07.04.2013
Company resumed global smart card to card issuing cards after a hiatus of two months, due to the technical modernization.
The Executive Director of the company Thaer Awad, said in a statement today that “the company embarked on Sunday to issue the cards after being stopped for two months because of the modernization process,” he said, adding, “it was the transition from the first to the second generation. ” (more…)
26 February 2013 12:13 GMT
Alsumaria News / Baghdad announced global smart card, Tuesday announced the launch of its services to the second generation of card holders the “Ki Card” in Iraq, while indicated that they will in the coming months to activate the roaming service for the smart card to be used outside the country, as well as service and mobile Internet. (more…)
Date: 2012-10-17 13: 46: 10 Wednesday
Baghdad (newsletter) … Commended the Executive Director for the Association of private banks Abdul Aziz Hassoun, the Central Bank’s decision to increase capital to private banks (250) billion dinars of bank activity is determined by the presence of large capital, noting that bank capital increase is necessary in order to have an effective contribution to the development of the national economy. (more…)
Date: 2012-08-26 11: 50: 26 Sunday
Baghdad (News) … The Executive Director of the Association of private banks, Abdel Aziz goldfinch from private banks central bank providing data specific to the activities of their clients to the tax authority to pay their tax fees.
He said goldfinch (News Agency news) on Sunday: that the process is not to provide complete information to detect accounts for the audience as envisaged by some private banks, but the Central Bank depositors at banks asked to have them recorded number in tax authority for the Bank to provide specific data on the activities of the customers to know what proportion of the tax owed. (more…)
23/06/2012 03:36
BAGHDAD / Center Brief for the Iraqi Media Network – Securities Commission announced it had begun preparing for the signing of a Memorandum of Understanding with Romania for the development of the stock market. (more…)
21/05/2012 08:14
BAGHDAD / center news for the Iraqi Media Network – Authority confirmed Iraq Stock Exchange that the deletion of zeros from the local currency hurt at the current stage the level of stock trading in the Iraqi market for securities. (more…)
Resumption of trading sessions in the Iraqi market for securities
On: Tue 03/01/2012 7:15
The executive director of the Iraqi market for securities Taha Ahmed Abdul Salam, said the trading sessions in the market will resume from Tuesday night after a hiatus of more than ten days.
He added, according to Abdel-Salam, “news agency Uzmatk” The circulation has been the participation of 85 companies included in the regular trading sessions in the market, representing trades for investors realized the Iraqis and non-Iraqis. (more…)
Private banks demanding equal application of the decisions of the banks, government
Called on the Iraqi private banks to adopt as a competitor for the banks that the government of Iraq is now going through the open horizon of the private sector.
The economists emphasized that the role of the central bank supports those banks, they look at it as a restriction to limit its role. The economist said Dr. Issam Mahouelle’s (citizen) that the banks now is to deposit funds with the central bank and obtain the benefits of this process.
He explained that the role of banks in general is doing real banking operations of the granting of loans and advances granted various credit facilities for traders and investors, because of the economic benefit achieved for the country. (more…)
Called on the Iraqi market for securities of all companies non-contribution, and that number (20) company to contribute to make a request in the stock market under the criteria for inclusion, noting that the market follows a mechanism to mobile phone companies for the purpose of conversion into joint stock companies.
27/08/2011
Not affected by the global crisis a global index of success
BAGHDAD – Yasser Mutawalli
With banks demanding Islamic law regulating the issuance of its Association of Iraqi private banks confirmed that part of the CBE instructions No. (6) adequate and compensate for the law on the conduct of activities targeted by Islamic banks.
Ten Islamic banks operating in Iraq and did not issue a law regulating its introduction to this interview we conducted with academic and banking expert approved Shammari, pointing out that the total assets of these banks up to 800 billion dinars and the Executive Director of the Association of Iraqi private banks Abdul Aziz Hassoun.
Positive implications for banks to link the Iraq Stock Exchange electronically
Invited the Executive Director of the Iraqi market for securities, Taha Ahmed Abdul Salam, to link the work of government and private banks with each other electronically, said Abdul Salam: The market needs to enter the electronic clearing in the work of government and private banks because of their positive effects on the movement of shares in the Iraqi market for securities Finance.
He added, was to include 19 private banks in the form of a joint stock company listed on the market is trading shares by the shareholders at the meetings market daily, referring to the deposit recorded in the center of the Iraqi Stock Exchange like any other.
Announced that the Iraqi market for securities, Saturday, that the banking sector is the most heavily traded issue, with the hotel sector is attracting the top price of shares traded.
The executive director of the Iraqi market for securities, Taha Ahmed Abdul Salam said in an interview for “Alsumaria News”, “The seven sectors are traded in the market for securities Iraq by Iraqi investors and foreigners,” adding that “the banking sector is the most heavily traded stock, followed by industrial, hotel and tourism, “noting that” the hotel sector is attracting the top price of the shares that are traded. “
Board of Executive Directors at the IMF advised to raise the prices of exchange and the increase in foreign reserve
Council discussed the Executive Directors of the Fund International Monetary ways to reduce the volatility of capital flows across borders, and enhance their role in supporting economic growth and stability and the protection of the financial system, but differing views and attitudes of the case without reaching an agreement that allows change the terms of agreement Bretton Woods, who founded the IMF and World Bank international law, including allowing the establishment of an international legal framework to address the issues associated with the movement of so-called hot money capital.
Did not disclose the Board of Directors unveiled the nature of the differences, but only the reference in the statement that some managers indicated a willingness to discuss the amendment of the Agreement Constitution, while I felt the majority was that it was premature to begin discussions on the issue, before subjecting capital flows for further analysis, and study the practical experiences Member States.
