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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


    North Bank in Sulaymaniyah acknowledges increase its capital to 300 billion dina

    Rocky
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    North Bank in Sulaymaniyah acknowledges increase its capital to 300 billion dina Empty North Bank in Sulaymaniyah acknowledges increase its capital to 300 billion dina

    Post by Rocky Sun 29 Jun 2014, 5:01 pm

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    Economy 06/29/2014 -


    General Authority approved the North Bank for Finance and Investment to increase the bank's capital from 265 billion to 300 billion dinars from the accumulated surplus for the year ended 2013, an amount of 35 billion dinars, which will strengthen the bank's position in the banking arena and contribute to the implementation of programs to grow.

    The Chairman of the Board of Directors Nawzad David Fattah, dry in a speech during the General Assembly meeting of the bank held in Sulaimaniyah that the bank and his administration and its employees "have achieved excellent results in comparison with previous years, despite the exceptional circumstances which are still plaguing the Iraqi economy in particular, and that is reflected in turn on banking activity" , noting that the "net distributable profits for the year amounted to 2013.35 billion and 381 million dinars dinars, while the banking operations contributed accomplished by the bank in achieving high banking privileges have an active role in reviving and helping to raise the level of activity of the whole bank."

    He opener dry thanked the bank and appreciation "to the CBI for his cooperation and his continued support for the banking sector in all the difficult conditions experienced by the country, as well as the Department of Registrar of Companies and the Securities Commission and the Iraqi market for securities for their eagerness to manage the capital market carefully, as well as agencies and departments concerned other in addition to the shareholders and customers of the bank who were given the bank confidence high and was the catalyst for the bank to develop its activity continuously. "

    Have taken place during the meeting, which was attended by delegates of the Iraqi Central Bank and the Department of Registrar of Companies to discuss and approve the agenda, which included the report of the Board of Directors on the activities of the bank during the financial year 2013, and to listen to the report of the auditor and the Audit Committee for the year 2013, as well as discuss the final accounts in 2013 and ratified, It also discussed the future prospects of the bank's activities and how to activate the performance and proposals that serve his career. "

    For their part, expressed the shareholders who attended the meeting expressed their appreciation for the efforts made by the Board of Directors of the bank and Mlakath executive role and keenness to implement the programs of the bank development, especially in terms of the expansion of the branch network of the Interior and the development of the electronic system used by units operating in the bank through its branches in different provinces which reflected on improving the efficiency of performance.

     

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