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Neno's Place Established in 2006 as a Community of Reality


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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


    The progress of the development policies of the Institute held a seminar to discuss the future of th

    Rocky
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    • Post n°1

    The progress of the development policies of the Institute held a seminar to discuss the future of th Empty The progress of the development policies of the Institute held a seminar to discuss the future of th

    Post by Rocky Sun 17 Jul 2016, 7:37 am

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    2016/07/16 | 19:00

    (Encyclopedia of the Day News | [You must be registered and logged in to see this link.] ) - Private Economy News , The Institute of the progress of the policy development Saturday seminar entitled the future of the banking sector in Iraq and said the institute 's president MP Dr. Mehdi al - Hafez at the start of the seminar which was attended by a number of specialists and those interested in the financial, economic and banking affairs of in Iraq, the importance of the government banking and private Doralqtaa in the development of the Iraqi and Ttoiralaguetsad of what is owned by the material and human resources. for his part , reviewed the adviser to Prime Minister Dr. appearance of Mohammed Saleh history of thegovernment of the Iraqi banking sector and the regulations which currently operates under and the size of its capital relative to its assets, which does not represent only a proportion slim does not exceed two percent. Turning to the private banks , noting that capital ratio to assets which are almost identical, also praised the relationship between the government and private banks describing it Bgiralmnsjmh at the moment, adding that the 45 trillion Iraqi dinars out of 65 trillion are deposits government concentrated among bank Rafidain and Rasheed, noting that the capital ratio to invest in these banks is nearly 34, while the cash credit is up to 36 trillion dinars , nearly 0.29 trillion of which are deposited with the government banks, either as loans or investments , the government institutions, and 7 trillions of all the private banks . , acknowledging that the government banks enjoy sovereign liquidity because its activities rely on government institutions at 50-54 and the rest is excess liquidity. and Saleh that the Iraqi banking law separating commercial banking from those non - commercial , which is implemented on private banks only , without the government as the government banks do not comply with Law No. 94 of 2004 and operates a comprehensive Bachirvh. Salih stressed the need for good governance, good governance and theseparation of management from ownership and is an important issue for the sustainability of banks and development. for his part, head of the Iraqi business Council David Abdul Zayer to the importance of thereorganization of State - owned banks , which suffer from serious problems since dozens of years, noting that therecovery of capital and deposits has still Mtlkia therefore suggested that stopped work temporarily and re -organization and restructuring and the development of international control them to monitor Al_husapt and audit and organize work to bring him back to life Modern system and management of a new comprehensive and sophisticated banking system, he said , if we want to have a banking system discreet and vision good for the Iraqi economy and monetary policy, lending should be made ​​from the reserve of the bank, not from the funds ofdepositors, also stressed the need to Asaddarraldenaralaketrona by the bank Rafidain and Rasheed to achieve thejump of the Iraqi economy because the money the whole government and thus will control the money through Dinaralaketrona and the elimination of bribery favoritism and be the collection of one of the state under this system. As for Dr. Majid picture board member of the Iraqi Central Bank administration has stressed that therestructuring of State - owned banks on the table since 2005, and in 2008 received a report prepared by a foreign company regarding the Rivers State banks assess and rational operational and regulatory point of view , was whereby an integrated program by the World Bank and the Committee on the restructuring of State - owned banks began work done since Chehrmays 2009 restructuring of the operational, administrative, financial and regulatory aspects. He pointed out all studies completeness and prepare recommendations after two months of that date, and put an action plan for the restructuring, and coincided with the development of Law of government banks ,, but the restructuring has not materialized so far , and is waiting to see the light after approval by the committee supervising it. He said that the picture of the Iraqi Central Bank worked hard to restructure State - owned banks, but did not find the response from the Ministry of Finance. He stressed the need the existence of political consensus - an executive for discreet banking system and get rid of the problems and obstacles faced by the banking sector, which suffered by specialized government banks as well. he stressed that a comprehensive banking system is one of the main conditions for the development of the banking system, without it can not Attoralaguetsad, also can not privatize any Foundation without restructuring must therefore be restructuring and then privatization partly Ockelaa according to the requirements. He criticized Suri specialized banks because of their interaction with thecentral bank , which allocated 5 trillion dinars to support small and medium enterprises , noting that the decisions of these funds are making a disbursement aspects will lead to reduced contraction happening in government expenditures. M
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