Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

Iraq Dinar/News is a popular topic among many topics this board offers.

See the footer of the board for our Facebook and My business pages.

Be sure and join our Dinar Only Newsletter Email list. It is located on the right. Your User Account Email when joining the board is for with in Neno's Place use of board information which you can control in your profile settings.

Neno

NOTES:
For "Advertising" with in my board to our Membership and Visitors see our "Sponsor Ad Info" in the Navbar. Neno's Place receives a low of 50,000 views a week to over 100,000 plus many times thru out the year.

I can be reached by phone or text 7am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Longest Dinar holding Community. Reach Admin by Private Message. Copyright © 2006-2017


Parliamentary Finance supports the restructuring of banks in the country and to develop legislation

Share

day dreamer
Moderator
Moderator

Posts : 3197
Thanked : 798
Join date : 2012-12-19

Parliamentary Finance supports the restructuring of banks in the country and to develop legislation

Post by day dreamer on Sun 16 Mar 2014, 12:03 am

03.16.2014 (0:01 pm) -


[ltr][/ltr]
[ltr]Parliamentary Finance supports the restructuring of banks in the country and to develop legislation [/ltr]


[rtl] [/rtl]
Baghdad - Abdul Rashid Saleh



[ltr]Deputies said the Committee on Economy parliamentary and banking expert said the banking sector in the country is still "below the level of ambition", and drew attention to these banks suffer from lack of application of modern techniques and the lack of coordination with international banks, and stressed the need for restructuring the government and private banks through the issuance of legislation and amend the laws window belonging to their work
A member of the parliamentary Finance Committee Abdul-Hussein al-Yasiri in an interview with the "long" yesterday "near the economic conference expanded to discuss the basis of the regime of Iraqi banks," adding that "the most important problems of the banks is not to introduce new technologies, and coordination with international banks," He pointed out that "banks are still using traditional methods in their work." 
He said he "must amend the law on the banks of the article" 27 "to the article," 31 "to facilitate the work of private banks and the government," and added, "We have asked the government to equate the private sector banks and public sector banks in terms of deposits and guarantees," he said, adding that his committee seeks to modify a number of laws, such as the Central Bank and the tax law and trade law. 
For his part, Adviser at the Ministry of Finance Zia Alckheon that "banks are suffering sort of problem where many private banks are suffering from a lack of liquidity in the banks, while suffering from the lack of direct opening credits."
" that "banks are still reluctant witness and did not enter the banking system overall," he can not improve the banks without modifying their own laws. "
He pointed out that "each bank board of directors is responsible for the issuance and management decisions away from state intervention," describing "the level of performance of banks," average ", pointing to an improvement in their performance, but this improvement is not within the required level.
In turn, the economic expert, contrary goldsmith's "long" to "State-owned banks are still operating within the old mechanism, which was surpassed by many countries in the world," and explained that "the cadres working in the banks are not eligible for the banking business."
As for the work of private banks, the jeweler pointed out that "the private banks have not been able to overcome the errors in the government banks," noting that "these banks lack the manpower with experience in the banking business." 
He said economic expert, said that "the solution to improve the functioning of the banks is to re-structure the work of banks by entering partnerships with reputable international banks, as well as the introduction of modern technologies for banks and the training of staff working in those banks."
He stressed "the need to create new services by the banks would have to pay capital", as well as investing in the stock market, which promotes the work of these banks. "
For her part, Najeebeh Najib member of the parliamentary Finance Committee that "the banking sector in Iraq is still suffering a lot of problems and difficulties," and stressed the "long" that "the introduction of modern technologies in the banking legislation needs to support and protect the private banks and the government."
Najib revealed plans to "re-structure of the banks supported by foreign expertise," to Avcta that "progress is slow work of this Committee, and not within the required level."


http://translate.google.com/translate?prev=hp&hl=en&js=y&u=http://almadapaper.net/&sl=ar&tl=en&history_state0

[/ltr]

    Current date/time is Fri 09 Dec 2016, 1:45 am