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Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the bankin

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rocky
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Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the bankin

Post by rocky on Tue 26 Jul 2016, 5:21 am


  • [size=48]Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the banking system overall[/size]
    July 26, 2016


[ltr]

Our economy / Baghdad
Signed bank Rafidain and Rasheed, a contract with an international company for the acquisition of the banking system overall.
A statement by the Office of the Inspector General of the Ministry of Finance, the agency received our economy News, a copy of which, today, "in order to keep pace with global technological developments in the Iraqi banking business, and its contribution to the work to overcome the financial crisis and the development sectors of the country's economic, to help to cope with financial volatility by participating activities investment and finance long industrial and agricultural sectors term within the automation of the banking business concepts, signed a bank Rafidain contract advisory and Rasheed with a company [Ernst & Young] world for the acquisition of the overall banking system, which will be applied in the two banks mentioned, to achieve the objectives referred to above, and during the period of 125 actual working days to complete the history of direct action. "


https://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Fwww.iqtesaduna.com%2F2015%2F10%2F27%2F%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D9%86%D9%8A%D8%A7%D8%A8%D9%8A%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%85%D9%82%D8%A8%D9%84-%D8%B9%D9%84%D9%89-%D8%A5%D9%81%D9%84%D8%A7%2F
[/ltr]

Lobo
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Re: Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the bankin

Post by Lobo on Tue 26 Jul 2016, 2:18 pm

Thanks, Rocky.  This is interesting - signed a bank Rafidain contract advisory and Rasheed with a company [Ernst & Young] world for the acquisition of the overall banking system, which will be applied in the two banks mentioned, to achieve the objectives referred to above, and during the period of 125 actual working days to complete the history of direct action.



Wonder who thought of this, I can only guess (my guess is IMF/USA).  Hopefully, this means things will be moving along - sooner than later.

mochasmom
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Re: Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the bankin

Post by mochasmom on Tue 26 Jul 2016, 2:46 pm

Cause they dont know what theyre doing, more oversight which is great!

duck2000
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Re: Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the bankin

Post by duck2000 on Tue 26 Jul 2016, 2:54 pm

It has taken the bold leadership and countless contributions of people around the world to form the leading global organization EY is today. Our roots go back to the 19th century and our founders Arthur Young and Alwin C Ernst.
Arthur Young 1863–1948
Alwin C Ernst 1881–1948
Arthur Young was born in Glasgow, Scotland. He graduated in law, but became interested in banking and investment. In 1890, he moved to the US to pursue his career in accounting. In 1906, he formed an accounting firm, Arthur Young & Company, with his brother Stanley.
Alwin C Ernst was born in Cleveland, USA. After leaving school he worked as a bookkeeper. Then, in 1903, he and his brother Theodore started Ernst & Ernst, a small public accounting firm.
Both Arthur Young and AC Ernst were innovators and appreciated the importance of quality in their work. Ernst pioneered the idea that accounting information could be used to make business decisions and make a difference to clients’ organizations. He inspired his people to deliver better service to clients. Young also positioned himself as a business advisor as much as an accountant.
Both men understood the importance of their people. In 1920, Ernst & Ernst’s operating philosophy stated: “The success of Ernst & Ernst depends wholly upon the character, ability and industry of the men and women who make up the organization.” Young supported the development of professionals. In the 1920s he originated a staff school and, in the 1930s, the firm was the first to recruit from university campuses.
Both firms were also quick to enter the global marketplace. As early as 1924, they allied with prominent British firms: Young with Broads Paterson & Co and Ernst with Whinney Smith & Whinney. These alliances were the first of many for both firms, which opened offices around the world to service their international clients.
AC Ernst and Arthur Young never met in life, but died within days of each other in 1948. However their philosophies lived on and, in 1989, were brought together when the firms they started combined to create Ernst & Young. The new organization quickly positioned itself on the leading edge of rapid globalization, new business technologies and continuous business change.
AC Ernst and Arthur Young would surely be proud of the result — a global organization of 212,000 people sharing their ideals and passion to help build a better working world.
View a timeline of EY’s history.

duck2000
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Re: Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the bankin

Post by duck2000 on Tue 26 Jul 2016, 2:55 pm

How organizations manage their capital today will define their competitive position tomorrow. We offer integrated, objective advisory services that are designed to help you make better decisions about how you strategically manage capital and transactions.


http://www.ey.com/GL/en/Services

weslin3
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Re: Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the bankin

Post by weslin3 on Tue 26 Jul 2016, 6:13 pm

hum Could be the reason that the currency auction was shut down 07/19 until this last Sunday? Busy?

duck2000
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Re: Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the bankin

Post by duck2000 on Tue 26 Jul 2016, 6:53 pm

@weslin3 wrote:hum Could be the reason that the currency auction was shut down 07/19 until this last Sunday? Busy?
nah just too darn hot too work...

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Re: Banks, Rafidain and Rasheed sign a contract with a foreign company for the acquisition of the bankin

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