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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 confirms to the JPMorgan delegation that Iraq is proceeding with reform of the banking and

    Rocky
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    confirms - Al-Sudani confirms to the JPMorgan delegation that Iraq is proceeding with reform of the banking and Empty Al-Sudani confirms to the JPMorgan delegation that Iraq is proceeding with reform of the banking and

    Post by Rocky Wed 17 Jan 2024, 6:53 am

    [rtl]Al-Sudani confirms to the JPMorgan delegation that Iraq is proceeding with reform of the banking and financial sector[/rtl]

    Policy  ,  01/17/2024 17:42  Number of readings: 36 
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    [rtl]Baghdad - Iraq today:[/rtl]
    [rtl]Prime Minister Muhammad Shiaa Al-Sudani confirmed today, Wednesday, that Iraq is moving forward with financial and banking reform steps, in a way that will help develop this vital sector, while the regional CEO of JP Morgan Bank indicated that the bank is moving to open accounts for three private Iraqi banks.[/rtl]
    [rtl]Al-Sudani's office said in a statement, “Prime Minister Muhammad Shia' al-Sudani met in Davos with the regional CEO of JPMorgan for the Middle East and North Africa, Khaled Hoballah.”[/rtl]
    [rtl]He added, "The meeting witnessed a discussion of prospects for cooperation in the financial fields, opening accounts for Iraqi banks, as well as the possibility of the bank participating in the government's efforts to adopt electronic payment applications in Iraqi markets."[/rtl]
    [rtl]He continued, “Discussions took place in coordinating technical efforts between the Central Bank of Iraq and JP Morgan Bank in establishing ideas related to trading digital currencies for central banks.”[/rtl]
    [rtl]Al-Sudani pointed out, "Iraq's aspiration towards the bank's cooperation with the Iraq Fund for Development, and the financing it targets to finance private sector projects in Iraq," stressing, "Iraq is proceeding with financial and banking reform steps, in a way that helps develop this vital sector.”[/rtl]
    [rtl]For his part, Khaled Hoballah expressed “JPMorgan’s readiness to enhance cooperation with Iraq as a government and with the Central Bank of Iraq and the Iraqi banking sector,” stressing “the bank’s intention, as a first stage, to open accounts for three private Iraqi banks.”[/rtl]
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    [/rtl]
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