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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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    Central Bank Governor to the French Ambassador: The plan to restructure government banks will change

    Rocky
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    Central Bank Governor to the French Ambassador: The plan to restructure government banks will change Empty Central Bank Governor to the French Ambassador: The plan to restructure government banks will change

    Post by Rocky Fri 10 May 2024, 4:48 am

    Central Bank Governor to the French Ambassador: The plan to restructure government banks will change the map of the banking sector

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    Economy News - Baghdad
    The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, said on Thursday that the plan to restructure government banks will change the map of the banking sector in Iraq.

    The media office of the Central Bank said in a statement received by Al-Iqtisad News, “The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, received His Excellency the French Ambassador in Baghdad, Mr. Patrick Durel.”

    He added, "The meeting discussed ways to strengthen banking relations between the two countries," noting that Al-Alaq "provided a comprehensive explanation of the relations and economic conditions, as well as the government's directions in consolidating the foundations of the national economy and diversifying it in light of the state of security stability achieved in Iraq."

    The statement quoted Al-Alaq as saying, “The plan to restructure government banks is supported and monitored regularly by the Prime Minister,” noting that “this plan will change the map of the banking sector and its reality in Iraq.” 

    The statement continued, "The rapid developments in organizing, monitoring and analyzing foreign transfer operations and covering foreign trade in accordance with best international practices and standards, which are receiving great praise and attention from international and regional organizations." 

    He stressed that "the French ambassador expressed satisfaction with the developmental and economic developments he observed in Iraq, especially during his tour of the provinces," expressing "his country's readiness to strengthen and develop banking relations with Iraq," explaining that "economic relations between the two countries are growing at the level of entry of French companies and the use of their expertise." In investment projects.
     
    The French ambassador, in a statement, invited the Governor of the Central Bank of Iraq, after making the necessary arrangements, to visit the financial and banking institutions in France, especially the Central Bank of France.

    It is noteworthy that the Central Bank of Iraq owns deposits and accounts with the Central Bank of France, and they have had distinguished cooperation relations over many years.


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