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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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    A member of the Finance Committee: the importance of the formation of a supreme body to regulate and

    Rocky
    Rocky
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    Join date : 2012-12-21

    A member of the Finance Committee: the importance of the formation of a supreme body to regulate and Empty A member of the Finance Committee: the importance of the formation of a supreme body to regulate and

    Post by Rocky Tue Mar 12, 2013 6:16 am

    A member of the Finance Committee: the importance of the formation of a supreme body to regulate and control the work of the country's banks



    Date: 03/12/2013 08:20:27 Tuesday


    Baghdad (news) .. Suggested a member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, the establishment of an independent supreme body shall organize and control the work of local banks two branches of public and private, to support and develop their work.
    Bayati said (of the Agency news): The Central Bank of Iraq bears the burden of a large work by maintaining the stability of the national currency and sell foreign currency in the auction and the control of the local market, as well as the regulation and control of the banking sector.

    He added: that the banking sector large and has been important in the promotion and development of development in all countries of the world, they must take care of it through the formation of a special body care work under the name of "a supreme body to regulate and monitor the work of banks," as is the case in most developed countries and civilized.

    He explained: that her work includes issuing regulations, instructions and monitoring of banking operations and financial transfers within and outside the country to be able to develop the Iraqi banking sector and bring it up to date with developments in the world in the field of banks.

    It is noted that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed according to ownership between (7) state banks and (30) Bank Ahli including (7) Islamic banks in addition to (6) of foreign banks. / End / 8. N . p /

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