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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

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    Economist: measures the central bank boosted the prestige of the banking sector

    Rocky
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    Economist: measures the central bank boosted the prestige of the banking sector Empty Economist: measures the central bank boosted the prestige of the banking sector

    Post by Rocky Tue 26 Aug 2014, 12:34 pm

    Economist: measures the central bank boosted the prestige of the banking sector



    08/26/20140 



    He said economic expert Fares al-Rubaie, said the central bank adopted measures boosted the prestige of the private banking sector, for its role in maintaining the capital of depositors and investors. He pointed out that the most prominent al-Rubaie, the steps adopted by the central break the monopoly of the dollar remittances to buy, by giving greater opportunity for private banks and money transfer companies and banking companies to participate in the auction currency. The tightening of control over the auction sale of the currency (dollar) and remittances is positive, especially that accompanied the mechanism did not disrupt the flow of the sale and availability of hard currency in the local markets, indicating the importance of initiating Central to make the members of the boards of directors of private banks are law-abiding, especially those who were Ikhrkonh ignorance , pointing out that this measure is a calendar for work the private banking sector. He pointed out that the central support various legal ways to keep the money of depositors and shareholders, indicating the presence of high cadres of expertise working on the follow-up mechanisms to keep the money in spite of the many variables facing their work, and so we can say that the spirit of the law applied in these procedures. He noted that despite the inter measures adopted by the central to his work, but he has not lived up to the level of ambition, stressing the importance of that going efforts of the Central Botaúr mounting, through human capacity building fortified and the development of units and structures in line with the newness and the evolution of the crimes banking and corporate law (banking companies to contribute).
    Rubaie called to reconsider the legislation governing the legal private banking business, especially as the capital of private banks exceeded the barrier of 300 billion dinars, as well as the expansion of local banks to prepare and enter the regional branches of banks and Dolah.anthy 

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