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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


    Why did the Central Bank hesitate to implement the measures taken against Iraqi private banks?

    Rocky
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    Why did the Central Bank hesitate to implement the measures taken against Iraqi private banks? Empty Why did the Central Bank hesitate to implement the measures taken against Iraqi private banks?

    Post by Rocky Fri 27 Sep 2024, 7:00 am

    [size=35][size=35]Why did the Central Bank hesitate to implement the measures taken against Iraqi private banks?[/size]
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    economy

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    2024-09-27 | 06:24
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    [You must be registered and logged in to see this link.]News - Local,
    including liquidation and guardianship, where it was taken[You must be registered and logged in to see this link.] [You must be registered and logged in to see this link.]Decisions against a number of Iraqi private banks for violating banking instructions.


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    The source said in an interview with[You must be registered and logged in to see this link.]News, "Bank[You must be registered and logged in to see this link.]It was referred to forced liquidation, and the bank was placed under guardianship.[You must be registered and logged in to see this link.]Islamic and Middle East Bank[You must be registered and logged in to see this link.]For investment.


     
    The source pointed out that "the guardianship period of the bank has been extended."[You must be registered and logged in to see this link.]Until October 31st.
     
    The source said, "These decisions were delayed without knowing the reasons."
     
    Economists wondered "why the Central Bank was hesitant in issuing decisions on these banks, while I believe...[You must be registered and logged in to see this link.]Among them is that "political pressures from high authorities were exerted on the Central Bank with the aim of delaying the implementation of these decisions."
    They pointed out that "this indicates the presence of corrupt parties behind these banks that have failed in their work and violated the laws and regulations in force," stressing "the need to amend the context of the work of these banks, which, if their violations continue, will indicate negative indicators for the economy."[You must be registered and logged in to see this link.]Which the government seeks to reform through a package of measures.
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