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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


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    The Central Bank of Iraq begins implementing steps to reform the banking sector

    Rocky
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    The Central Bank of Iraq begins implementing steps to reform the banking sector Empty The Central Bank of Iraq begins implementing steps to reform the banking sector

    Post by Rocky Mon Oct 05, 2020 8:06 am

    The Central Bank of Iraq begins implementing steps to reform the banking sector
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    The Central Bank of Iraq announced, on Monday, the implementation of its first reform steps for the private banking sector .

    The Central Bank stated, in a statement today, October 5, 2020, that it “has started implementing its first reform steps for the banking sector, as it has finished classifying private commercial and Islamic banks operating in Iraq according to a set of international standards as well as a number of standards approved by this bank.” .

    "This step comes within the framework of enhancing confidence in the banking sector, improving the quality of services provided to the public, as well as enhancing competitiveness in the Iraqi banking sector," he added.

    The bank stressed that "it has previously asked banks that are lagging more than once to work on correcting their conditions and paying their customers' dues. Therefore, this classification will be an opportunity for those banks to prove their seriousness in achieving reform requirements and pay the dues of depositors and shareholders."

    He explained that "the next stage will include the process of (reforming government banks as well)," indicating that "the reform measures that have been adopted depend mainly on the Central Bank Law No. (56) of 2004 and the Iraqi Banking Law No. (94) of 2004 and the instructions and controls issued pursuant to them."
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    Stevethebrit
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    Post by Stevethebrit Mon Oct 05, 2020 8:26 am

    Will these reforms include...........you know what??

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    weslin3
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    Post by weslin3 Mon Oct 05, 2020 8:32 am

    Good question... scratch

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    Post by Diamond Mon Oct 05, 2020 8:45 am

    steve an wes its just banking reforms for investments, no, you know what yet  lol! lol!

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    Stevethebrit
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    Post by Stevethebrit Mon Oct 05, 2020 8:47 am

    Figured as much but allow me my daydreaming lol.

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    Post by weslin3 Mon Oct 05, 2020 9:43 am

    Diamond wrote:steve an wes its just banking reforms for investments, no, you know what yet  lol! lol!
    But this is needed before "you know what?" Right? lol!

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    Post by Diamond Mon Oct 05, 2020 3:12 pm

    Yep  lol! hi

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    Post by weslin3 Mon Oct 05, 2020 10:25 pm

    bounce bounce

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