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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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The Central Bank: New cooperation between Iraqi and international banks

rocky
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The Central Bank: New cooperation between Iraqi and international banks Empty The Central Bank: New cooperation between Iraqi and international banks

Post by rocky Tue 04 Oct 2022, 7:24 am

[size=30]The Central Bank: New cooperation between Iraqi and international banks
[ltr]2022.10.04 - 12:07[/ltr]
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Baghdad - people   
The Governor of the Central Bank, Mustafa Mokhif, announced receiving requests from international banks to open prospects for cooperation with Iraqi banks, which have a credit rating from accredited rating agencies.  
  
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Makheif said during a press interview, followed by "Nass" (October 4, 2022), that "work is currently underway with a number of sober international banks to prepare the ground for the crisis for banking cooperation with Iraqi banks with outstanding performance and a credit rating from accredited rating agencies."  
  
He added, "The requirements and proposals on this subject, which were submitted by some international banks, are currently being studied for the purpose of opening accounts for Iraqi banks and opening new horizons for international cooperation."  
  
He pointed out that "a decision was issued by the Board of Directors of the Central Bank to grant the Iraqi Deposit Insurance Company, the final license, with a capital of 100 billion dinars, to practice the work of guaranteeing deposits, taking into account the Central Bank of Iraq Law No. 56 of 2004, Banking Law No. 94 of 2004 and the amended Companies Law No. 21 For the year 1997, to be subject to the control and supervision of this bank, and the members of the company’s board of directors were selected and the authorized manager was appointed, the company’s site was chosen to complete the procedures and start doing its business.  
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