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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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    Al-Sudani directs institutions to abide by the Central Bank Law and the Association of Banking Compa

    Rocky
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    • Post n°1

    Al-Sudani directs institutions to abide by the Central Bank Law and the Association of Banking Compa Empty Al-Sudani directs institutions to abide by the Central Bank Law and the Association of Banking Compa

    Post by Rocky Thu 03 Aug 2023, 6:48 am

    Al-Sudani directs institutions to abide by the Central Bank Law and the Association of Banking Companies
    • Time: 08/03/2023 13:06:17
       
    • Read: 494 times

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    {Politics: Al-Furat News} Today, Thursday, the Prime Minister, Muhammad Shia Al-Sudani, directed to adhere to work in accordance with what was stated in the Central Bank of Iraq law.
    A statement by his media office, received by {Euphrates News}, stated: "In confirmation of the government's approach to continuing reform of the financial and banking sector, and to complement the efforts made by the regulatory agencies and financial institutions concerned with controlling transparency and integrity in this vital sector, Prime Minister Muhammad Shia'a al-Sudani directed the institutions All concerned, to adhere to work in accordance with what was stated in the Central Bank of Iraq Law No. 56 of 2004, which indicated that the Central Bank of Iraq is the only authority that has the authority to take all measures to regulate and monitor the work of banks and non-banking financial institutions to ensure their compliance.
    He added, "The Association of Exchange Companies took the initiative to pledge to work seven days a week to sell foreign currency to citizens at the official approved rate, according to the regulations and instructions of the Central Bank."
    And the statement continued, “In order to follow up the work of companies and banks, it was decided to form a permanent committee that includes representatives of the Central Bank, the Prime Minister’s Office, and the Association of Exchange Companies, to address the obstacles in the work of this sector.”
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