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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


    Private banks want "national economic leadership" and to defend the rights of depositors and shareho

    Rocky
    Rocky
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    Posts : 269868
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    • Post n°1

    Private banks want "national economic leadership" and to defend the rights of depositors and shareho Empty Private banks want "national economic leadership" and to defend the rights of depositors and shareho

    Post by Rocky Sat 09 Aug 2014, 4:45 am

    Private banks want "national economic leadership" and to defend the rights of depositors and shareholders, calls for support


    2014-08-06 18: 55





    Range press/Baghdad

    The new governing body confirmed the Association of private banks, on Wednesday, to allow the private banks to lead the national economic profile in ways modern and sophisticated, closer relations with the financial and economic market to strengthen their capacity to implement various investment projects, while financial expert called the Association for the defence of the rights of depositors and shareholders and ensure the transparency of the deal and "equal" relationship with the Central Bank, demanding financial support the Association.

    Board Member, said Abdul Aziz hasoon, told the (long press), the Association has drawn up a plan to return the structure to its work to support the banking sector and the related global developments, "he said, adding that" the plan required elections to pump new blood can make it. "

    The goldfinch, that "members of the Association of banks were elected Tuesday, (5 August 2014 current), the new administrative body which includes the President and won the post of Ashur, which is supposed to appoint its Chairman, bitter melon, head custodian for the Association, the Union Bank, Vice President, Investment Bank, the Financial Secretary", "the six executives of several banks were elected as members of the governing body".

    He is a member of the governing body of the Association of private banks, "the functions of the new body in the interest of the private banking sector and enable it to lead the country's economic profile with modern and advanced methods, as well as the strengthening of the role of the banking system to link Association of national financial and economic market to enable it to support the implementation of a number of investment projects in various fields."

    The financial expert said Bassem Jamil Antoine, told the (range,), the "long passed the first elections of the Association of private Iraqi banks, the born was an urgent need for renovation and development to keep pace with the developments that have taken place in the country", adding that "ASEAN members have faced before the elections is problematic on the nature of the Presidency and whether the person or Bank."

    Antoine said, "the members of the Association have agreed after extensive discussion the head Bank and not the particular person, the benefits of which can replace the President in case of failure, a variant of the same bank was nominated him" and saw that the Association should take it upon themselves to defend the rights of depositors and shareholders, not just bankers and emphasize transparent dealing, prevent any corruption or fraud to the depositors and the private banks themselves. "

    Financial expert, called the new body of the Association, that maintains strong relations with the Central Bank of Iraq, not as a master-slave, but based on parity ", explaining that" the Association criticize errors and diagnose and seek to address them both in private banks or Central Bank, to support the Iraqi economy and certain persons. "

    Antoine, demanded that "the financial support of the Association and be seduced by them does not make them a critic who is looking for errors only".

    The Iraqi banking system consists of 43 banks, as well as the Central Bank, are divided by seven governmental property, 30 private, including seven Islamist, as well as six foreign banks.

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