Posts Tagged ‘List of banks in Iraq’

20 Dec 2013
Iraqi parliament has authorized the establishment of an institute for financial and banking training to develop the skills of government banking sector employees and bring them up to date with the latest electronic systems and technologies.

On December 10th, the decision was announced, complementing the other training steps that would be taken by the ministry of Finance, stated by the parliamentary financial committee member Abdul Hussein al-Yasseri. (more…)

11-12-2013 08:19 AM
Baghdad (newsletter). Commission on the economy and investment, the importance of global banks to open branches in Iraq to create a competitive atmosphere among local and foreign banks to provide better banking services.

The Rapporteur of the Committee, said MP/Kurdish Alliance/mahma Khalil (News Agency): the Iraqi banking sector is still lagging behind developments in global banks, therefore bringing global banks discreet to open branches in Iraq will work primarily to broadcast culture and identify the most important technologies involved in banking, which will spur local banks to develop their work. (more…)

04/12/2013 14:12:00
Baghdad/ NINA /–The governor by interim of the Central Bank of Iraq Abdel Basset Turki discussed with Italian Ambassador Massimo Maruti the fields of economic cooperation and aspects of banking business development.

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On December 4, 2013

Amman: Iraq News Network – to coincide with the entry of the United Bank for Investment twentieth year in the Financial Action Task Force and the banking and the culmination of his activities and his outstanding efforts in establishing the rules of transparency pursued by the performance and mutations great achievements in the development of his work and its potential and intention sincere in contributing to the support and financing of economic development in all sectors (more…)

Economists: the need to issue coins for small groups

PM: 12:20:02 / 12/2013

Suffering of the Iraqi street of the scarcity of the currency of a small category (250, 500 and 1000) dinars, and found it undamaged and Mthtrh, and became citizens upset of used and especially the owners of taxis and commercial markets, but they accepted the deal out to preserve the continuation of their work flow. (more…)

02/12/2013 15:37

Banks entered the global and Arabic, despite the circumstances to the Iraqi market to invest and operate Pkuadrha local, Arab and foreign, as it was unable to security incidents experienced by the country of suspended life, but escalated the opening of these banks, whether in Baghdad or the provinces, which led to a boom in economic activity and easy movement capital to invest. (more…)

Screen Shot 2013-11-29 at 3.42.07 PMMaliki: Open Branch President for Standard Chartered Bank in Baghdad message that Iraq is not isolated from the world

Prime Minister Nuri al-Maliki opened the branch president for Standard Chartered Bank in Baghdad, “a message that Iraq is not isolated from the world.”

He said in a speech during the opening of the branch “We stand today in front of a turning point in the economic field through the entry of international banks in Iraq, and we have a desire to advance the process of construction and reconstruction that require banking operations successful.” (more…)

28-11-2013 04:37 PM
Baghdad (news) .. Search first deputy chairman of the Iraqi Parliament Qusay al-Suhail with a delegation from the World Bank, headed by the Regional Director of the World Bank Fred Belhadj, the development of human capacity and Iraqi banking systems in place in the country, as well as future plans for the institutions of the World Bank in Iraq. (more…)

27/11/2013 – 18:38

stressed the Iraqi Central Bank, on Wednesday, the need to open all the foreign banks branches in Baghdad first, calling Bank Standard Jartrd British to be done qualitatively different from the rest of the foreign banks, as he emphasized the need for Iraq to change the mechanisms of action of banking it. (more…)

27/11/2013 16:28

Iraqi Central Bank announced Wednesday, it will allow companies to broker the sale and purchase of foreign currency to enter the daily currency auction.

The relationship manager in the bank in favor of Mahood’s “Tomorrow’s Press,” said that “companies to broker the sale and purchase of foreign currency would be allowed to enter the daily currency auction through any bank operating in Iraq,” adding that “such a decision that opens up a large and important for domestic banks on the one hand and corporate financial intermediation on the other hand the freedom of action. ” (more…)

11/12/2013 12:00 AM

Baghdad, Sabah Ahmed Abed Rabbo
, the Ministry of Finance to adopt labor-mail in government banks instead of the manual in collaboration with the World Bank within the project of restructuring the banks, while stressing the Land Bank that this process needs to control and audit electronic severe to prevent money laundering.

Said Deputy Finance Minister Fadhil Abdul-Nabi statement (morning) that the ministry is currently working on the adoption of the electronic system in the banking business, rather than manual in collaboration with the World Bank, within the project of restructuring the banks, adding that the system would connect Iraqi banks universality electronically. (more…)

Confirmed a member of the Economic Committee MP / coalition in Iraq / Nora Bijari, that the spread of the culture of dealing with money-mail rather than cash contribute significantly to improving the system of payments and strengthen it.

said Bijari (of the Agency news): The activation of the payment system by ironing card and the balance of Mobile maintains liquidity in the bank accounts and reduced cost transportation and protection money from one place to another. (more…)

Mana: private banks move to amend their laws restricting

11/09/2013 12:00 AM

He stressed that Iraq would emerge from Chapter VII chance her

called the director of the International Centre for Consulting and studies to the need to reconsider, revise and amend the law on banks, leading to the liberation from the constraints in order to be launched towards the strengthening of the capacity of the national economy and rise to the level of performance and giving banks developed in the world. (more…)

07-11-2013 04:50 AM
Baghdad (news) .. Download a member of the Finance Committee MP / coalition of Kurdish blocs / Dler Qadir, the Iraqi parliament responsibility for failure of the banking sector, not being able to enactment of the necessary local banks to develop their work.

said is capable (of the Agency news): The CBI does not assume responsibility back winning the work of the banking sector, because it’s obligations and busy now how to develop and support the monetary policy in the country, especially the sale of hard currency and the stability of the Iraqi dinar. (more…)

Shukri looking with the World Bank stages of completion of project restructuring of State-owned banks.
07/11/2013 16:22:00
BAGHDAD / Nina /– Finance Minister Ali Yousef Shukri by interim discussed with a representative of the World Bank the mechanisms and controls the restructuring of State-owned banks in Iraq. (more…)

On November 5, 2013 in the economic

BAGHDAD / News Network Iraq – Expect representative of Iraqi banks in the Economic Committee of the Council of Ministers, chairman of the North Bank for Finance and Investment Nawzad David Dry, Iraq to be during the next few years, market banking with new trends in economic activity, leads the private banking sector role centrally complies with the features of a strategic sector for the future. (more…)

Expert: application of the Basel standards rise the performance of the Iraqi banks

11/04/2013 12:00 AM

Baghdad – Mostafa Hashemi
counting expert bank standards Basel banking in Iraq from the good things that drive to achieve stability through the creation of fair competition between government and private banks through the services provided by these banks to citizens.

And said banking expert Samir النصيري to apply the terms of the Basel in Iraq between the central bank and other banks would improve the performance of banks, indicating the importance of the application of Basel standards across the follow-up developments taking place on the subject of Basel standards (2 and 3) in order to prepare for its implementation and adoption of international standards with regard to capital adequacy rate and liquidity ratio. (more…)

Re-coin claims of financial dealings

27-10-2013

It is rare to find in a purse citizens shoppers and commuters in taxis coin sound monetary, are often torn or Mthrih for frequent use and exposure to different climates of heat and cold and frequent trading, the important thing of all, they have become a source of concern to them, as frequented a lot of sellers and owners of cars fare in receipt of such money after that became old, was pasted the Ripper them under the pretext of the difficulty of dealing with, suffering of many daily obsolescence paper currency and fears of fraud that have occurred in them, and the lack of action by the authorities concerned, they need to be reconsidered in grandfather to fit with the reality in which they live citizen. (more…)

24-10-2013 10:30 AM

Baghdad (news) .. Financial expert attributed Ahmed ابريهي, the cause of the scarcity of small-class currency in the Iraqi market, to the unwillingness of banks to deal and do not receive from the central bank.

He said ابريهي (of the Agency news): that most banks do not receive a paper currency with a small class (250, 500 and 1000) dinars, the central bank and to go ahead deal out, Maady to scarcity in the Iraqi market. (more…)

Movement of funds to “Alگoana” banks lack modern techniques

26/10/2013

Despite the rapid development in the world of banking, and the recovery of the movement of money in the countries of the world through modern technology, employing the Internet, is still Iraqi banks adopt traditional systems of old, and uses most of its personnel manual methods widely used for the completion of banking services, causing delay completion of course and increase the opportunities for corruption financial and administrative. (more…)

October 24, 2013
Economist calls for Iraqi banks to deal with small class currency to satisfy the need of the market
BAGHDAD – ((eighth day))

Economic expert called Ahmed, today, Iraqi banks to deal in the same category currency from the central bank to satisfy the need of the market, stressing the need to receive large numbers of the central bank and put it on the market. (more…)

Smart answer: open branches of Iraqi banks abroad will boost the economy and investment

21-10-2013 12:50 PM
Baghdad (newsletter). She is a member of the Finance Committee, a Deputy from the Kurdistan Alliance//smart Najeeb, Iraqi banks to open branches in the world, saying that such a step would open the field of investment and banking transactions in other States.

Najib said (News Agency): the Iraqi banking system continued to improve, and that opening of branches of banks in foreign countries will serve the sector and expanding investment opportunities, inviting private banks to open branches to support and strengthen its supplier. (more…)

10/19/2013

Called on the Finance Committee in the House of Representatives, the Iraqi banks to activate some modern banking services, such as the settlement of financial transactions through mobile phones, or credit cards, so as to reduce the handling of paper currency. (more…)

Reports

08-10-2013 10:07 AM

Despite the appeal to some members of the Finance Committee and parliamentary bodies the country’s economic isolation of the banking sector by the Central Bank through the enactment of a special allow the establishment of a supreme body an independent banking sector in the country, so that the central bank full-time work to support and stabilize the exchange rate of the dinar against the dollar, but that the number of bankers have expressed their rejection of this proposal and calling it harmful to the banking sector and market activity, he would lose control over the work of banks and makes it run as you like without the presence of sergeant or Haseeb. and confirmed their talk (of the Agency news) that the body which will be subject to محاصصات partisan and sectarian and will be managed by the people, not professionals which ستربك work of banks and make the economy is moving towards the unknown. (more…)

08-10-2013 10:01 AM

Baghdad (newsletter). He called the economy and Investment Committee member MP/Abdul Al-Abbas sheyaa, the Central Bank to speed up the implementation of the project of linking the local banks with a unified communications network to facilitate financial transactions and to create environment for investment and development in the country.

Said sheyaa (News Agency): the planned Central Bank and link the local banks with a unified communications network operated by the international company will contribute to the development of the banking system. (more…)

Rating Banking Conference

10/02/2013 12:00 AM

Yasser incumbent
government approved that the banking sector is the mainstay wheel and advanced in the footsteps of development and economic progress as a tributary essential to finance projects and investments.

This text is adapted from the word secretary-general of the Council of Ministers during a speech opening the conference of the Iraqi banking first on behalf of the Prime Minister, which sponsored the conference, in Reading between the lines of the floor and found many questions need to be answered art by people of competence and respect among these التسؤلات that in front of the banking sector the opportunity to expand a huge and important about what is witnessed in Iraq, the growing financial resources and projects development how to get this expansion?. (more…)

10/01/2013 12:00 AM

Bandar: objectives of the Commission to facilitate the entry of investors
BAGHDAD – Farah pumice
ذللت National Investment Commission many of the obstacles faced by the investor when he entered Iraq for the purpose of implementation of investment projects in different sectors and, therefore, are important steps to contribute to the support of the local economy.
Director General of the single window in the National Investment Authority, Dr. Abdullah al-Bandar said (morning), that the objectives of the Commission to facilitate the entry of investors to Iraq, as well as privileges and guarantees provided by him through the law in force.

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09/30/2013 12:00 AM

In order to create a banking sector advanced
discuss a number of bankers on the second day of the conference, the Iraqi banking the first ways to improve reality of banking, particularly with regard to legislation governing the functioning of commercial banks, Islamic and propose remedies needed to address the determinants of development, especially after he expressed his head

Minister ready to support the banking sector legislatively and administratively.
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Maliki calls for review of laws “hinder the work of private banks” and calling on the government to bank balance

Author: HH, HUA

Range Press / Baghdad
Called Iraqi Prime Minister Nuri al-Maliki on Saturday, reviewing legislation and laws that hinder the work of private banks, “calling on the central bank to” coordination between private banks and government “, while stressing bank on the need to” support the government’s domestic banks and give a chance for a balance between everyone. ” (more…)

09/22/2013 12:00 AM
Association of private banks to mobilize domestic and international effort to promote the financial sector
In order to achieve development bank

BAGHDAD – Hussein ثغب Tamimi
seeks Association of private banks in Iraq pursuit of financial sector development through mobilizing specialists in the matter banking domestic and foreign through the Conference of the Iraqi banking first that works to discuss paths advancement of the banking and mechanisms to contain all the determinants that negatively affect his career access to international banking services and reversible in our banks.
conference the first (more…)