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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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    The Central Bank informs France of plans to restructure the banking sector

    Rocky
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    The Central Bank informs France of plans to restructure the banking sector Empty The Central Bank informs France of plans to restructure the banking sector

    Post by Rocky Fri 10 May 2024, 9:15 am

    [rtl]The Central Bank informs France of plans to restructure the banking sector[/rtl]

    Economy  ,  05/10/2024 10:21  Number of readings: 156 
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    [rtl]Baghdad - Iraq Today:

    The Central Bank of Iraq confirmed that the plan to restructure government banks will change the map of the banking sector and its reality in Iraq.

    A statement from the bank said, “The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, received the French Ambassador in Baghdad, Patrick Durel, and the meeting dealt with ways to strengthen banking relations between the two countries. The Governor gave 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 “The state of security stability achieved in Iraq remains.”

    The meeting also clarified "the plan to restructure government banks, which enjoys support and regular follow-up by the Prime Minister, indicating that this plan will change the map of the banking sector and its reality in Iraq."

    The Governor of the Central Bank also pointed to "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."

    For his part, 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.

    The ambassador explained that the 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 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.[/rtl]

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