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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


Neno

I can be reached by phone or text 8am-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

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    Central Bank: foiled scam B280 billion process

    day dreamer
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    Posts : 3197
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    • Post n°1

    Central Bank: foiled scam B280 billion process Empty Central Bank: foiled scam B280 billion process

    Post by day dreamer Sat 29 Nov 2014, 4:19 pm

    11/30/2014 (00:01 pm) - The number of readings: 26 - Issue (3228)


    [ltr][You must be registered and logged in to see this image.][/ltr]
    [ltr] Central Bank: foiled scam B280 billion process [/ltr]


    BAGHDAD / long-Presse

    [ltr] Governor of the Central Bank of Iraq and the Agency on the Keywords said in his speech during the "development of the banking reality in Iraq" conference held by the Iraqi Association of private banks in the Babylon Hotel in Baghdad, attended (range Press), "The banking system today defies a lot of difficulties amid laws and regulations need to be amended , so the most important and growing banking institutions for this role is to unite and cooperate together in order to create a good banking and financial environment serve the Iraqi reality. "[/ltr]

    [ltr]Keywords and added that "the economic development building task and the task of confronting all types of crimes a priority of the work of the Central Bank of Iraq," noting that "the last attempt to scam and piracy in the banking system occurred a few days ago to try to steal 280 billion dinars, but in coordination and cooperation with the government banking and private device foiled those the process that if there were to have been the biggest scam in the history of Iraq. "[/ltr]
    [ltr]He explained Keywords, that "cooperation and address gave the signal and record position for private banks that refused to cooperate with that process, and explained it in the same trench with the central bank," he said, adding that it "invites us to a united and supported for those banks work." Keywords and pointed out that "the central bank strives to develop the banking business through the development of the work of the payments to be there an electronic financial system works financial power."[/ltr]
    [ltr] He continued: "It do as well as offering electronic clearing system instead of clearing and manual work a feasibility study for the establishment of an Arab regional clearinghouse through a contract with a foreign consulting firm to support this project, where the Arab Monetary Fund, a party to the contract with that company."  Keywords and pointed out that "the Central Bank is working to unify the global account numbers in order to pay suspicions and money laundering."[/ltr]
    [ltr] For his part, President of the Association of private banks and Wadih Handal said during his speech at the conference "I call on the need to the government and the central bank's commitment to support private banks in order to create a financial environment that maintains and builds the Iraqi financial system."  Handal said that "the private banks is a real partner in the support and development of the financial system in Iraq, so it can not restrict the laws preventing them from the real deal banker, who has led to a decline in those banks made great strides."[/ltr]
    [ltr]The banking system consists in Iraq from 43 banks, as well as the Central Bank, and distributed according to government ownership between 7 and 30 eligibility, including 7-Islamic, as well as 6 foreign banks which are distributed by Branch 600.  The CBI stressed, in (November 24, 2014), seeking to amend the banking laws to suit the current situation, and pointed out that the money laundering law highlighted laws that seek to modify it, while stressing that he go to play the developmental role of the Iraqi economy.[/ltr]
    [ltr]The Central Bank of Iraq was established independently as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily buying and selling currencies sessions. [/ltr]



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