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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


    Jordanian banker: Iraq has achieved many positive economic indicators

    Rocky
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    • Post n°1

    Jordanian banker: Iraq has achieved many positive economic indicators Empty Jordanian banker: Iraq has achieved many positive economic indicators

    Post by Rocky Tue 06 Aug 2019, 2:17 am

    Jordanian banker: Iraq has achieved many positive economic indicators

    The Chairman of the Board of Capital Bank of Jordan, who owns 62% of the capital of the Iraqi National Bank in the name of Khalil Al-Salem, said that Iraq has achieved several positive economic indicators, where the largest budget was approved in the history of the country, which is expected to have a positive impact on the development and growth of the economy And at various levels.
    He pointed to the positive effects of the prudent policy pursued by the Central Bank of Iraq, whether on the local economy or on the value of the Iraqi dinar, indicating that this policy has contributed to stimulate banks to switch to the practice of various banking activities to diversify sources of income and reduce dependence on foreign exchange activity.
    Al-Salem said in a press statement today that the ownership of Capital Bank about 62% of the capital of the National Bank puts the bank in a good position to take advantage of all these developments and investment, expressing the hope that these positive developments to start a new stage in which the Iraqi economy to regain momentum locally and regionally.
    With regard to the financial performance of the National Bank of Iraq, Al-Salem said that the Bank, thanks to its reliance on diversified banking activities, has continued to achieve positive operating results, which we expect to improve significantly over the next few years, which will contribute to the continued growth of the Bank's performance.
    He pointed out that the National Bank of Iraq has achieved growth in total income, which during the first half of this year reached 14 million dollars compared to about two million dollars for the same period last year 2019 and the credit facilities grew by 62% while the growth in the deposit portfolio was about 28% .
    Al-Salem said that the increase in the volume of trade allowed the Iraqi National Bank to open credits of 300 million dollars in the first half of the current year 2019 "results are unprecedented, stressing that the results of the work of the National Bank of Iraq had a significant impact on the performance of the Capital Group. /is over


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