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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


    “A heavy object obstructs everything.” An expert launches a violent attack on “Al-Rafidain and Al-Ra

    Rocky
    Rocky
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    Posts : 281327
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    • Post n°1

    “A heavy object obstructs everything.” An expert launches a violent attack on “Al-Rafidain and Al-Ra Empty “A heavy object obstructs everything.” An expert launches a violent attack on “Al-Rafidain and Al-Ra

    Post by Rocky Tue 31 Oct 2023, 3:03 pm

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    Where has the restructuring reached?
    “A heavy object obstructs everything.” An expert launches a violent attack on “Al-Rafidain and Al-Rasheed” banks.


     21:57

    964

    Financial expert and academic Dr. Mahmoud Dagher confirmed on Tuesday that reforming the financial situation in the country is difficult with the presence of a “heavy body” in which most of the state’s salaries are deposited, which is Al-Rashid Bank and Al-Rafidain Bank, despite the long history of these institutions.
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    The Central Bank settles dollar deposits: The era of “dollarization” has ended in Iraq


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    Dagher in an interview with journalist Muhammad Qais, followed by Network 964 :

    90% of the money on the street comes from salaries, and it is strange that it is settled in two banks (Al-Rashid and Al-Rafidain), as they do not have a banking system, nor do they have “Core Bank”, and therefore they brought in payment companies, and the customers’ affairs became in their hands, as the bank does not even have a withdrawal device. Cash (ATM).
    More than 90% of employees deal with these two banks.
    They are two long-standing banks, but today we are in a position that requires action. The restructuring process has been ongoing since 2006 and they have formed many committees, but they understood that this process is to support and preserve these two banks, and in my opinion we must change the formula of the working relationships within them.
    In my opinion, the Iraqi banking system cannot be changed with the presence of these two large, heavy bodies, despite their heritage.
    If we want to improve our work with the two banks, we must move them away from the centralization of the Ministry of Finance, as all decisions are not in the hands of their boards of directors, but rather under the control of the Ministry of Finance.
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    [color:29fd=rgba(0, 0, 0, 0)]An expert explains the “mystery of the high dollar” despite the rise in central bank sales.. America’s “veto” is still workin
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