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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 criticizes defamation banking sector

    Rocky
    Rocky
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    Central Bank criticizes defamation banking sector Empty Central Bank criticizes defamation banking sector

    Post by Rocky Mon 29 Feb 2016, 5:41 am


    [size=32]Central Bank criticizes defamation banking sector



    [/size]

    2/29/16



    Nur News / Baghdad

    The governor of the Iraqi Central Bank on the Keywords on the importance of the role of the banking sector in supporting efforts for the success of the donors' conference for the reconstruction of areas affected by the terrorist Alamyat planned at the Jordan next April, criticizing the operations of defamation against the banking sector.

    Keywords and said in a statement, "Nur News" received a copy of it during the meeting of the Central Bank of Iraq headquarters in Baghdad, "we hope to be a wide participation of the sector in the national action to be an important point in his record holds all meanings benevolent."

    Keywords and he pointed out that "heavy load withholds him, but his family, so we expect the banking sector initiatives in this area, pointing out that we are up to date with preparations for the conference, both at the local level through the committee in charge of this mission, chaired by the President of the Reconstruction Fund, Dr. Abdul Basit Turki or through international organizations, noting that the conference is an opportunity that will contribute to creating a state of stability in our country, pointing out that we are in need in this particular circumstance. "

    Governor of the Central Bank predicted to be participating in the conference to be held the Dead Sea area on 16 and April 17 and wide. "

    On the other hand Keywords between the central bank and a clear position regarding the auction sell the currency, pointing out that he had held meetings with the Financial and Economic Committee in the House of Representatives and with other official bodies to clarify this issue. "

    Turning the central bank governor to the reasons for defamation and accusations faced by the banking sector in general campaign, especially regarding window sell the currency, saying that "at the forefront of these reasons, the absence of public banking culture on the work of banks and the nature of the functions of the central bank Mai_khas sell the dollar in particular." 

    He called on the governor of the central bank to take the media role in educating people the functions of the banking sector in general, adding that the response to the attack easy if it is made by specialists, because they understand easily and reality of the situation, while the issue is difficult when it comes to by others Aimitlkon culture of banking.

    Portfolios of private banks generally urged not to give a chance to attack it by closing loopholes and full compliance with the instructions of the Central Bank and Turkazaaly not be the sale Atarhdva for speculative process.

    He called Association of private banks that have this subject in the forefront of their concerns in this particular circumstances. 

    So called head of the Iraqi private banks association Wadih Handal to increase support for the central bank to the banking sector to be able to contribute to any national action, also stressed the support of private banks to the efforts of the central bank in Ataraltaaon and Tazizalthagh mutual between the two sides.


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