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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

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    Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems

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    Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems Empty Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems

    Post by Rocky Tue 02 Aug 2016, 11:03 am


    [size=48]Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems


    August 2, 2016
     
    24
     
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    [/size]


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    Our economy/Baghdad
    Holding the "Institute for the advancement of development policies, economic seminar with the participation of Iraqi National Business Council and the Central Bank to discuss how e-dinar version into your own business dealings with Government and private banks early next year.
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    He said the Iraqi National Business Council President Daud Abdul ROAR that "the main reason for introducing the currency were damaged in banking transactions is the result of having accounted for 77 per cent of the national currency outside the banking system and there are only 23 per cent is moving within the system they represent government deposits only", stating that "the citizen who does some financial transactions through banks is the result of having to complete certain transactions you pay to enter his money to banks and take out the mechanism demonstrates the flaw in the banking system,This flaw lies in the vibration or mistrust between the banking sector and customers or depositors. "
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    "The ROAR" is located in the adjacent control circulation of money imbalance as a result absence of electronic system so the applicant remain worried about his money because he doesn't know her fate, it is possible to go to finance terrorism or corruption or fraud because the banking system followed is the old systems and over 100 years ago by a paper-based system in the world arrived to non-time ", pointing out that" we don't want to talk about perfect as we sought to develop a plan for a specific time and Keep a clear goal such as access to 70 per cent of electronic transactions 2020 and 2025 reach similar to phase in accordance with the aim and motto would be adopted in accordance with the plan include consumer and user port to leave economic and monetary circulation methods randomness that is no longer feasible. "
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    ROAR hailed the Central Bank's actions in the application of electronic systems, afterthought. But the gap between customers and banks, that gap not bear her Central Bank but borne by State banks belonging to the Ministry of finance, the problem started in the good Bank and Mesopotamia because of insecurity and deposit their depositors and then moved to private banks
    Prof roar, he explained that the use of these systems is the reduction of the funds went to finance terror or corruption or other through electronic control money circulating in this solve a lot of problems related to security and corruption this electronic world order.. Noting that considerable efforts have been made to issue electronic dinar, but this should be dedicated to collect funds for dinar Government only because they represent the higher cash in circulation revenue as in the Gulf States to prevent corruption.Calling Rasheed Bank or Mesopotamia adopted halls dinar version is distributed to other banks to restrict state money and her collections with a single account number instead of 300 Government account number exists and no one knows how much money the Government precisely because they distributed among multiple mathematical figures and different branches and no electronic control systems we reveal the size of these funds specifically
    He drew the ROAR that "electronic dinar trading would provide financial resources for Government because it sshaga the entry become money stashed away in homes to JD electronics carry high flexibility in dealing or sale. Without that to be in balance next year 2017 official revenue through electronic dinar which is estimated at 15 trillion dinars. " Stressing that "slow proceedings would hamper project claiming reliance on citizens initiative to deposit their money, this is out of the question because of a lack of confidence in banks."
    "I see the Central Bank invited to register Iraqi dinars in foreign exchange market and thus that it would block the draft deal email though Iraq possesses giant Federal Reserve. Pointing to the Kuwaiti experience which was one of the most successful experiments in the world after the company was formed to manage the electronic handling and file issued smart cards, could benefit from this experience in establishing an Iraqi company handles this task.
    Also called the ROAR also to replace the local currency because there are a lot of Iraqi currency, particularly the 25 000 smuggled over the border and therefore needs to be replaced to ensure her returning thus subjecting customers to the new standards.



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    Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems Empty Re: Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems

    Post by jedi17 Tue 02 Aug 2016, 11:35 am

    "I see the Central Bank invited to register Iraqi dinars in foreign exchange market and thus that it would block the draft deal email though Iraq possesses giant Federal Reserve. Pointing to the Kuwaiti experience which was one of the most successful experiments in the world after the company was formed to manage the electronic handling and file issued smart cards, could benefit from this experience in establishing an Iraqi company handles this task.
    Also called the ROAR also to replace the local currency because there are a lot of Iraqi currency, particularly the 25 000 smuggled over the border and therefore needs to be replaced to ensure her returning thus subjecting customers to the new standards.


    UMMMMMMM   HELLLLLOOOOOOO!!!!!!!!




    WOW
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    Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems Empty Re: Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems

    Post by weslin3 Tue 02 Aug 2016, 11:52 am

    Are they referring to us as the "smugglers." lol!


    Pointing to the Kuwaiti experience which was one of the most successful experiments in the world after the company was formed to manage the electronic handling

    Is this referring to when Kuwait revalued their currency after the invasion? hum

    I have a lot of questions but believe me, I likey this article a lot. ok
    The author of this message was banned from the forum - See the message
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    Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems Empty Re: Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems

    Post by wciappetta Tue 02 Aug 2016, 12:04 pm

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    August 2, 2016 
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    Our economy / Baghdad
    Hold "the Institute of the progress of the development policies of" economic seminar with the participation of the Iraqi National Business Council and the Central Bank to discuss how to issue dinar-mail and enter it in their own government and private banks trading early next year.
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    President of the National Business Council, the Iraqi David Abdul Zayer said, "and he said the main reason for the introduction of Alaketorneh currency in banking is the result of having 77 per cent of the national currency outside the banking system and there are only 23 per cent move within this system, a government deposits represent only" noting that "the citizen who is in some financial transactions through banks is a result of having had to complete certain transactions pay to insert his money to the bank and taking them out and this mechanism demonstrate that there is an imbalance in the banking system, and this imbalance lies in the vibration or the lack of trust between the customers of the banking sector or the depositors."
    [You must be registered and logged in to see this link.]
    He Zayer "The overall system is located and control adjacent to the circulation of money is causing a major disruption as a result of the absence of the electronic system and therefore, the depositor remains worried about his money because he did not know the fate it is possible to go to fund terrorism or corruption or fraud because of the practice of the banking system is one of the older systems the work was completed by 100 years ago, a paper-based system at a time when the world arrived in style Allankadi, "pointing out that" we do not want to talk idealism as much as we sought to develop a plan for a specific time and put a clear goal, such as access to 70 per cent of electronic transactions in 2020 and in 2025 uncritical appeal to get to the stage in accordance with the goal and the slogan is being adopted in accordance with the plan that includes the user and the consumer and the port in order to leave random economic and monetary trading methods that are no longer viable. "
    [You must be registered and logged in to see this link.]
    He praised Zayer procedures followed by the central bank in the application of electronic systems, but he also .. but the big gap between customers and banks, this gap to Aathmlha central bank but the Ministry of Finance government banks incurred and this problem started in a bank Rafidain and Rasheed because of the deposit and not reassure depositors their money and then moved to private banks 
    Professor Zayer, said that the interest of these regulations is to limit go its funds to finance terrorism, corruption or other through the imposition of the electronic control of the money in circulation and thus solve a lot of problems related to security, corruption, and this electronic global regimentation .. Indicating that great efforts have been made to issue dinar-mail, but it must be the dinar will be dedicated to the collection of money for the government only because it represents the revenue the highest in the cash circulation as is the case in the Gulf states in order to prevent corruption .. calling Rasheed Bank or Mesopotamia adopt issuing dinar Alaketorne and is distributed to other banks in order to be limited state funds and Jpayadtha number one account instead of the account number 300 with the government exist and no one knows exactly how much money the government because it is distributed among multiple mathematical figures and various branches and there are no electronic control systems reveal the size of these funds specifically 
    He Zayer that "electronic trading dinar would provide prior financial sources for the government because he Scdja the input turning money chunky at home to electronic dinars carries a high flexibility in dealing or sale .. without rule out that to be in the next year's budget in 2017 the official revenue Using e-dinar, which is estimated at 15 trillion dinars. " Stressing that "the slow pace of the proceedings would hamper the project, claiming reliance on the initiative of citizens to deposit their money, this is unlikely due to lack of confidence in banks.
    He called Zayer the central bank to the registration of the Iraqi dinar in the foreign exchange market and therefore this would block the project electronic transactions Although Iraq has backed federally giant .. pointing to the Kuwaiti experiment which was one of the most successful global experiences after they were forming a joint-stock company to manage the deal file mail and issued a smart card, and possible benefit from this experience in the establishment of an Iraqi company that handles this task. 
    Zayer also called for the replacement of the local currency because there are a lot of Iraqi currency, especially the category of 25 thousand dinars had been smuggled across the border and therefore become necessary to replace them to ensure Autea dealers and thus subjecting them to the new standards.


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    The word block in blue ought to be understood the reference is connected to the previous thought about the citizens confidence in the banking system and electronic Dinar as the method to overcome it.


    Last edited by wciappetta on Tue 02 Aug 2016, 1:00 pm; edited 2 times in total


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    Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems Empty Re: Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems

    Post by wciappetta Tue 02 Aug 2016, 12:08 pm

    jedi17 wrote:"I see the Central Bank invited to register Iraqi dinars in foreign exchange market and thus that it would block the draft deal email though Iraq possesses giant Federal Reserve. Pointing to the Kuwaiti experience which was one of the most successful experiments in the world after the company was formed to manage the electronic handling and file issued smart cards, could benefit from this experience in establishing an Iraqi company handles this task.
    Also called the ROAR also to replace the local currency because there are a lot of Iraqi currency, particularly the 25 000 smuggled over the border and therefore needs to be replaced to ensure her returning thus subjecting customers to the new standards.


    UMMMMMMM   HELLLLLOOOOOOO!!!!!!!!




    WOW


    I know I'm giddy over it!!!!! banna3


    _________________
    [You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible
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    Post by jedi17 Tue 02 Aug 2016, 12:22 pm

    weslin3 wrote:Are they referring to us as the "smugglers." lol!


    Pointing to the Kuwaiti experience which was one of the most successful experiments in the world after the company was formed to manage the electronic handling

    Is this referring to when Kuwait revalued their currency after the invasion? hum

    I have a lot of questions but believe me, I likey this article a lot. ok
    smuggling the money over the borders to terrorists, or the corrupt to line their own pockets
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    Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems Empty CBI approaching the issue dinar-mail and enter it in their own government and private banks and busi

    Post by Rocky Tue 02 Aug 2016, 12:32 pm

    CBI approaching the issue dinar-mail and enter it in their own government and private banks and business dealings




    August 2nd, 2016

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    The progress of the Institute for Development Policy

    With the support of the Confederation of Businessmen and the Council of the National Association of Business and private banks ..

    in a seminar «progress of the Institute for Development Policy» ..

    Experts in the banking, economic and financial affairs discussed the step of the Central Bank of Iraq to issue e - dinar and the application of advanced electronic systems in commercial transactions in various details ..

    experts called in a seminar held by «Institute of the progress of the policies of development» with the participation of Governor of the Central Bank Mr. Ali Keywords and president of the National Business Council of Iraq David Abd al - Zayer and general manager of the Rafidain Bank Dr. Khawla al - Asadi and representatives of the Iraqi private banks association and others .. called for speeding up the application of these systems because of their impact in encouraging savings and improve the level of GDP as well as contribute to the development of the reality of the banking sector in the country ,

    MP Dr. Mehdi al - Hafez , who moderated the seminar , said at the outset .. since the period we are talking about a banking reform and the question is always key is to find appropriate mechanisms for reform, .. indicating that many targets set in this direction, but regrettably not achieved the desired reform for many reasons .. stressing on that day the country in front of a big task is how we can develop the banking sector from either the government or the National .. indicating that the means and mechanisms reform is subjecting the currency to the electronic system.

    then the central bank governor , a professor on the Keywords occur .. indicating that the payments system is an important pillar of the the banking and financial sector, this system consists of the first two phases related to the large total transactions between banks and companies within the system that the settlement of these transactions and conduct clearing operations and liquidation of the great number of banking daily transactions .. The second stage retail payment system, which represents the daily transactions for individuals to pay their obligations through the card electronic or mobile and other phone. He pointed out that the role of the central bank carry out surveillance and supervision including the Aada regard to the presence of problematic in banking transactions at the country level and the requisite large size of the precise regulation .. may be the role of an operator or partner or user of the system of electronic banking .. stressing that the future role of the Bank is to supervise order and entrusted operation is important for a company or a group of private sector companies.

    he Keywords that the application dealing electron system requires work to provide the infrastructure required, including the legislative and legal structure governing the banking services to all the details have been the central bank to conduct a comprehensive review of the laws of banking and regulations in force and put preliminary draft needed legislation in this area of legislation as well as the issuance of the electronic payment system and controls subscribe to the infrastructure of the payment system retail .. explaining that the amount of $ 20 trillion dinars are being handled by a month as part of a system which is fast, accurate and support the national economy away from a lot of problems , a gorgeous and very sophisticated system and help the bank to do a follow - up to all these processes and to prevent violations and abuses and is updated through the end of 2015 and not the state of the problem being that the work with the World Bank to review and evaluate the national payments system has been set up three locations for the data in the whole of Iraq and one outside Iraq to recover risks, and we need a comprehensive banking systems followed by the banks for the system to be able to achieve its goals .. revealing that the government banks do not have such an electronic system although has hundreds of branches, .. declaring that the bank took the initiative to adopt an alternative system to perform is a task after it gave the government banks until next September to adjust their positions within this electronic system

    and pointed Keywords that the regulatory side is being handled by the central bank by issuing controls the use of electronic credit cards and there are plenty of companies that submitted bids for work on the processing of these cards to the fact that the Central Bank It owns National divider which regulates these processes and this divider represents an incubator electronic banking operations .. indicating that the Bank elaborate scheme Standalq in early 2017 to regulate such operations, and expressed regret about the low percentage of beneficiaries and users in Iraq who are not to exceed 10 per cent and 8 per cent of these are very limited operations such as receiving salary only and there are only 2 per cent of Iraqis are using smart cards .. explaining that trends in will help expand financial inclusion through the entry of more citizens to these systems and thus make use of the money supply in the possession of people which amounts to 77 per cent outside the system , as well as get rid of the cash circulation problems.

    President of the National Business Council , the Iraqi professor David Abdul Zayer talked about the point of Iraqi businessmen 's views on the banking systems and the introduction of e - dinar .. indicating that the main reason for the introduction of Alaketorneh currency in banking It is the result of having 77 per cent of the national currency outside the banking system and there are only 23 per cent moving into this system which represents government deposits only, while the citizen who does some financial transactions through banks is a result of having had to complete certain transactions pay to insert his money to the bank and taking them out this mechanism demonstrate that there is an imbalance in the banking system, and this imbalance lies in the vibration or the lack of trust between the customers of the banking sector or depositors .. indicating that the overall system is located and control adjacent to the circulation of money is causing a major disruption as a result of the absence of the electronic system and therefore, the depositor remains worried about his money because he did not know the fate it is possible to go to fund terrorism or corruption or fraud because of the practice of the banking system is one of the old regimes and came to an end 100 years ago , a paper - based system at a time when the world arrived in style Allankadi ..lavta that we do not want to talk idealism as much as we sought to develop a plan for a specific time and put a clear goal , such as access to 70 per cent of electronic transactions in 2020 and in 2025 we get to an uncritical appeal stage according to the goal and the slogan is being adopted in accordance with the plan for the user and the consumer and the port include so random leave economic cash trading and methods that have not longer viable

    and praised Zayer procedures followed by the central bank in the application of electronic systems, but he also .. but the big gap between customers and banks, this gap to Aathmlha central bank but the Ministry of Finance government banks incurred and this problem started in a bank Rafidain and Rasheed because of the deposit and not reassure depositors their money and then moved into the private banks

    professor Zayer, said that the interest of these regulations is to limit go its funds to finance terrorism, corruption or other through the imposition of the electronic control of the money in circulation and thus solve a lot of problems related to security, corruption , and this electronic global regimentation .. indicating that considerable efforts have been made ​​to the issuance of electronic dinar, but should this dinar is dedicated to the collection of money for the government only because it represents the revenue the highest in the cash circulation as is the case in the Gulf states in order to prevent corruption .. calling Rasheed Bank or Mesopotamia adopt issuing Alaketorne dinar and is distributed to other banks in order to the inventory of state funds and Jpayadtha number one account instead of the 300 account number with the government exist and no one knows how much is the size of government funds precisely because it is spread among multiple mathematical figures and various branches and there are no electronic control systems reveal the size of the money specifically

    pointed professor Zayer to the e - dinar trading would provide prior financial sources for the government because he Scdja the input turning money chunky at home to electronic dinars carries a high flexibility in dealing or sale .. without rule out that to be in the next year 's budget in 2017 the official revenue by electronic dinar which is estimated at 15 trillion dinars .. stressing that the slow pace of the proceedings would hamper the project , claiming rely on citizens ' initiative to deposit their money , this is unlikely due to lack of confidence in banks.

    He called Zayer the central bank to the registration of the Iraqi dinar in the foreign exchange market and therefore this would disrupt project electronic transactions despite the fact that Iraq has backed federally giant .. pointing to the Kuwaiti experiment which was one of the most successful global experiences after they were forming a joint - stock company to manage the handle electronic file and issued a smart card, and the possible benefit from this experience in the establishment of an Iraqi company that handles this task

    Zayer also called for the replacement of the local currency because there are a lot of Iraqi currency, especially the category of 25 thousand dinars had been smuggled across the border and therefore become necessary to replace them to ensure the return and thus subjecting dealers out to the new standards.

    so I talked Dr. Khawla al - Asadi , Director General of the Bank Rivers .. pointing out the importance of e - cash and its effect on increasing the money supply within the banking system as it contributes to the creation of deposits out of bank records and helps to monitor and control the movement of these deposits ..oumany that we have a sound banking system .. common we all contributed to the dismemberment this banking system and sound system that encourages depositors .. adding that confidence zero , the banks turned to the bank if it is Alsndua in the clouds and deposit, and Kdzbb this loss of deposits that can come across the developed banking system


    confirmed al - Asadi said the electronic system helps eliminate corruption and fraud and speed up the collection and payment and provide services be satisfied customers and increase the level of culture among the community .. calling on the media to be supported by the banking business in Iraq and not to discredit the banks because that will shake the trust between the public and the banks .. stressing the need to leave work instruments system before issuing dinar mail with emphasis on raising public awareness of distasteful regimes electronic payment

    on its part was separated from the circle of Mrs. sacrificed payments in central bank bank action in the measures taken in the electronic retail operations in the framework of the payments system through the adoption of effective partnership with key partners .. indicating that the challenge facing the system not owning citizens , smart cards , but the real challenge is to create a basic output of these tools in the markets and shopping areas .. indicating that the goal is to reduce the masses of cash circulating in the markets , and that would support GDP

    and added that the central bank 's move to build divider national in order to link local and foreign banks under the Central Bank of the umbrella using local Rtat and their settlements within the central bank as well as the settlement of transfers by mobile phone has been my company «Zain» and «Asia torrent« license in this area ..mbanh that the bank cares greatly increase the number of ATMs to reduce the use of cash and instruments will be work on building a comprehensive data base of operations conducted through banks, monitoring and supervision Keturnia .. indicating that the goal is to have by the end of this year , the largest possible number of banks that deal e regimes to be the beginning of 2017 , a competitive and transparent the beginning of the launch of projects designed to expand the market and the entry of firms non - banks to issue Prepaid including passenger cards and other cards, there are a lot of companies that submitted their requests for cards issuing licenses or therapists or other .. expressing regret over the low quite bad in Iraq , the level of the electronic collection relating to water and electricity and the Internet .. announcing directed Bank to the creation of the National Council of payments that would develop plans and strategies required for the development of banking systems

    and indicated sacrificed to the e - dinar is an electronic Kartat prepaid and is forcing authorities acceptance issued by the bank or banks or companies sober and able citizen use in passports or payment of any other benefits and there is no objection to the banks issuing the cards.

    But the Iraqi private banks association adviser professor Muhammad Tahir spoke about the position of the Association of the introduction of the electronic currency trading and cash deal through the banks to provide banking services based on electronic communication networks .. indicating that the need has become urgent to adopt these systems because Alatsala revolution and the prevalence of e - commerce in the world and the occurrence of stiff competition between banks as well as the entry of many commercial and economic institutions in the banking labor market, they also help reduce the operating costs of the banks ,

    Mr. Taher stressed that the vision of the Iraqi private banks association about the importance of the electronic banking is reduce inflation by reducing the money supply in the market through ongoing business dealings between the government and private institutions and businesses by localization of salaries to government institutions and reduce theft and prevent fraud and encourage savings and other factors .. indicating that electronic banking will achieve many of the benefits to customers by most importantly ease of use and represents a strong guarantee for the rights of the seller and the source of polarization to the general public .. reviewing Widgets these banking of Babav automated POS and electronic payment via the Internet pages as well as across the banking mobile text messages

    and said Taher said the status quo of electronic banking has seen a lot of important steps and consequently the period the near future will see a lot of development in this area .. calling on the government to provide more support for banking institutions and the need to leave the cash payment of salaries and resort to banks and institutions that are willing to settle salaries and described through electronic channels an

    economic expert , Dr. Ikram Abdul Aziz pointed to the prevalence of the phenomenon of compactness a reality anyway because lack of confidence in banks and therefore this would be it hinders the implementation of e - dinar .. calling on the central bank to be the role of a supervisory .. and the need for the existence and security legal cover for the issuance of electronic money.

    banking expert Dr. Khalil Chandler .. called to speed up the approval of the legal aspect of electronic currency as well as the side organizational and technical side - mail and the need for systems integration fragmented, as well as the urgency to remove zeros currency, with the survival of the central bank overseeing the process .. He pointed out that since the sixties of the last century and we call for the payment of salaries electronically .. indicating that the banks are not ready for the payment of salaries for non - infrastructure Altanath offer the human case of applies to the collection .. stressing the need for interest rate banks

    Dr. Ali al - Husseini vice president of Bank of the UNESCO called for the involvement of companies in the process of issuing e - dinar and the role of the central bank overseeing the mechanisms .. wondering about what preventive measures to protect the electronic system of Althecar or piracy

    economic expert , Dr. Abdullah al - Bandar .. called the achievement levels and measures to serve the development .. He explained to the adoption of a new experience similar to the ration card of encouragement to deal with the vehicles electronic system .. They also called for the re - issue coins to facilitate cash transactions Statistics in markets with reduce the small coins cost of such paper dinar , which has become a loss for the Iraqi economy

    Head of Iraqi businessmen union professor Reza Ragheb Blibl make a remark about the reputation of private banks indicating that more than a year and a lot of banks have deposits civil and when the situation deteriorated is no longer able to pay than cause the occurrence of a big problem and this led to the deterioration of the reputation of all banks .. calling on the central bank to speed to take measures to improve the reality of private banks and restore confidence between the customer and the bank.

    economic expert , Dr. Abdul Hussain Anbaki expressed fears of possible styles and systems classic big Bmhkladtha to the electronic systems of modern and thus difficult difficult to control and difficult for the Central Bank of the performance of his duties in monetary policy in the country 's administration about successful .. urged not to rush to the application of electronic systems by providing the infrastructure for this task and create public acceptance and harmony with the currency in the markets .. stressing that the competition between banking companies allows them to excel in providing its services so it should not include the regulations themselves and the laws that apply to everyone but take the by - case basis and allow it to offer its services in the manner that fits the

    former deputy Aa'bas Xiaa .. called on the central bank to carry out an awareness campaign to educate people to promote the idea electronic payment ..mtaliba central bank also obliging all government and private banks to enter the National divider system .. He explained that the issue of the distribution of salaries electronically requires legislation organized particularly with regard to deductions and thus should be required to state institutions , the distribution of salaries under this system and encourage their employees to use the electronic card .

    businesswoman Zainab al - Janabi .. stressed the need to spread electronic trading through the introduction of these concepts in the curriculum to create generations aware of such an issue .. , adding that there is a problem of banks that are unable faces on the reimbursement of its customers and therefore, the demobilization will create a big problem in the light of complex and difficult economic conditions in the country ..

    and al - Janabi , said that there is a problem facing investors guarantees with the Ministry of Justice has become old towards Saah months .. wondering: if we are not able to solve the problem of this magnitude , how is possible to apply the advanced electronic systems.

     
     
    http [:/] /www.newsabah.com/wp/newspaper/91747
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    Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems Empty Re: Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems

    Post by wciappetta Tue 02 Aug 2016, 12:56 pm

    declaring that the bank took the initiative to adopt an alternative system to perform is a task after it gave the government banks until next September to adjust their positions within this electronic system





    He called Zayer the central bank to the registration of the Iraqi dinar in the foreign exchange market 



     
    these regulations is to limit go its funds to finance terrorism, corruption or other through the imposition of the electronic control of the money in circulation and thus solve a lot of problems related to security, corruption , and this electronic global regimentation .. 



    Take us to the FOREX with PHAT Dinar!


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    Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems Empty Re: Business Council and Central Bank discuss how e-dinar version and apply the sophisticated systems

    Post by jedi17 Tue 02 Aug 2016, 1:02 pm

    CBI approaching the issue dinar-mail and enter it in their own government and private banks and business dealings




    August 2nd, 2016

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    The progress of the Institute for Development Policy

    With the support of the Confederation of Businessmen and the Council of the National Association of Business and private banks ..

    in a seminar «progress of the Institute for Development Policy» ..

    Experts in the banking, economic and financial affairs discussed the step of the Central Bank of Iraq to issue e - dinar and the application of advanced electronic systems in commercial transactions in various details ..

    experts called in a seminar held by «Institute of the progress of the policies of development» with the participation of Governor of the Central Bank Mr. Ali Keywords and president of the National Business Council of Iraq David Abd al - Zayer and general manager of the Rafidain Bank Dr. Khawla al - Asadi and representatives of the Iraqi private banks association and others .. called for speeding up the application of these systems because of their impact in encouraging savings and improve the level of GDP as well as contribute to the development of the reality of the banking sector in the country ,

    MP Dr. Mehdi al - Hafez , who moderated the seminar , said at the outset .. since the period we are talking about a banking reform and the question is always key is to find appropriate mechanisms for reform, .. indicating that many targets set in this direction, but regrettably not achieved the desired reform for many reasons .. stressing on that day the country in front of a big task is how we can develop the banking sector from either the government or the National .. indicating that the means and mechanisms reform is subjecting the currency to the electronic system.

    then the central bank governor , a professor on the Keywords occur .. indicating that the payments system is an important pillar of the the banking and financial sector, this system consists of the first two phases related to the large total transactions between banks and companies within the system that the settlement of these transactions and conduct clearing operations and liquidation of the great number of banking daily transactions .. The second stage retail payment system, which represents the daily transactions for individuals to pay their obligations through the card electronic or mobile and other phone. He pointed out that the role of the central bank carry out surveillance and supervision including the Aada regard to the presence of problematic in banking transactions at the country level and the requisite large size of the precise regulation .. may be the role of an operator or partner or user of the system of electronic banking .. stressing that the future role of the Bank is to supervise order and entrusted operation is important for a company or a group of private sector companies.

    he Keywords that the application dealing electron system requires work to provide the infrastructure required, including the legislative and legal structure governing the banking services to all the details have been the central bank to conduct a comprehensive review of the laws of banking and regulations in force and put preliminary draft needed legislation in this area of legislation as well as the issuance of the electronic payment system and controls subscribe to the infrastructure of the payment system retail .. explaining that the amount of $ 20 trillion dinars are being handled by a month as part of a system which is fast, accurate and support the national economy away from a lot of problems , a gorgeous and very sophisticated system and help the bank to do a follow - up to all these processes and to prevent violations and abuses and is updated through the end of 2015 and not the state of the problem being that the work with the World Bank to review and evaluate the national payments system has been set up three locations for the data in the whole of Iraq and one outside Iraq to recover risks, and we need a comprehensive banking systems followed by the banks for the system to be able to achieve its goals .. revealing that the government banks do not have such an electronic system although has hundreds of branches, .. declaring that the bank took the initiative to adopt an alternative system to perform is a task after it gave the government banks until next September to adjust their positions within this electronic system

    and pointed Keywords that the regulatory side is being handled by the central bank by issuing controls the use of electronic credit cards and there are plenty of companies that submitted bids for work on the processing of these cards to the fact that the Central Bank It owns National divider which regulates these processes and this divider represents an incubator electronic banking operations .. indicating that the Bank elaborate scheme Standalq in early 2017 to regulate such operations, and expressed regret about the low percentage of beneficiaries and users in Iraq who are not to exceed 10 per cent and 8 per cent of these are very limited operations such as receiving salary only and there are only 2 per cent of Iraqis are using smart cards .. explaining that trends in will help expand financial inclusion through the entry of more citizens to these systems and thus make use of the money supply in the possession of people which amounts to 77 per cent outside the system , as well as get rid of the cash circulation problems.

    President of the National Business Council , the Iraqi professor David Abdul Zayer talked about the point of Iraqi businessmen 's views on the banking systems and the introduction of e - dinar .. indicating that the main reason for the introduction of Alaketorneh currency in banking It is the result of having 77 per cent of the national currency outside the banking system and there are only 23 per cent moving into this system which represents government deposits only, while the citizen who does some financial transactions through banks is a result of having had to complete certain transactions pay to insert his money to the bank and taking them out this mechanism demonstrate that there is an imbalance in the banking system, and this imbalance lies in the vibration or the lack of trust between the customers of the banking sector or depositors .. indicating that the overall system is located and control adjacent to the circulation of money is causing a major disruption as a result of the absence of the electronic system and therefore, the depositor remains worried about his money because he did not know the fate it is possible to go to fund terrorism or corruption or fraud because of the practice of the banking system is one of the old regimes and came to an end 100 years ago , a paper - based system at a time when the world arrived in style Allankadi ..lavta that we do not want to talk idealism as much as we sought to develop a plan for a specific time and put a clear goal , such as access to 70 per cent of electronic transactions in 2020 and in 2025 we get to an uncritical appeal stage according to the goal and the slogan is being adopted in accordance with the plan for the user and the consumer and the port include so random leave economic cash trading and methods that have not longer viable

    and praised Zayer procedures followed by the central bank in the application of electronic systems, but he also .. but the big gap between customers and banks, this gap to Aathmlha central bank but the Ministry of Finance government banks incurred and this problem started in a bank Rafidain and Rasheed because of the deposit and not reassure depositors their money and then moved into the private banks

    professor Zayer, said that the interest of these regulations is to limit go its funds to finance terrorism, corruption or other through the imposition of the electronic control of the money in circulation and thus solve a lot of problems related to security, corruption , and this electronic global regimentation .. indicating that considerable efforts have been made ​​to the issuance of electronic dinar, but should this dinar is dedicated to the collection of money for the government only because it represents the revenue the highest in the cash circulation as is the case in the Gulf states in order to prevent corruption .. calling Rasheed Bank or Mesopotamia adopt issuing Alaketorne dinar and is distributed to other banks in order to the inventory of state funds and Jpayadtha number one account instead of the 300 account number with the government exist and no one knows how much is the size of government funds precisely because it is spread among multiple mathematical figures and various branches and there are no electronic control systems reveal the size of the money specifically

    pointed professor Zayer to the e - dinar trading would provide prior financial sources for the government because he Scdja the input turning money chunky at home to electronic dinars carries a high flexibility in dealing or sale .. without rule out that to be in the next year 's budget in 2017 the official revenue by electronic dinar which is estimated at 15 trillion dinars .. stressing that the slow pace of the proceedings would hamper the project , claiming rely on citizens ' initiative to deposit their money , this is unlikely due to lack of confidence in banks.

    He called Zayer the central bank to the registration of the Iraqi dinar in the foreign exchange market and therefore this would disrupt project electronic transactions despite the fact that Iraq has backed federally giant .. pointing to the Kuwaiti experiment which was one of the most successful global experiences after they were forming a joint - stock company to manage the handle electronic file and issued a smart card, and the possible benefit from this experience in the establishment of an Iraqi company that handles this task

    Zayer also called for the replacement of the local currency because there are a lot of Iraqi currency, especially the category of 25 thousand dinars had been smuggled across the border and therefore become necessary to replace them to ensure the return and thus subjecting dealers out to the new standards.

    so I talked Dr. Khawla al - Asadi , Director General of the Bank Rivers .. pointing out the importance of e - cash and its effect on increasing the money supply within the banking system as it contributes to the creation of deposits out of bank records and helps to monitor and control the movement of these deposits ..oumany that we have a sound banking system .. common we all contributed to the dismemberment this banking system and sound system that encourages depositors .. adding that confidence zero , the banks turned to the bank if it is Alsndua in the clouds and deposit, and Kdzbb this loss of deposits that can come across the developed banking system


    confirmed al - Asadi said the electronic system helps eliminate corruption and fraud and speed up the collection and payment and provide services be satisfied customers and increase the level of culture among the community .. calling on the media to be supported by the banking business in Iraq and not to discredit the banks because that will shake the trust between the public and the banks .. stressing the need to leave work instruments system before issuing dinar mail with emphasis on raising public awareness of distasteful regimes electronic payment

    on its part was separated from the circle of Mrs. sacrificed payments in central bank bank action in the measures taken in the electronic retail operations in the framework of the payments system through the adoption of effective partnership with key partners .. indicating that the challenge facing the system not owning citizens , smart cards , but the real challenge is to create a basic output of these tools in the markets and shopping areas .. indicating that the goal is to reduce the masses of cash circulating in the markets , and that would support GDP

    and added that the central bank 's move to build divider national in order to link local and foreign banks under the Central Bank of the umbrella using local Rtat and their settlements within the central bank as well as the settlement of transfers by mobile phone has been my company «Zain» and «Asia torrent« license in this area ..mbanh that the bank cares greatly increase the number of ATMs to reduce the use of cash and instruments will be work on building a comprehensive data base of operations conducted through banks, monitoring and supervision Keturnia .. indicating that the goal is to have by the end of this year , the largest possible number of banks that deal e regimes to be the beginning of 2017 , a competitive and transparent the beginning of the launch of projects designed to expand the market and the entry of firms non - banks to issue Prepaid including passenger cards and other cards, there are a lot of companies that submitted their requests for cards issuing licenses or therapists or other .. expressing regret over the low quite bad in Iraq , the level of the electronic collection relating to water and electricity and the Internet .. announcing directed Bank to the creation of the National Council of payments that would develop plans and strategies required for the development of banking systems

    and indicated sacrificed to the e - dinar is an electronic Kartat prepaid and is forcing authorities acceptance issued by the bank or banks or companies sober and able citizen use in passports or payment of any other benefits and there is no objection to the banks issuing the cards.

    But the Iraqi private banks association adviser professor Muhammad Tahir spoke about the position of the Association of the introduction of the electronic currency trading and cash deal through the banks to provide banking services based on electronic communication networks .. indicating that the need has become urgent to adopt these systems because Alatsala revolution and the prevalence of e - commerce in the world and the occurrence of stiff competition between banks as well as the entry of many commercial and economic institutions in the banking labor market, they also help reduce the operating costs of the banks ,

    Mr. Taher stressed that the vision of the Iraqi private banks association about the importance of the electronic banking is reduce inflation by reducing the money supply in the market through ongoing business dealings between the government and private institutions and businesses by localization of salaries to government institutions and reduce theft and prevent fraud and encourage savings and other factors .. indicating that electronic banking will achieve many of the benefits to customers by most importantly ease of use and represents a strong guarantee for the rights of the seller and the source of polarization to the general public .. reviewing Widgets these banking of Babav automated POS and electronic payment via the Internet pages as well as across the banking mobile text messages

    and said Taher said the status quo of electronic banking has seen a lot of important steps and consequently the period the near future will see a lot of development in this area .. calling on the government to provide more support for banking institutions and the need to leave the cash payment of salaries and resort to banks and institutions that are willing to settle salaries and described through electronic channels an

    economic expert , Dr. Ikram Abdul Aziz pointed to the prevalence of the phenomenon of compactness a reality anyway because lack of confidence in banks and therefore this would be it hinders the implementation of e - dinar .. calling on the central bank to be the role of a supervisory .. and the need for the existence and security legal cover for the issuance of electronic money.

    banking expert Dr. Khalil Chandler .. called to speed up the approval of the legal aspect of electronic currency as well as the side organizational and technical side - mail and the need for systems integration fragmented, as well as the urgency to remove zeros currency, with the survival of the central bank overseeing the process .. He pointed out that since the sixties of the last century and we call for the payment of salaries electronically .. indicating that the banks are not ready for the payment of salaries for non - infrastructure Altanath offer the human case of applies to the collection .. stressing the need for interest rate banks

    Dr. Ali al - Husseini vice president of Bank of the UNESCO called for the involvement of companies in the process of issuing e - dinar and the role of the central bank overseeing the mechanisms .. wondering about what preventive measures to protect the electronic system of Althecar or piracy

    economic expert , Dr. Abdullah al - Bandar .. called the achievement levels and measures to serve the development .. He explained to the adoption of a new experience similar to the ration card of encouragement to deal with the vehicles electronic system .. They also called for the re - issue coins to facilitate cash transactions Statistics in markets with reduce the small coins cost of such paper dinar , which has become a loss for the Iraqi economy

    Head of Iraqi businessmen union professor Reza Ragheb Blibl make a remark about the reputation of private banks indicating that more than a year and a lot of banks have deposits civil and when the situation deteriorated is no longer able to pay than cause the occurrence of a big problem and this led to the deterioration of the reputation of all banks .. calling on the central bank to speed to take measures to improve the reality of private banks and restore confidence between the customer and the bank.

    economic expert , Dr. Abdul Hussain Anbaki expressed fears of possible styles and systems classic big Bmhkladtha to the electronic systems of modern and thus difficult difficult to control and difficult for the Central Bank of the performance of his duties in monetary policy in the country 's administration about successful .. urged not to rush to the application of electronic systems by providing the infrastructure for this task and create public acceptance and harmony with the currency in the markets .. stressing that the competition between banking companies allows them to excel in providing its services so it should not include the regulations themselves and the laws that apply to everyone but take the by - case basis and allow it to offer its services in the manner that fits the

    former deputy Aa'bas Xiaa .. called on the central bank to carry out an awareness campaign to educate people to promote the idea electronic payment ..mtaliba central bank also obliging all government and private banks to enter the National divider system .. He explained that the issue of the distribution of salaries electronically requires legislation organized particularly with regard to deductions and thus should be required to state institutions , the distribution of salaries under this system and encourage their employees to use the electronic card .

    businesswoman Zainab al - Janabi .. stressed the need to spread electronic trading through the introduction of these concepts in the curriculum to create generations aware of such an issue .. , adding that there is a problem of banks that are unable faces on the reimbursement of its customers and therefore, the demobilization will create a big problem in the light of complex and difficult economic conditions in the country ..

    and al - Janabi , said that there is a problem facing investors guarantees with the Ministry of Justice has become old towards Saah months .. wondering: if we are not able to solve the problem of this magnitude , how is possible to apply the advanced electronic systems.


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