Post From BondLadys Corner
BondLady & Tlm724 News & Comments 6-20-16 Part 3 of 3
Banks donates one billion dinars to support joint forces and displaced
Author: AB, MJM Editor: AB 20.06.2016 12:33 Long-Presse / Baghdad
Announced the Association of private banks, on Monday, collecting donations from banks worth one billion dinars to support joint forces and displaced people, and while confirming that these donations will be spent under the supervision of the central bank and the parliament, referred to a proposal for the formation of a committee to choose a voluntary exchange mechanism and deliver it to those who deserve it.
The executive director of the Association of Private banks Ali Tariq vacationer in an interview to the (long-Presse), on the sidelines of a ceremony to support the security forces and displaced persons organized by the Association of private banks in the Babylon Hotel,
"The Association has organized a campaign to collect donations from the banks to support the security forces in conjunction with the liberation of Fallujah operations, and to support the families of the martyrs, "noting that" the campaign collected so far amount billion dinars, and is still continuing. "
~~~
BondLady & Tlm724 News & Comments 6-20-16 Part 3 of 3
Banks donates one billion dinars to support joint forces and displaced
Author: AB, MJM Editor: AB 20.06.2016 12:33 Long-Presse / Baghdad
Announced the Association of private banks, on Monday, collecting donations from banks worth one billion dinars to support joint forces and displaced people, and while confirming that these donations will be spent under the supervision of the central bank and the parliament, referred to a proposal for the formation of a committee to choose a voluntary exchange mechanism and deliver it to those who deserve it.
The executive director of the Association of Private banks Ali Tariq vacationer in an interview to the (long-Presse), on the sidelines of a ceremony to support the security forces and displaced persons organized by the Association of private banks in the Babylon Hotel,
"The Association has organized a campaign to collect donations from the banks to support the security forces in conjunction with the liberation of Fallujah operations, and to support the families of the martyrs, "noting that" the campaign collected so far amount billion dinars, and is still continuing. "
~~~
He vacationer, that "the amount of donations will be spent under the Central Bank of Iraq controlled legislature, represented by the parliament," adding that "the proposal to form a committee of the Association of Banks and the Central Bank of Iraq, the parliament and the Supreme Audit to choose the method and mechanism suitable for the disbursement of donations and deliver it to those who deserve it."
For his part, the musician Naseer Shamma said in an interview to the (long-Presse), said that "required everyone to stand up and reach out to serve Iraq effectively", calling for "unity and cooperation in support of Iraq."
Shamma said, that "the circumstances experienced by Iraq did not occur in any of the States, where he faces war and crisis in 30 years," adding "a lot of organizing donation campaigns to support the displaced people under exceptional circumstances they went through."
The Prime Minister Haider al-Abadi, it was announced, the first on Friday (17 June, the current 2016), editor of Fallujah (62 km west of Baghdad) officially, while stressing that it has returned to the bosom of the nation again and that there are some spots inside will be dealt with, between the city of Mosul edit will be soon.
The Abadi announced, in (23 May 2016), the start of the military to liberate the city of Fallujah operations, confirmed that the organization (Daash) no choice but to flee from the battle option, while the Anbar Provincial Council, revealed the launch of the joint security forces Naming (breaking terrorism ) the battle to liberate Fallujah. LINK
tlm724 diff source
Banks donates one billion dinars to support joint forces and displaced
20/06/2016 13:04 It announced the Association of private banks, on Monday, collecting donations from banks worth one billion dinars to support joint forces and displaced people, and while confirming that these donations will be spent under the supervision of the central bank and the parliament, referred to a proposal for the formation of a committee to choose a voluntary exchange mechanism and deliver it to those who deserve it .
The executive director of the Association of Private Banks Ali Tariq vacationer in an interview on the sidelines of a ceremony to support the security forces and displaced persons organized by the Association of private banks in the Babylon Hotel,
" the Association has organized a campaign to collect donations from the banks to support the security forces in conjunction with the liberation of Fallujah operations and to support the families of martyrs , " noting that " the campaign collected so far the amount of one billion dinars, and is still going on . "
He added vacationer, that" the amount of donations will be spent under the Central Bank of Iraq controlled legislature, represented by the parliament , "adding that" the proposal to form a committee of the Association of banks and the Central Bank of Iraq, the parliament and the Supreme Audit to choose the method and mechanism appropriate for the disbursement of donations and deliver it to those who deserve it . "
for his part, the musician Naseer Shamma, said that" required everyone to stand up and reach out to serve Iraq effectively ", calling for" unity and cooperation in support of Iraq. "
he added Shamma, that" the circumstances experienced by Iraq did not occur in any of the States, where he faces war and crisis in 30 years, "adding" a lot of organizing donation campaigns to support the displaced people under exceptional circumstances they went through.
http://ift.tt/28Lw3jy
http://ift.tt/28JGG2p
~~~~~~~~~~~~~~~~~~~~
Bank of Iraqis IV of the best among Arab banks
20/06/2016 12:54 | Direction Press / follow-up Rafidain Bank ranked fourth among Arab banking sectors in the region to the size of the combined assets it contains.
Press office of the bank said in a statement that "the trend Press" obtained a copy of it, said the study prepared by the Studies and Research Department at the Union of Arab Banks showed Thsol Rafidain Bank for rating the fourth by scoring a big growth in consolidated assets.
He said that the UAE's banking sector came in first place, followed by Saudi and Egyptian.
The statement said that the bank has become one of the largest banks in Iraq and the Arab region in terms of assets it has. aa http://ift.tt/28Lw9YC
tlm724 diff source
Bank of Iraqis IV of the best among Arab banks
20/06/2016 10:54 Rafidain Bank ranked fourth among Arab banking sectors in the region to the size of the combined assets it contains.
The press office of the bank in a statement, said the study prepared by the Studies and Research Department at the Union of Arab Banks showed Thsol Rafidain Bank for rating the fourth by scoring a big growth in assets statements.
he said that the UAE 's banking sector came in first place , followed by Saudi and Egyptian.
the statement said that the bank has become one of the largest banks in Iraq and the Arab region in terms of assets has
http://ift.tt/28JGHU4
http://ift.tt/28JVuPE
~~~~~~~~~~~~~~~
Parliamentary Finance: Most banks and shops to drain currency
20/06/2016 10:49 |Direction Press / follow-up Parliamentary Finance Committee described on Monday, most of the banks operating in Iraq as "boutiques" to drain hard currency, while showed that part of the money smuggled up to terrorist organizations.
A member of the committee MP Masood Haider in an interview, said that "Iraq's banking sector needs to re-structure and classification by the Central Bank", arguing that "there are a lot of banks that are not based real banking work but are shops engaged in the work of an auction currency and contribute to the smuggling of hard currency Iraq ".
Haider added that "these banks to help drain the Iraqi economy," pointing out that "there are doubts among the security forces responsible for these banks, that the portion of those smuggled money could reach them to terrorist organizations."
It escalated accusations over the currency that has cast a shadow on the sale of the dollar in the domestic market prices of smuggling operations, while MPs demanded that the government take the initiative to stop the sale of currency operations in the auctions of the Central Bank, and others stressed that Iraq is losing big money due to smuggled daily out of bounds, despite the acclaim of many specialists in economic affairs on the positives of the auction to reduce the rates of inflation and to control the value of the Iraqi dinar.
He said some specialists that most of the banks operating in Iraq are small and unable to carry out their work properly, and there are in Iraq 24 banks waged carries on its business, in addition to 10 Islamic banks, as well as 18 foreign banks. Aa http://ift.tt/28Lw4nH
[tlm724] most of the banks operating in Iraq as "boutiques" to drain hard currency,
[tlm724] dayum lol
[tlm724] that "Iraq's banking sector needs to re-structure and classification by the Central Bank", arguing that "there are a lot of banks that are not based real banking work but are shops engaged in the work of an auction currency and contribute to the smuggling of hard currency Iraq "
[tlm724] It escalated accusations over the currency that has cast a shadow on the sale of the dollar in the domestic market prices of smuggling operations,
[tlm724] while MPs demanded that the government take the initiative to stop the sale of currency operations in the auctions of the Central Bank, and others stressed that Iraq is losing big money due to smuggled daily out of bounds
[tlm724] well now there was a big meeting with Jubouri, the CBI and the banking associations yesterday about the private banks and a plan of action , amending the banking law etc.. let me link you
Parliament speaker stresses the importance of the contribution of all government and private banks to support the displaced people and calls for the formation of private banks and financial Court
http://ift.tt/28JGGiJ
tlm724 diff source
Parliamentary Finance: Most banks and shops to drain some of the currency and smuggled to terrorist organizations
20/06/2016 10:42 Parliamentary Finance Committee described on Monday, most of the banks operating in Iraq as "boutiques" to drain hard currency, while showed that part of the money smuggled up to terrorist organizations.
A member of the committee MP Masood Haider in an interview, said that "Iraq 's banking sector needs to re - structure The classification by the Central Bank ", arguing that" there are a lot of banks that are not based real banking work but are shops engaged in the work of an auction currency and contribute to the smuggling of hard currency in Iraq. "
He added Haidar" these banks help drain the Iraqi economy , "pointing to" the existence of doubts among the security forces responsible for these banks, that the portion of those smuggled money could reach them to terrorist organizations. "
escalated accusations over the currency that has cast a shadow on the sale of the dollar in the domestic market prices of smuggling operations, while MPs demanded that the government take the initiative to off sale currency operations in the auctions of the Central Bank,
and others stressed that Iraq is losing big money due to smuggled daily to the outside of the border, despite the acclaim of many specialists in economic affairs on the positives of the auction to reduce the rates of inflation and to control the value of the Iraqi dinar.
He said some specialists that most banks operating in Iraq it is small and unable to carry out their work properly, and there are in Iraq 24 banks waged carries on its business, in addition to 10 Islamic banks, as well as 18 foreign banks.
http://ift.tt/28Lwhr1
http://ift.tt/28JGLDk
~~~~~~~~~~~~~~~~~
Central directs three banks to buy bonds distributed to private companies instead of late dues
06/20/2016 12:17 BAGHDAD / tomorrow Press : Iraqi Economic Council revealed on Monday, for the direction of the Central Bank of the three government banks ( Rafidain and Rasheed and Trade ) , the purchase and deduction of all bonds that are issued and distributed to private companies instead of late financial dues to these companies .
According to Council President Ibrahim al - Baghdadi , in a statement it received " Tomorrow 's Press , " a copy of it, that " the CBI against three government banks Rafidain and Rasheed and commercial tbi purchase and deduction of all government bonds which will be issued and distributed to private companies instead of late financial dues to these companies ."
The statement added , that " a decade after Sunday afternoon meeting, the Central Bank of Iraq with the Director General of the banking Department and Credit Ihsan al - Yassiri, having promised the former Governor of the Central Bank of Iraq at the seminar held by the Iraqi economic Council at the Le Meridien Hotel, confirmed the promise and the Deputy Minister of Finance in the symposium the second held by the economic Council at the Babylon Hotel ,
" adding, " the Iraqi Central Bank decided on Sunday ( yesterday ) that the three government banks above the purchase and deduction of all government bonds which will be issued and paid for private sector companies, amounting to 50 % of total receivables, down payment first, and the amount of The total has amounted 3.5 trillion dinars ,
roughly where it will be liquidated into cash to be this step rewarding and meaningful to private companies after the great damage to this vital sector, due to delayed payment of dues by the government . "
he said al - Baghdadi, he said he " hoped to contribute this amounts to cover a large part of the scarcity of cash, where would move the wheel and the movement of financial trading in all markets, adding that it will solve many of the social and tribal and legal problems .
" he said President of the Council, as saying that " the central bank pledged to the banks that will cover any need or shortage liquidity has for the purpose of completing the acquisitions and deducting all these bonds from their owners . "LINK
Bondlady hoped to contribute this amounts to cover a large part of the scarcity of cash, where would move the wheel and the movement of financial trading in all markets, adding that it will solve many of the social and tribal and legal problems . "
[tlm724] direction of the Central Bank of the three government banks ( Rafidain and Rasheed and Trade ) , the purchase and deduction of all bonds that are issued and distributed to private companies instead of late financial dues to these companies
[tlm724] where it will be liquidated into cash to be this step rewarding and meaningful to private companies after the great damage to this vital sector, due to delayed payment of dues by the government
[tlm724] can you see the IMF's hand gripping the back of Ali Alaks neck Twisted Evil
[tlm724] BondLady pointed out this "hoped to contribute this amounts to cover a large part of the scarcity of cash, where would move the wheel and the movement of financial trading in all markets, adding that it will solve many of the social and tribal and legal problems . "
[tlm724] scarcity of cash, yep !
[tlm724] so feeling the crunch a lil bit in Iraq
[tlm724] what is really cool is seeing the CBI working now instead of sitting back raking in the auction profits
[tlm724] CBI is supposed to issue economic policy and enforce it which they haven't done in years sooo this is all good news now, took the big dogs biting at their azzes to get some action but action we got Cool
[cat] yeppers
Therealbubbie scarcity of cash, yep !.. me too ... bottom line 1182 ... wake me when it's over Very Happy
For his part, the musician Naseer Shamma said in an interview to the (long-Presse), said that "required everyone to stand up and reach out to serve Iraq effectively", calling for "unity and cooperation in support of Iraq."
Shamma said, that "the circumstances experienced by Iraq did not occur in any of the States, where he faces war and crisis in 30 years," adding "a lot of organizing donation campaigns to support the displaced people under exceptional circumstances they went through."
The Prime Minister Haider al-Abadi, it was announced, the first on Friday (17 June, the current 2016), editor of Fallujah (62 km west of Baghdad) officially, while stressing that it has returned to the bosom of the nation again and that there are some spots inside will be dealt with, between the city of Mosul edit will be soon.
The Abadi announced, in (23 May 2016), the start of the military to liberate the city of Fallujah operations, confirmed that the organization (Daash) no choice but to flee from the battle option, while the Anbar Provincial Council, revealed the launch of the joint security forces Naming (breaking terrorism ) the battle to liberate Fallujah. LINK
tlm724 diff source
Banks donates one billion dinars to support joint forces and displaced
20/06/2016 13:04 It announced the Association of private banks, on Monday, collecting donations from banks worth one billion dinars to support joint forces and displaced people, and while confirming that these donations will be spent under the supervision of the central bank and the parliament, referred to a proposal for the formation of a committee to choose a voluntary exchange mechanism and deliver it to those who deserve it .
The executive director of the Association of Private Banks Ali Tariq vacationer in an interview on the sidelines of a ceremony to support the security forces and displaced persons organized by the Association of private banks in the Babylon Hotel,
" the Association has organized a campaign to collect donations from the banks to support the security forces in conjunction with the liberation of Fallujah operations and to support the families of martyrs , " noting that " the campaign collected so far the amount of one billion dinars, and is still going on . "
He added vacationer, that" the amount of donations will be spent under the Central Bank of Iraq controlled legislature, represented by the parliament , "adding that" the proposal to form a committee of the Association of banks and the Central Bank of Iraq, the parliament and the Supreme Audit to choose the method and mechanism appropriate for the disbursement of donations and deliver it to those who deserve it . "
for his part, the musician Naseer Shamma, said that" required everyone to stand up and reach out to serve Iraq effectively ", calling for" unity and cooperation in support of Iraq. "
he added Shamma, that" the circumstances experienced by Iraq did not occur in any of the States, where he faces war and crisis in 30 years, "adding" a lot of organizing donation campaigns to support the displaced people under exceptional circumstances they went through.
http://ift.tt/28Lw3jy
http://ift.tt/28JGG2p
~~~~~~~~~~~~~~~~~~~~
Bank of Iraqis IV of the best among Arab banks
20/06/2016 12:54 | Direction Press / follow-up Rafidain Bank ranked fourth among Arab banking sectors in the region to the size of the combined assets it contains.
Press office of the bank said in a statement that "the trend Press" obtained a copy of it, said the study prepared by the Studies and Research Department at the Union of Arab Banks showed Thsol Rafidain Bank for rating the fourth by scoring a big growth in consolidated assets.
He said that the UAE's banking sector came in first place, followed by Saudi and Egyptian.
The statement said that the bank has become one of the largest banks in Iraq and the Arab region in terms of assets it has. aa http://ift.tt/28Lw9YC
tlm724 diff source
Bank of Iraqis IV of the best among Arab banks
20/06/2016 10:54 Rafidain Bank ranked fourth among Arab banking sectors in the region to the size of the combined assets it contains.
The press office of the bank in a statement, said the study prepared by the Studies and Research Department at the Union of Arab Banks showed Thsol Rafidain Bank for rating the fourth by scoring a big growth in assets statements.
he said that the UAE 's banking sector came in first place , followed by Saudi and Egyptian.
the statement said that the bank has become one of the largest banks in Iraq and the Arab region in terms of assets has
http://ift.tt/28JGHU4
http://ift.tt/28JVuPE
~~~~~~~~~~~~~~~
Parliamentary Finance: Most banks and shops to drain currency
20/06/2016 10:49 |Direction Press / follow-up Parliamentary Finance Committee described on Monday, most of the banks operating in Iraq as "boutiques" to drain hard currency, while showed that part of the money smuggled up to terrorist organizations.
A member of the committee MP Masood Haider in an interview, said that "Iraq's banking sector needs to re-structure and classification by the Central Bank", arguing that "there are a lot of banks that are not based real banking work but are shops engaged in the work of an auction currency and contribute to the smuggling of hard currency Iraq ".
Haider added that "these banks to help drain the Iraqi economy," pointing out that "there are doubts among the security forces responsible for these banks, that the portion of those smuggled money could reach them to terrorist organizations."
It escalated accusations over the currency that has cast a shadow on the sale of the dollar in the domestic market prices of smuggling operations, while MPs demanded that the government take the initiative to stop the sale of currency operations in the auctions of the Central Bank, and others stressed that Iraq is losing big money due to smuggled daily out of bounds, despite the acclaim of many specialists in economic affairs on the positives of the auction to reduce the rates of inflation and to control the value of the Iraqi dinar.
He said some specialists that most of the banks operating in Iraq are small and unable to carry out their work properly, and there are in Iraq 24 banks waged carries on its business, in addition to 10 Islamic banks, as well as 18 foreign banks. Aa http://ift.tt/28Lw4nH
[tlm724] most of the banks operating in Iraq as "boutiques" to drain hard currency,
[tlm724] dayum lol
[tlm724] that "Iraq's banking sector needs to re-structure and classification by the Central Bank", arguing that "there are a lot of banks that are not based real banking work but are shops engaged in the work of an auction currency and contribute to the smuggling of hard currency Iraq "
[tlm724] It escalated accusations over the currency that has cast a shadow on the sale of the dollar in the domestic market prices of smuggling operations,
[tlm724] while MPs demanded that the government take the initiative to stop the sale of currency operations in the auctions of the Central Bank, and others stressed that Iraq is losing big money due to smuggled daily out of bounds
[tlm724] well now there was a big meeting with Jubouri, the CBI and the banking associations yesterday about the private banks and a plan of action , amending the banking law etc.. let me link you
Parliament speaker stresses the importance of the contribution of all government and private banks to support the displaced people and calls for the formation of private banks and financial Court
http://ift.tt/28JGGiJ
tlm724 diff source
Parliamentary Finance: Most banks and shops to drain some of the currency and smuggled to terrorist organizations
20/06/2016 10:42 Parliamentary Finance Committee described on Monday, most of the banks operating in Iraq as "boutiques" to drain hard currency, while showed that part of the money smuggled up to terrorist organizations.
A member of the committee MP Masood Haider in an interview, said that "Iraq 's banking sector needs to re - structure The classification by the Central Bank ", arguing that" there are a lot of banks that are not based real banking work but are shops engaged in the work of an auction currency and contribute to the smuggling of hard currency in Iraq. "
He added Haidar" these banks help drain the Iraqi economy , "pointing to" the existence of doubts among the security forces responsible for these banks, that the portion of those smuggled money could reach them to terrorist organizations. "
escalated accusations over the currency that has cast a shadow on the sale of the dollar in the domestic market prices of smuggling operations, while MPs demanded that the government take the initiative to off sale currency operations in the auctions of the Central Bank,
and others stressed that Iraq is losing big money due to smuggled daily to the outside of the border, despite the acclaim of many specialists in economic affairs on the positives of the auction to reduce the rates of inflation and to control the value of the Iraqi dinar.
He said some specialists that most banks operating in Iraq it is small and unable to carry out their work properly, and there are in Iraq 24 banks waged carries on its business, in addition to 10 Islamic banks, as well as 18 foreign banks.
http://ift.tt/28Lwhr1
http://ift.tt/28JGLDk
~~~~~~~~~~~~~~~~~
Central directs three banks to buy bonds distributed to private companies instead of late dues
06/20/2016 12:17 BAGHDAD / tomorrow Press : Iraqi Economic Council revealed on Monday, for the direction of the Central Bank of the three government banks ( Rafidain and Rasheed and Trade ) , the purchase and deduction of all bonds that are issued and distributed to private companies instead of late financial dues to these companies .
According to Council President Ibrahim al - Baghdadi , in a statement it received " Tomorrow 's Press , " a copy of it, that " the CBI against three government banks Rafidain and Rasheed and commercial tbi purchase and deduction of all government bonds which will be issued and distributed to private companies instead of late financial dues to these companies ."
The statement added , that " a decade after Sunday afternoon meeting, the Central Bank of Iraq with the Director General of the banking Department and Credit Ihsan al - Yassiri, having promised the former Governor of the Central Bank of Iraq at the seminar held by the Iraqi economic Council at the Le Meridien Hotel, confirmed the promise and the Deputy Minister of Finance in the symposium the second held by the economic Council at the Babylon Hotel ,
" adding, " the Iraqi Central Bank decided on Sunday ( yesterday ) that the three government banks above the purchase and deduction of all government bonds which will be issued and paid for private sector companies, amounting to 50 % of total receivables, down payment first, and the amount of The total has amounted 3.5 trillion dinars ,
roughly where it will be liquidated into cash to be this step rewarding and meaningful to private companies after the great damage to this vital sector, due to delayed payment of dues by the government . "
he said al - Baghdadi, he said he " hoped to contribute this amounts to cover a large part of the scarcity of cash, where would move the wheel and the movement of financial trading in all markets, adding that it will solve many of the social and tribal and legal problems .
" he said President of the Council, as saying that " the central bank pledged to the banks that will cover any need or shortage liquidity has for the purpose of completing the acquisitions and deducting all these bonds from their owners . "LINK
Bondlady hoped to contribute this amounts to cover a large part of the scarcity of cash, where would move the wheel and the movement of financial trading in all markets, adding that it will solve many of the social and tribal and legal problems . "
[tlm724] direction of the Central Bank of the three government banks ( Rafidain and Rasheed and Trade ) , the purchase and deduction of all bonds that are issued and distributed to private companies instead of late financial dues to these companies
[tlm724] where it will be liquidated into cash to be this step rewarding and meaningful to private companies after the great damage to this vital sector, due to delayed payment of dues by the government
[tlm724] can you see the IMF's hand gripping the back of Ali Alaks neck Twisted Evil
[tlm724] BondLady pointed out this "hoped to contribute this amounts to cover a large part of the scarcity of cash, where would move the wheel and the movement of financial trading in all markets, adding that it will solve many of the social and tribal and legal problems . "
[tlm724] scarcity of cash, yep !
[tlm724] so feeling the crunch a lil bit in Iraq
[tlm724] what is really cool is seeing the CBI working now instead of sitting back raking in the auction profits
[tlm724] CBI is supposed to issue economic policy and enforce it which they haven't done in years sooo this is all good news now, took the big dogs biting at their azzes to get some action but action we got Cool
[cat] yeppers
Therealbubbie scarcity of cash, yep !.. me too ... bottom line 1182 ... wake me when it's over Very Happy
tlm724 diff source
Economic Council: the face of the central banks buy and discount bonds to private companies
17:34:00 6.20.2016 | (Voice of Iraq) - Baghdad , said the Iraqi Economic Council, on Monday, the central bank face of government banks buy and deducting all private companies private sector bonds, noting that it will cover a large part of the lack of liquidity, and the movement of the wheel and the movement of financial trading in the markets all.
He Council President Ibrahim al - Baghdadi said in a statement that " the Central Bank of Iraq face three government banks Rafidain and Rasheed Iraqi and commercial purchases and deducting all the special government bonds that will be issued and paid for private companies instead of late financial dues to these companies, amounting to 50% of the total dues as a down payment."
He said al - Baghdadi , that " the total amount of dues amounting to 3.5 trillion dinars , roughly where it will be liquidated into cash to be this step rewarding and meaningful to private companies after the great damage to this vital sector, due to delayed payment of dues by the government."
said al - Baghdadi to be "these funds will help cover a large portion of the scarcity of cash, where would move the wheel and the movement of financial trading in the markets of all, in addition to that it will solve many of the social and tribal and legal problems , " stressing that " the central bank pledged to the banks to cover any need or shortage of cash It has for the purpose of completing the acquisitions and deducting all these bonds from their owners.
" the central bank issued in, (15 March 2016), internal and national bonds to finance the deficit in the public budget for Iraq as a result of falling oil prices to below $ 30 per barrel.
the CBI, with headquarters in Baghdad and has four branches in Basra and Sulaymaniyah, Irbil and Mosul, he founded the bank independent Iraqi under the Central Bank of Iraq Law issued on March 6 , 2004,
and is the responsibility of the bank responsible for maintaining price stability and the implementation of monetary policy , including exchange rate management policies foreign reserves and the issuance of currency management, as well as to regulate the banking sector.
http://ift.tt/28JGJeI
http://ift.tt/28Lw47h
Economic Council: the face of the central banks buy and discount bonds to private companies
17:34:00 6.20.2016 | (Voice of Iraq) - Baghdad , said the Iraqi Economic Council, on Monday, the central bank face of government banks buy and deducting all private companies private sector bonds, noting that it will cover a large part of the lack of liquidity, and the movement of the wheel and the movement of financial trading in the markets all.
He Council President Ibrahim al - Baghdadi said in a statement that " the Central Bank of Iraq face three government banks Rafidain and Rasheed Iraqi and commercial purchases and deducting all the special government bonds that will be issued and paid for private companies instead of late financial dues to these companies, amounting to 50% of the total dues as a down payment."
He said al - Baghdadi , that " the total amount of dues amounting to 3.5 trillion dinars , roughly where it will be liquidated into cash to be this step rewarding and meaningful to private companies after the great damage to this vital sector, due to delayed payment of dues by the government."
said al - Baghdadi to be "these funds will help cover a large portion of the scarcity of cash, where would move the wheel and the movement of financial trading in the markets of all, in addition to that it will solve many of the social and tribal and legal problems , " stressing that " the central bank pledged to the banks to cover any need or shortage of cash It has for the purpose of completing the acquisitions and deducting all these bonds from their owners.
" the central bank issued in, (15 March 2016), internal and national bonds to finance the deficit in the public budget for Iraq as a result of falling oil prices to below $ 30 per barrel.
the CBI, with headquarters in Baghdad and has four branches in Basra and Sulaymaniyah, Irbil and Mosul, he founded the bank independent Iraqi under the Central Bank of Iraq Law issued on March 6 , 2004,
and is the responsibility of the bank responsible for maintaining price stability and the implementation of monetary policy , including exchange rate management policies foreign reserves and the issuance of currency management, as well as to regulate the banking sector.
http://ift.tt/28JGJeI
http://ift.tt/28Lw47h
via Dinar Recaps - Our Blog http://ift.tt/28JGJvc
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