantees from the state , represented the central bank, not to repeat the previous negatives that still depositors pay for them under the parking Central Bank spectators for their suffering for years. "
from for her part, Director of the School, Khawla Rashid in an interview that "the presence of government guarantees to protect the deposits of citizens can restore confidence gradually banks eligibility, which began its work to provide many good services and facilities to the adoption of modern technologies", usually the "state - owned banks are still lagging behind technologically and suffer routine which made them averse citizens. "
http://ift.tt/28uvWjb
http://ift.tt/1S13Z6w
~~~~~~~~~~~~~~~~
Abadi office issued a clarification regarding the change banks departments
Political Since 11.06.2016 at 08:15 (Baghdad time) Baghdad balances News
Issued Prime Minister Haider al He stressed that the charge of the management of these banks went on their banking at least 13 years, although professional reputations supports the nomination process.
Ebadi's press office said in a statement received / balances News / copy of it, "some of the social networking sites dealt with clues regarding commissioned a number of specialized government banks management."
He added that the "customs clearance, which was issued by order of Prime Minister Haider al
He explained, that "none of the banks who are now assigned to the management went on their banking at least thirteen years, though their resumes, and professional reputations, supports the nomination of sites selected process."
And between, that "the fact that the experience some of them in the non
He continued, "The quotas bestowed on the political, technical and administrative sites cover overlooked for many years, all the legitimate questions in the basic qualifications that justify emulated important and sensitive sites management."
He pointed out that "the successive attacks directed to discredit the highly qualified are now offering an alternative to the chaos of the quotas, but understand them insistence on disability to walk toward reform, exceeding the sharing of positions, more than they intended to Salah state and its institutions."
The statement stressed that "what is being said on the exemption and appointment mechanism, the implementation of the Prime Minister is linked to actions follow his order, issued by the definitely warrants the appointment and commissioning, as well as addressing the situation of relieved from office in accordance with the laws and regulations in force."
He pointed out that "these excitations, whether deliberate or spontaneous, and despite the superficial perception of the state and its role and powers, they will not increase the pace of reform, but determined to go without hesitation," and expressed hope that "there will be greater understanding and support of all the faithful to our beloved country." .
It is said that the Finance Committee member Haitham al-Jubouri said, on Friday, the last appointments of directors of the industrial banks, and real estate and agriculture, as a "scandal" of the caliber, attributing the cause to that they staff contracts, expressing surprise at how to pass on the Prime Minister Haider al-Abadi. It ended 29 / a 43 LINK
tlm724:
Abadi office that defends decision to sack bank directors and the appointment of their replacements
Baghdad -arac Press -11 June: issued the Information Office of the Prime Minister Haider al-Abadi, Saturday, for clarification on the departments to change banks.
The office defended the appointment of replacements for the managers of the two articles, he said, "in charge of the management of these banks went on their banking at least thirteen years, and professional reputations supports the nomination process," adding that "quotas bestowed on the political, technical and administrative sites cover overlooked for many years." .
The office said in a statement, said that "some of the social networking sites dealt with clues regarding commissioned a number of specialized government banks management," noting that "customs clearance, which was issued by order of Prime Minister Haider al-Abadi came to confirm the reform approach in moving the wheel to work in the banking sector,
coincided with the launch of wider lending process of industrial, agricultural and residential projects in the private sector, in which decides to adopt advanced and transparent methods based on the electronic presentation and follow-up methodology, and not according to the usual methods of bureaucracy. "
The office added that "none of whom were assigned now banks management went on their banking at least thirteen years, though their resumes and reputations of professional, support their candidacy for the sites selected process," adding that "the fact that the experience some of them in banks, non-governmental organization is reflecting the traditional Almstahj performance in the non-public sector of self. "
turn the financial advisor to the Prime Minister said the appearance of Mohammed in a newspaper interview that" the establishment of a deposit guarantee a step in the right direction to build a discreet banking system the company has the confidence of depositors through the protection of their rights and encourage citizens to deposit in banks. "
Saleh pointed out that" the participation of government banks in the capital of a deposit insurance company can enhance its credit and enable them to pay more compensation to depositors, especially that most of the deposits of citizens in those banks. "
turn he said the Finance Committee in the House of Representatives rapporteur Ahmed Hama Rasheed in an interview that " the Commission will adopt measures that would improve the economic and financial reality in Iraq, including the banking sector development , " noting that " the Iraqi Central Bank seeks to maintain the bank 's stability, especially eligibility through controls issued between now and then. "
He stressed Rashid, that" the Commission is pushing to increase banks' capital , which often come from different official bodies, as well as deposits of varying citizens , "pointing out that" depositors in general were wary of turning to the private banks. "
promised rapporteur parliamentary Finance Committee, that " the decision to establish a deposit insurance corporation would be a motivation and stimulus to the movement of the banks and restore citizen confidence and trust , " adding that " the Central Bank would be binding under that protection of bank deposits by legal legislation secures the rights of depositors, investors and even the official bodies."
He continued Rashid, that "it will encourage the placement in private banks and eliminates worries them, especially in light of previous bitter experiences, as happened with the bank Basra and the Warka , who announced Avlasshma."
turn government employee Hassan Shaker said in an interview that "the presence of a guarantor of deposits company can It improves the image of the private banks , "noting that" re - citizen eligibility banks and trust need to be relatively long time definite guarantees from the state , represented the central bank, not to repeat the previous negatives that still depositors pay for them under the parking Central Bank spectators for their suffering for years. "
from for her part, Director of the School, Khawla Rashid in an interview that "the presence of government guarantees to protect the deposits of citizens can restore confidence gradually banks eligibility, which began its work to provide many good services and facilities to the adoption of modern technologies", usually the "state - owned banks are still lagging behind technologically and suffer routine which made them averse citizens. "
http://ift.tt/28uvWjb
http://ift.tt/1S13Z6w
~~~~~~~~~~~~~~~~
Abadi office issued a clarification regarding the change banks departments
Political Since 11.06.2016 at 08:15 (Baghdad time) Baghdad balances News
Issued Prime Minister Haider al He stressed that the charge of the management of these banks went on their banking at least 13 years, although professional reputations supports the nomination process.
Ebadi's press office said in a statement received / balances News / copy of it, "some of the social networking sites dealt with clues regarding commissioned a number of specialized government banks management."
He added that the "customs clearance, which was issued by order of Prime Minister Haider al
He explained, that "none of the banks who are now assigned to the management went on their banking at least thirteen years, though their resumes, and professional reputations, supports the nomination of sites selected process."
And between, that "the fact that the experience some of them in the non
He continued, "The quotas bestowed on the political, technical and administrative sites cover overlooked for many years, all the legitimate questions in the basic qualifications that justify emulated important and sensitive sites management."
He pointed out that "the successive attacks directed to discredit the highly qualified are now offering an alternative to the chaos of the quotas, but understand them insistence on disability to walk toward reform, exceeding the sharing of positions, more than they intended to Salah state and its institutions."
The statement stressed that "what is being said on the exemption and appointment mechanism, the implementation of the Prime Minister is linked to actions follow his order, issued by the definitely warrants the appointment and commissioning, as well as addressing the situation of relieved from office in accordance with the laws and regulations in force."
He pointed out that "these excitations, whether deliberate or spontaneous, and despite the superficial perception of the state and its role and powers, they will not increase the pace of reform, but determined to go without hesitation," and expressed hope that "there will be greater understanding and support of all the faithful to our beloved country." .
It is said that the Finance Committee member Haitham al-Jubouri said, on Friday, the last appointments of directors of the industrial banks, and real estate and agriculture, as a "scandal" of the caliber, attributing the cause to that they staff contracts, expressing surprise at how to pass on the Prime Minister Haider al-Abadi. It ended 29 / a 43 LINK
tlm724:
Abadi office that defends decision to sack bank directors and the appointment of their replacements
Baghdad -arac Press -11 June: issued the Information Office of the Prime Minister Haider al-Abadi, Saturday, for clarification on the departments to change banks.
The office defended the appointment of replacements for the managers of the two articles, he said, "in charge of the management of these banks went on their banking at least thirteen years, and professional reputations supports the nomination process," adding that "quotas bestowed on the political, technical and administrative sites cover overlooked for many years." .
The office said in a statement, said that "some of the social networking sites dealt with clues regarding commissioned a number of specialized government banks management," noting that "customs clearance, which was issued by order of Prime Minister Haider al-Abadi came to confirm the reform approach in moving the wheel to work in the banking sector,
coincided with the launch of wider lending process of industrial, agricultural and residential projects in the private sector, in which decides to adopt advanced and transparent methods based on the electronic presentation and follow-up methodology, and not according to the usual methods of bureaucracy. "
The office added that "none of whom were assigned now banks management went on their banking at least thirteen years, though their resumes and reputations of professional, support their candidacy for the sites selected process," adding that "the fact that the experience some of them in banks, non-governmental organization is reflecting the traditional Almstahj performance in the non-public sector of self. "
"The quotas bestowed on the political, technical and administrative sites cover overlooked for many years, all the legitimate questions in the basic qualifications that justify emulated important and sensitive sites management," pointing out that "the successive attacks directed to discredit the highly qualified are now offering an alternative to the chaos of the quotas, but understand including insistence on disability to walk toward reform, exceeding the sharing of positions, more than they intended to Salah state and its institutions. "
The office stressed that "what is being said on the exemption and appointment mechanism, the implementation of the Prime Minister is linked to actions follow his order, issued by the definitely warrants the appointment and commissioning, as well as addressing the situation of relieved from office in accordance with the laws and regulations in force."
The office pointed out that "these excitations, whether deliberate or spontaneous, and despite the superficial perception of the state and its role and powers, they will not increase the pace of reform, but determined to go without hesitation," and expressed hope that "there will be greater understanding and support of all the faithful to our beloved country ".
The statement came after a formal objection made by the Finance Minister Hoshyar Zebari.
Zebari said in an official letter addressed to the Office of the Prime Minister Haider al-Abadi, said that "the decision to exempt the six state banks directors and the appointment of four replacements marred by legal flaws and administrative" .anthy (1)
http://ift.tt/1S12ju2
http://ift.tt/28uvNfR
The office stressed that "what is being said on the exemption and appointment mechanism, the implementation of the Prime Minister is linked to actions follow his order, issued by the definitely warrants the appointment and commissioning, as well as addressing the situation of relieved from office in accordance with the laws and regulations in force."
The office pointed out that "these excitations, whether deliberate or spontaneous, and despite the superficial perception of the state and its role and powers, they will not increase the pace of reform, but determined to go without hesitation," and expressed hope that "there will be greater understanding and support of all the faithful to our beloved country ".
The statement came after a formal objection made by the Finance Minister Hoshyar Zebari.
Zebari said in an official letter addressed to the Office of the Prime Minister Haider al-Abadi, said that "the decision to exempt the six state banks directors and the appointment of four replacements marred by legal flaws and administrative" .anthy (1)
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