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.

Join the forum, it's quick and easy

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

Would you like to react to this message? Create an account in a few clicks or log in to continue.
Established in 2006 as a Community of Reality

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


4 posters

    Central Bank: No distinction between foreign banks and Iraqi currency auction

    rocky
    rocky
    NNP TEAM
    NNP TEAM


    Posts : 236297
    Join date : 2012-12-21

    Central Bank: No distinction between foreign banks and Iraqi currency auction Empty Central Bank: No distinction between foreign banks and Iraqi currency auction

    Post by rocky Fri 21 Apr 2017, 10:24 am

    Central Bank: No distinction between foreign banks and Iraqi currency auction

    economy Since 2017-04-21 at 13:09 (Baghdad time)

    Baghdad - Mawazine News
    The Central Bank of Iraq denied on Friday the existence of a distinction between foreign and Iraqi banks in entering the window selling the currency auction process.
    The Director of the Information Office of the Bank, Acer Jabbar in a statement received / Mawazin News / a copy of it, "The branches of foreign banks operating in Iraq represents the main bank with all its capabilities, including capital and the Iraqi Central Bank's demand for those branches need to save seventy billion dinars, Operating capital and does not represent the entire capital of the Bank ".
    He added: "The entry into the window of selling foreign currency for banks operating in Iraq in general is on the criteria approved by the Central Bank of Iraq and international accounting companies are solid and available to all banks to see and therefore when some branches of foreign banks exceed these standards are excluded from entering the window either When matching the standards as is the case with all Iraqi banks will get their entitlement. "
    Jabbar denied "the existence of discrimination in dealing with the Central Bank of Iraq between banks operating in Iraq, whether foreign or Iraqi only on the basis of classification because they form part of the banking system of Iraq."
    He pointed out that "a number of Arab and foreign banks do not enter the window of sale of foreign currency originally or intervention in limited quantities and the share of Iraqi banks still represent the largest proportion of sales of the dollar."


    [You must be registered and logged in to see this link.]
    rocky
    rocky
    NNP TEAM
    NNP TEAM


    Posts : 236297
    Join date : 2012-12-21

    Central Bank: No distinction between foreign banks and Iraqi currency auction Empty Central: do not distinguish between foreign and Iraqi banks and currency auction

    Post by rocky Fri 21 Apr 2017, 11:24 am

    Central: do not distinguish between foreign and Iraqi banks and currency auction


    The Journal News

    Denied the Central Bank of Iraq, there is no discrimination between foreign and Iraqi banks to sell the currency to enter the window.

    The media office of the bank manager, Acer Jabbar said in a statement received by the "Journal News" that "foreign banks operating in Iraq branches represent the bank president with all their resources, including capital and claim the Central Bank of Iraq to these branches need to provide (seventy billion dinars) is only the head of operational capital and does not represent the entire capital of the bank. "

    "As the entry of the sale of foreign currency window for banks operating in Iraq in general be approved by the Central Bank of Iraq standards and accounting firms of international solid and are available for all banks to see them and thus when they exceed some branches of foreign banks, these criteria are excluded from entering the window either when matching the criteria as is the case with all Iraqi banks will get the maturity. "

    Jabbar denied "the existence of discrimination to deal for the Central Bank of Iraq between banks operating in Iraq, whether foreign or Iraqi, but on the basis of classification because they are part of the Iraqi banking system."

    He pointed out that "a number of Arab and foreign banks do not enter the already selling foreign currency window or enter limited quantities and that the share of Iraqi banks continue to represent the largest proportion of dollar sales."

    [You must be registered and logged in to see this link.]
    rocky
    rocky
    NNP TEAM
    NNP TEAM


    Posts : 236297
    Join date : 2012-12-21

    Central Bank: No distinction between foreign banks and Iraqi currency auction Empty Central Bank: No distinction between foreign and Iraqi banks sell the currency window

    Post by rocky Fri 21 Apr 2017, 11:32 am


    Central Bank: No distinction between foreign and Iraqi banks sell the currency window


    Twilight News / confirmed the Information Office of the Central Bank of Iraq Acer Jabbar , director of the foreign banks operating in Iraq branches represent the bank president with all their resources , including capital and claim the Central Bank of Iraq to these branches need to provide (seventy billion dinars) is only operational capital and does not represent capital of the entire bank.

    He said in an interview reported to Twilight News, that the entry of the sale of foreign currency window for banks operating in Iraq in general be approved by the Central Bank of Iraq standards and accounting firms of international solid and are available for all banks to see them and thus when they exceed some branches of foreign banks , these criteria are excluded from entering the window when the matching criteria , as is the case with all Iraqi banks will get the maturity and there is no discrimination deal for the Central Bank of Iraq between banks operating in Iraq , whether foreign or Iraqi , but on the basis of classification because it forms part of a The Iraqi banking system.

    He said that a number of Arab and foreign banks do not enter the already selling foreign currency window or enter limited quantities and that the share of the Iraqi banks continue to represent the largest proportion of dollar sales.

    Keywords:

    [You must be registered and logged in to see this link.]
    rocky
    rocky
    NNP TEAM
    NNP TEAM


    Posts : 236297
    Join date : 2012-12-21

    Central Bank: No distinction between foreign banks and Iraqi currency auction Empty Central Bank: No distinction between foreign and Iraqi banks and currency auction

    Post by rocky Fri 21 Apr 2017, 11:34 am

    Central Bank: No distinction between foreign and Iraqi banks and currency auction



    News Agency pratha 28  04/21/2017


    Denied the Central Bank of Iraq, there is no discrimination between foreign and Iraqi banks in the sale of currency to enter the window [auction process].

    The Information Office of the bank manager, Acer Jabbar said that "branches of foreign banks operating in Iraq, representing the bank president with all its potential, including the capital and the claim of the Central Bank of Iraq to these branches need to provide [seventy billion dinars] is only operational capital and does not represent the bank's capital as a whole. "

    "As the entry of the sale of foreign currency window for banks operating in Iraq in general be approved by the Central Bank of Iraq standards and accounting firms of international solid and are available for all banks to see them and thus when they exceed some branches of foreign banks, these criteria are excluded from entering the window either when matching the criteria as is the case with all Iraqi banks will get the maturity. "

    Jabbar denied "the existence of discrimination to deal for the Central Bank of Iraq between banks operating in Iraq, whether foreign or Iraqi, but on the basis of classification because they are part of the Iraqi banking system."

    He pointed out that "a number of Arab and foreign banks do not enter the already selling foreign currency window or enter limited quantities and that the share of Iraqi banks continue to represent the largest proportion of dollar sales."

    [You must be registered and logged in to see this link.]
    lonelyintexas
    lonelyintexas
    NNP TEAM
    NNP TEAM


    Posts : 4285
    Join date : 2012-12-19
    Location : San Antonio

    Central Bank: No distinction between foreign banks and Iraqi currency auction Empty Re: Central Bank: No distinction between foreign banks and Iraqi currency auction

    Post by lonelyintexas Fri 21 Apr 2017, 11:37 am

    Sounds like could be getting closer to not needing the auctions.
    Thanks
    LIT
    rocky
    rocky
    NNP TEAM
    NNP TEAM


    Posts : 236297
    Join date : 2012-12-21

    Central Bank: No distinction between foreign banks and Iraqi currency auction Empty Central Bank: No distinction between foreign and Iraqi banks to enter the sale of currency window

    Post by rocky Fri 21 Apr 2017, 11:40 am

    Central Bank: No distinction between foreign and Iraqi banks to enter the sale of currency window

    Friday April 21, 2017 12:25






    News / Baghdad
    , said the Iraqi Central Bank , on Friday, he does not distinguish between Iraqi and foreign banks to enter in the sale of currency window, between the entry of these banks generally be in accordance with approved by the Bank 's standards. 

    The bank said in a statement received, Alsumaria News, a copy of it, that "foreign banks operating branches in Iraq represents the bank 's president with all its potential , including the capital and the claim of the Central Bank of Iraq to those branches of the need to provide (seventy billion dinars) only operational capital and does not represent the head capital of the bank as a whole. "




    The bank said that " the entry of foreign currency selling for banks operating in Iraq in general window be approved by the Central Bank of Iraq standards and accounting firms of international solid and are available for all banks to see them , " explaining that "when it goes beyond some branches of foreign banks , these criteria are excluded from entering the window when matching the criteria as is the case with all Iraqi banks will get the maturity. " 

    He stressed that "there is no discrimination deal for the Central Bank of Iraq between banks operating in Iraq , whether foreign or Iraqi , but on the basis of classification because they are part of the Iraqi banking system." 

    The bank continued, that " a number of Arab and foreign banks do not enter the already selling foreign currency window or enter limited quantities and that the share of the Iraqi banks continue to represent the largest proportion of dollar sales." 
    And select the Central Bank of Iraq on Tuesday (April 11, 2017) and the terms of the level of success for banks that can enter the window of the sale of foreign currency, stressing the need for continued support of banks and procedures for compliance with the standard.




    [You must be registered and logged in to see this link.]
    weslin3
    weslin3
    Interacting Investor
    Interacting Investor


    Posts : 7462
    Join date : 2012-12-19

    Central Bank: No distinction between foreign banks and Iraqi currency auction Empty Re: Central Bank: No distinction between foreign banks and Iraqi currency auction

    Post by weslin3 Fri 21 Apr 2017, 12:19 pm

    lonelyintexas wrote:Sounds like could be getting closer to not needing the auctions.
    Thanks
    LIT

    That would be nice!
    zimi31
    zimi31
    Interacting Investor
    Interacting Investor


    Posts : 2430
    Join date : 2012-12-21
    Location : New York

    Central Bank: No distinction between foreign banks and Iraqi currency auction Empty Re: Central Bank: No distinction between foreign banks and Iraqi currency auction

    Post by zimi31 Fri 21 Apr 2017, 6:25 pm

    Everything is looking positive...   8
    rocky
    rocky
    NNP TEAM
    NNP TEAM


    Posts : 236297
    Join date : 2012-12-21

    Central Bank: No distinction between foreign banks and Iraqi currency auction Empty Central Bank: The window selling the currency is open even in front of foreign banks

    Post by rocky Sat 22 Apr 2017, 9:57 am

    Central Bank: The window selling the currency is open even in front of foreign banks


    Last updated: 22 April 2017 - 12:22 PM
    Baghdad / Network Iraq News-denied Central Bank of Iraq on Saturday, there is no discrimination between foreign and Iraqi banks to enter the sale of the currency auction Alamlah.ookd media office of the bank window manager, Acer Jabbar said in a statement today: " The foreign banks operating in Iraq represent the bank branches President with all their resources , including capital and claim the Central Bank of Iraq to these branches need to provide seventy billion dinars is only operational capital and does not represent the bank 's capital as a whole . "He added , " the entry of the sale of foreign currency window for banks operating in Iraq in general , be accredited by the standards The Central Bank of Iraq and international accounting companies are solid and available to all banks to see and therefore when some branches of foreign banks exceed these criteria are excluded from entering the window, but when the criteria, as with all Iraqi banks will get their entitlement. " Central Bank of Iraq between banks operating in Iraq , whether foreign or Iraqi , but on the basis of classification because they are part of the Iraqi banking system ".ofatt that" a number of Arab and foreign banks do not enter the already selling foreign currency window or enter specific quantities Dah and that the share of Iraqi banks continue to represent the largest proportion of dollar sales. "


    [You must be registered and logged in to see this link.]

    Sponsored content


    Central Bank: No distinction between foreign banks and Iraqi currency auction Empty Re: Central Bank: No distinction between foreign banks and Iraqi currency auction

    Post by Sponsored content


      Current date/time is Thu 09 Feb 2023, 4:19 am