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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: the rise of bank assets to more than 120 trillion dinars

    Rocky
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    Central Bank: the rise of bank assets to more than 120 trillion dinars Empty Central Bank: the rise of bank assets to more than 120 trillion dinars

    Post by Rocky Mon 05 Aug 2019, 6:23 am

    [size=35][size=35]Central Bank: the rise of bank assets to more than 120 trillion dinars[/size]
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    Economie

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    2019-08-05 06:45
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    [size=18]The Central Bank of Iraq announced on Monday, the rise of bank assets to more than 120 trillion dinars, indicating that this indicates to increase the confidence of depositors in banks.


    The bank said in a statement received Alsumaria News a copy of it, "the assets of banks during 2018 rose by 10% compared to 2017 to exceed 120 trillion dinars, equivalent to 100 billion dollars," noting that "This indicates to increase the confidence of depositors in banks, which reflects positively on The evolution of the performance of banks and its contribution to the development of the Iraqi economy.







    The statement added that "its strategic actions have contributed mainly to increasing confidence in the banking sector and improving the rates of financial coverage, which reflected on the growth rate and the rise of bank assets and deposits steadily," continuing that "this rise came from mutual trust between citizens and the banking system from During the development of attracting cash deposits and commercial operations to banks more. " 

    The Bank has made accounting adjustments to the total assets of commercial banks in accordance with international accounting standards as of January 2012.


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    Central Bank: the rise of bank assets to more than 120 trillion dinars Empty The rise of bank assets to more than 120 trillion dinars

    Post by Rocky Mon 05 Aug 2019, 6:41 am

    The rise of bank assets to more than 120 trillion dinars
     August 05, 2019
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    The Central Bank of Iraq announces the increase of the assets of banks during 2018 by 10% compared to 2017 to exceed 120 trillion dinars equivalent to (100 billion dollars), indicating the increased confidence of depositors in banks, which reflects positively on the development of the performance of banks and its contribution to the development of the Iraqi economy . 
     
    The bank explains that its strategic actions have contributed to increasing confidence in the banking sector and improved financial coverage, which has been reflected in the growth rate and steadily increasing bank assets and deposits. Adding that this rise came from mutual trust between citizens and the banking system through the development of attracting cash deposits and commercial operations to banks more .
     
     The Bank has made accounting adjustments for the total assets of commercial banks in accordance with International Accounting Standards (IAS) as of January 2012.
     
    Central Bank of Iraq
    information Office
    5 August 2019
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