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Neno's Place Established in 2006 as a Community of Reality


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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


    More than 90 billion dinars in fines from the Iraqi Central Bank on banks and exchange companies

    Rocky
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    More than 90 billion dinars in fines from the Iraqi Central Bank on banks and exchange companies Empty More than 90 billion dinars in fines from the Iraqi Central Bank on banks and exchange companies

    Post by Rocky Thu Sep 28, 2023 2:47 pm

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    [size=52]More than 90 billion dinars in fines from the Iraqi Central Bank on banks and exchange companies[/size]

    [size=45]The Central Bank of Iraq announced that the fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 90 billion Iraqi dinars during the past eight months.[/size]
    [size=45]A table of the bank showed that the fines imposed on banks and financial companies during the past eight months, starting from January and until the month of August, amounted to 94 billion, 423 million, 879 thousand and 901 dinars, indicating that “the fines also included 336 administrative penalties for these banks and non-banking institutions, distributed as follows: Between warning, warning, and grace period.”[/size]
    [size=45]The table showed that “the month of April witnessed the highest fines for banks and non-financial institutions, as these fines amounted to 17 billion, 440 million, 383 thousand and 447 dinars, with administrative penalties amounting to 17 penalties, while the month of June witnessed the lowest fines, as they amounted to 8 billion, 353 million, 387 thousand and 476 dinars.” dinars with administrative penalties amounting to 50 penalties.”[/size]
    [size=45]The table did not show the names of the banks on which fines and administrative penalties were imposed.[/size]
    [size=45]The Association of Investors in the Iraqi Stock Exchange had criticized, in early June, the Central Bank of Iraq's increase in fines on banks, noting that it would affect the profitability of investors in the shares of these banks.[/size]
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