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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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    Chaired by Al-Sudani... a meeting to reform the Rafidain Bank and an international company promises

    Rocky
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    Chaired by Al-Sudani... a meeting to reform the Rafidain Bank and an international company promises Empty Chaired by Al-Sudani... a meeting to reform the Rafidain Bank and an international company promises

    Post by Rocky Mon 27 Nov 2023, 6:50 am

    Chaired by Al-Sudani... a meeting to reform the Rafidain Bank and an international company promises to implement it in 8 months
    • Time: 11/27/2023 13:47:03
       
    • Read: 1,118 times

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    {Economic: Al-Furat News} Prime Minister Muhammad Shiaa Al-Sudani chaired a meeting on the comprehensive reform plan for the banking sector in Iraq, this Monday morning, which included representatives of the international company (Ernst & Young), which specializes in auditing and financial consulting, in the presence of the Minister of Finance, the Governor of the Central Bank and the Director General. Rafidain Bank, and advisors to the Prime Minister.
    The meeting discussed, according to a statement from the Prime Minister’s Office, a copy of which {Al-Furat News} received, “the plan prepared for banking reform, starting with government banks, which represent 80% of the banking sector in Iraq, and the implementation of the plan to develop Rafidain Bank will begin as a first stage, within a studied reform process, which falls within... Comprehensive economic reforms constituted a priority for the government in its executive program.”
    The global company Ernst & Young presented its vision and the axes of the plan it developed to reform the Rafidain Bank, which requires eight months to be implemented, and includes a comprehensive review and evaluation of the bank’s work, and the implementation of structural administrative reforms, which include providing a package of integrated banking services to citizens and companies, in a way that contributes to... “Achieving a bank capable of meeting the requirements of the global banking situation. The reforms will also include the adoption of advanced electronic programs and modern technology in all banking transactions, the optimal use of human and technical resources, and the transition to automated work.”
    The Prime Minister directed "the formation of a team to follow up on the process of implementing reforms with the company, with specific time frames. He also directed that periodic meetings be held to follow up on the progress achieved in a sequential manner."
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