RACING: Private sector drive economic development and the government to launch its facilities

[yota691]

Al-Rafidain: The employees of the local districts gave us their salaries and loans

 

Monday 27 March 2017

 

 

Alsumaria News: / Baghdad announced Rafidain Bank , on Monday, Reward Almutnh circuits staff salaries and giving them advance loans, noting that the settlement would reduce the risk of transfer of the employee in cash money and helps the automatic saving.  The bank's information office said in a statement received by Alsumaria News a copy of it that "the resettlement of salaries will be through the transfer of salaries of employees in the private sector or public hand salaries are received from their departments until they are received from banks and government banks," adding that " Iraq 's proposal Rivers Bmkavih Almutnh circuits staff salaries Bank by giving them advance and loans and other services after it is creating a database of all employees in government departments and ease of follow - up. "       He explained that "the advantages of this work is that the resettlement will reduce the risk of transferring the money of the employee in cash and will grant each employee who settles his salary a special salary card through which he can withdraw his salary anywhere locally and globally and the employee full freedom in the withdrawal and deposit and transfer of money and according to his desire and at any time, Employee of the monthly employee monthly commissions such as (low balance commission / account management), in addition to it helps the employee to save automatically and withdraw only the need.  Rafidain Bank announced in June 2016 the development of a strategic plan for the grant of an advance of 10 million, which is that the employee must have a smart card activated by settling salaries in special savings accounts and activate payment of salaries and electronic collection receives his monthly salary.

[ChuckFinley]

6 hours ago, Wiljor said:

DWS112, thanks 

Now we're talken, DV we are gathering speed and we have many moving parts to this game of chess. Something is going to give, get ready 

I am right there with you. This seems to be gaining speed as Mosul closes out. Not saying it will happen simultaneously but it gaining speed as Mosul comes to and end.

[NoviceInvestor]

I love the positive  comments and happy enthusiasm I read today and none more than me hopes/wishes the a windfall will "soon" come our way .. But I still feel the need to err on the side of caution.. This is Iraq and its been a long journey ...

[tigergorzow]

1 hour ago, ChuckFinley said:

I am right there with you. This seems to be gaining speed as Mosul closes out. Not saying it will happen simultaneously but it gaining speed as Mosul comes to and end.

CF,  Our time is nearing for sure my friend.  

32 minutes ago, NoviceInvestor said:

I love the positive  comments and happy enthusiasm I read today and none more than me hopes/wishes the a windfall will "soon" come our way .. But I still feel the need to err on the side of caution.. This is Iraq and its been a long journey ...

NoviceI, This is the NEW IRAQ that will "WOW" the world.  We here at DV will witness this firsthand.  Our blessings are coming to fruition.

Always Keeping The Fath!!

[NoviceInvestor]

1 minute ago, tigergorzow said:

CF,  Our time is nearing for sure my friend.  

NoviceI, This is the NEW IRAQ that will "WOW" the world.  We here at DV will witness this firsthand.  Our blessings are coming to fruition.

Always Keeping The Fath!!

True Tiger .. I have enjoyed the journey and learnt an immeasurable amount of knowledge and as i said none more than me looks forward to the golden egg being laid "soon" ..💰💸

[Theseus]

They better do something before May 26, 2017 or we are going to be waiting until after the 2018 budget is passed.

Edited March 28, 2017 by Theseus

[Theseus]

However they could gift it to all of Iraq on June 25, 2017

[yota691]

Al-Rafidain: Settling the salaries of employees of the state departments in electronic accounts

Last updated: 27 March 2017 - 11:37 p

 BAGHDAD / Al-Rafidain Bank announced on Monday that the process of settling the salaries of employees of the state departments in electronic accounts for the receipt of their monthly salaries will be through a special account opened to the employee at the bank and withdraw from it by electronic payment card or receive it in cash from the bank. "This system appeared to work in Iraq with the proposal of the Rafidain Bank to reward the employees of the local districts salaries, by giving them in advance and loans and other services after the creation of a database for all employees in the departments of the state and easy to follow." He explained that " Work that the The employee will be entitled to withdraw his salary anywhere in the country and internationally. The employee has full freedom to withdraw, deposit and transfer the money according to his desire and at any time. The employee's salary shall be exempted from the monthly employee's monthly commissions such as: Low balance commission / account management) and helps the employee to save automatically and withdraw his need only.

[Half Crazy Runner]

11 hours ago, davis411 said:

hi ya guys and gals

so stupid question from canada

are they or are they not international???

meaning if they were, wouldn't they have to notify the world some  how

like a forex????

 

told u stupid question

NOT a stupid question at all! I'd like to know too ...?

[yota691]

28-03-2017 11:39 AM

Al-Rafidain issues one of the electronic payment tools for salaries of Diwaniya education employees

 

 

 

Rafidain Bank announced the issuance of one of the electronic payment tools for the staff of the General Directorate for the province of Diwaniyah in order to receive their monthly salaries through them to shorten the routine of trading in cash. 

The bank's information office said that the bank 'issued more than 500 cards within electronic payment tools for employees of the province of Diwaniyah and settle their salaries in electronic accounts for the special receipt of their monthly salaries'. 

The statement said that 'the bank issued one of the electronic payment tools for the staff of the Office of Inspector General of the Ministry of Communications and staff of the Directorate of Communications Maysan province'. 

He pointed out that 'this step aims to reduce the circulation of manual criticism and reduce the theft and robbery of employees' salaries, especially when transferred from the branches of the bank to government departments.'

[yota691]

What does it mean settling employees' salaries in Iraq and how to benefit from it financially

 

Wednesday, 29 March 2017 12:26

 

 

 

 

Alsumaria News / Baghdad issued Rafidain Bank , Wednesday for clarification on the unique localization of salaries and financial services waiting for staff to Iraq , and how to benefit from it financially.  What does it mean localization of salaries:  are employees in the private sector or the public of hand salaries to transfer the salaries received from their constituents to be received from banks , government banks or civil process through a special account opened for an employee of the bank and the withdrawal of it by electronic card payment or received by in cash from the bank.     The advantage of using localization system:  This system began to spread in many countries of the world with the expansion of business and services banks and banks with the increasing volume of electronic transactions and the result of the pursuit of these banks and the banks to shorten the time, effort and cost in their dealings and transactions of various financial citizens and leave dealing with cash and risks.  What do you enjoy localization payroll system:  enjoy localization salaries several advantages dating back many financial and service benefits to employees, these benefits vary between the Bank and another system and we'll show some of these advantages: -  1. The settlement will reduce the risk of transfer of employee money in cash.  2. Each employee will be given a special card salary settle salary through which they can withdraw his salary to points of sale different (ATM / POS / Internet / ...) locally and globally.  3. The employee complete freedom in the deposit and withdrawal of financial and conversion and at his discretion and at any time.  4. It may not be an employee of any fees to open an account.  5. the employee 's salary of monthly commissions regular employee may be exempted , such as ( a commission low balance / account management).  6. meets the nominal amount of the employee for some financial services as a service transfer and salary card (this will be subject to an agreement with the point of salary).  7. may be made available to the employee to use the card to withdraw cash salary or purchases.  8. Employee may enjoy electronic banking services for free and without benefits.  9. localization of the salary of the employee will provide a package of banking products and services and facilities on loans.  10. helps the employee to automatic savings and withdraw it needs only.  He stressed Rafidain Bank, in (1 March 2017), the importance of settling the employees ' salaries in electronic accounts to give them loans and advances.

[yota691]

29-03-2017 11:45 AM

Iraq issued a statement on loans and advances

 

 

 

Rafidain Bank said on Wednesday that the loans and advances that are granted to employees and citizens due to the recovery of the bank continue to work to ensure the banking. 

He said the media office of the bank, said that ' the bank is investing the money that is deposited by the citizens to meet attractive benefits obtained by the customer, noting that' the bank 's money back to the beneficiaries of the citizens , which is due to them off with benefits. " 

The statement added that 'loans and advances that are granted to employees and citizens due recovery to ensure continue to operate banking and finance and stimulate sectors of the economy and continue to create deposits and move the wheel ofdevelopment if they are used for productive purposes or for the purposes of reconstruction and not just consumption and increased demand for consumer goods and the random import of consumer goods' . 

Bank and called for 'Bzbainh thinking about the interests of the strategy for their country and not for the vessels of their person.'

[yota691]

Rafidain Bank determines its branches covered the salaries of ten an advance staff

History of edits:: 2017/4/2 9:09 • 124 times readable

[Oan- Baghdad] 
Select Rafidain Bank ministries on its branches to obtain an advance of 10 for staff salaries.

The Information Office of the Bank said in a statement received by all of Iraq [where] a copy of it, "it was divided branches of the bank to the ministries covered by an advance ten salaries for the staff of the roundabout state , " noting that "will give priority to the beneficiaries of electronic payment cards." 
And branches of distributed bank ministries as follows: 
1. Ministry of Defense: the allocation of the Ministry of Defense to employees of the branch of the ministry 'sheadquarters - the allocation of branches Azwaip and the role of the officers and the cities and the national and Hudhayfah ibn al - Yaman and Rustumiya to employees of the headquarters located in Rusafa in Baghdad - the allocation of branches of the letter and Haifa to employees of the headquarters located in the Karkh district of Baghdad . 
2-Oil Ministry: the allocation of the oil complex to the headquarters of the Ministry of Oil and related departments in the ministry and branch refineries to other employees of the Ministry of Oil circles branch. 
3 Ministry of Education: the allocation of Palestine and Al- Quds Street to the headquarters of the ministry sub - allocation of branches Waziriya and Adhamiya for employees of education [Rusafa first] - allocation of fraternity branch and Sevilla to employees of education [Rusafa III] - Allocation of branches pratha, freedom and environment to employees of education [Karkh first] - allocation of knowledge to employees of the Education Branch [Karkh second] - the allocation of Kadhimiya branch to employees of the [third Karkh] - Zahra branch allocation to employees of education [Karkh third]. 
4. Ministry of Water Resources: the allocation of the eastern branch of the door to the employees of the Ministry ofWater Resources]. 
5. Ministry of Communications: [allocation of the upper branch of the employees of the headquarters of the Ministry of Communications and related departments - the allocation of the Liberal branch for the rest associated with the Ministry of Communications departments. 
6. The Ministry of Municipalities: [allocation of sub - seven palaces and municipalities for the employees of the Ministry of Municipalities]. 
7-Ministry of Agriculture: [customizable Victory Square Paradise Square branch of the employees of the Ministry of Agriculture. 
8. The Ministry of Labor and Social Affairs: [allocation of labor and social affairs branch of the employees of theministry. 
9. Ministry of Construction and Housing: the allocation of the Ministry of Construction and Housing Branch and the branch of the railway to the employees of the ministry. 
10 - The Ministry of Human Rights: [allocation of Victory Square sub - district factor for employees of the Ministry of Human Rights]. 
11 - Ministry of Industry and Minerals: [allocation of branches of the Ministry of Industry and Minerals and theWhite Palace and Al - Rafii neighborhood unit of employees of the ministry. 
12 - Ministry of Environment: [allocation of Sinak sub - Karada Mariam for the employees of the ministry. 
13 - circuit is associated with the Ministry: [allocation of branches of Al - Mansour fight and Mustansir and Andalus and Sheikh Omar to employees of all circles of others related to the Ministry. 
14 - General Secretariat of the Council of Ministers and the House of Representatives: the allocation of the General Secretariat of the Council of Ministers and the Arab neighborhood of the members of the House of Representatives and the Council of Ministers] sub. 
15 - Municipality of Baghdad: [sub - allocation of safety and successors to the employees of the Municipality ofBaghdad]. 
16 - Sunni Waqf: the allocation of the Sunni Endowment , a branch of the credit employees of the Sunni Endowment. 
17 - the provinces of Diyala - Salah al - Din - Anbar]: [The distribution of ministries of delegates to the branches ofthose provinces. 
18 - Branches areas associated with the delegates [North - South - Central].

[yota691]

Rafidain Bank issued an electronic payment for the salaries of Iraqi university staff tool

 

 

 5 hours ago

 

 

Twilight News / Rafidain Bank announced on Monday issued one of the electronic payment tools for the staff of the university one of the formations of the Iraqi Ministry of Higher Education and Scientific Research for receiving their monthly salaries through to shorten trading cash currency routine.

The Information Office of the Bank said in a statement, it was reported to Twilight News, that the bank has issued more than 650 within the electronic payment tools for the staff of the Presidency of the University and the Faculty of Administration and Economics and the College of Education and internal departments of the University and the localization of their salaries in the private electronic accounts to receive their monthly salaries.

He explained that the move was aimed at reducing the trading manual cash and reduce theft and robbery on the salaries of staff operations, especially when transferred from bank branches to government departments.

[yota691]

Rasheed Bank directs its branches to open letters of credit for companies public and private sector

History of edits:: 2017/4/3 13:04 • 15 times readable

{Baghdad: Euphrates News} face Director General of the Rasheed Bank, Rashad Khudair single, branches of the bank to expand the opening letters of credit for companies public and private sectors.

He explained Waheed , according to a statement to inform the bank and the agency {Euphrates News} a copy of it, that process has received the most effective means of settling international sales as to ensure the seller receiving the price of the goods and the buyer received the goods and by correspondent banks Rasheed Bank abroad in accordance with the regulations. " 
He noted that" amounts credits are converted at the official rate set by the Central Bank of Iraq ".anthy

[yota691]

Iraq issued one electronic payment tools for the staff of the Iraqi University

 

 

Economy News / Baghdad ...       Rafidain Bank announced an issuance of electronic payment tools for the staff of the university one of the formations of the Iraqi Ministry of Higher Education and Scientific Research for receiving their monthly salaries through to shorten trading cash currency routine.   The Information Office of the Bank said in a statement obtained "Economy News" a copy of it, that "the bank has issued more than 650 within the electronic payment tools for the staff of the Presidency of the University and the Faculty of Administration and Economics and the College of Education and internal departments of the University and the localization of their salaries in the private electronic accounts to receive their monthly salaries."     "The move aims to reduce manual cash trading and reduce theft and robbery on the salaries of staff operations, especially when transferred from bank branches to government departments."
Views 25   Date Added 04/03/2017 - 10:52   Last updated 04/03/2017 - 13:41   No. Content 7048

[yota691]

03-04-2017 02:12 PM

Rasheed Bank directs its branches to open letters of credit for companies

 

 

 

The face of the Rasheed Bank, on Monday, its branches open letters of credit for companies from the public and private sectors, indicating that the amount of credits are converted at the official rate set by the Central Bank. 

Director General of the Bank 's sole Rashad Khudair, the 'Bank of the face of its branches in Baghdad and the provinces to open letters of credit for companies public and private sectors', noting that' the process is the most effective means of settling international sales. " 

He added that the single 'letters of credit will ensure that the seller receiving the price of the goods and the buyer received and by correspondent banks Rasheed Bank and abroad in accordance with the regulations', stressing that ' the amount of credits are converted at the official rate set by the Central Bank of Iraq'.

[yota691]

Rashid directs its branches to open letters of credit for companies from the public and private sectors

 

Monday, April 3, 2017 14:05

-   +

 

 

Alsumaria News / Baghdad  face Rasheed Bank , on Monday, its branches open letters of credit for companies from the public and private sectors, indicating that the amount of credits are converted at the official rate set by the Central Bank.  Director General of the Bank of Rashad Khudair alone in a statement received Alsumaria News, said that " the bank face of its branches in Baghdad and the provinces to open letters of credit for companies public and private sectors , " noting that "the process is the most effective means of settling international sales."   He added that the single "letters of credit will ensure that the seller receiving the price of the goods and the buyer received and by correspondent banks Rasheed Bank and abroad in accordance with the regulations , " asserting that " the amount of credits are converted at the official rate set by the Central Bank of Iraq ."  Rasheed 's second largest government bank in the Bank is Iraq , it was established in 1988 under Law No. (52) and became a public company under the Companies Law No. 22 of 1997 and is subject to the supervision of the Bank of the Central Bank of Iraq and the Office of Financial Supervision.

[yota691]

Iraq calls to expedite sending lists of salaries of retirees

 

 

Economy News / Baghdad ...     Called Rafidain Bank, on Tuesday, the General Pension Authority to expedite the sending lists of civilian pensioners' salaries meal in April to be paid on schedule.   The Information Office of the Bank said in a statement, "Economy News" received a copy of "the bank is committed to the dates of the salaries of retirees exchange upon arrival from the retirement body according to banking mechanisms and contexts used."   The office, "said the bank is based distribution upon receiving the payroll of the board of retirement with the overlying instrument with the requirement provides the balance is then raise salaries electronically and disbursed," noting that "his work is limited to the lifting of the amounts sent to him if the arrival of the instruments of the retirement board and therefore immediately be paid salaries for retirees ".
Views 19   Date Added 04/04/2017 - 12:53   Last updated 04/04/2017 - 14:10   No. Content 7071

[yota691]

 

Iraq calls to speed up retirement to send lists of retirees: we are committed to the dates of disbursement of salaries as soon as they arrive 3 hours ago Last updated 11:58 AM       BAGHDAD / Press tomorrow:  called Rafidain Bank, on Tuesday, the retirement body to speed up sending lists of salaries of retirees for the distribution of salaries on time.  The media office of the Rafidain Bank, in a statement, received "Tomorrow Press", a copy of it, that " the bank is committed to pay the salaries of retired dates upon arrival of the retirement body according to banking mechanisms and contexts used."  He added that "the distribution once the receipt of payroll from the retirement body with a requirement occluded instrument provides a balance, where then raise salaries electronically and disbursed."  And between the bank, that "his work is limited to the lifting of the amounts sent to him if the arrival of instruments from the retirement body and thus immediately be paid salaries for retirees."  The Rafidain Bank, asked more than once in the past months , the retirement authority to send lists of salaries of retirees, because of the repetition of the case of delayed payment of salaries on time.

[yota691]

Iraq announces the reluctance of large numbers of borrowers

 

 

Economy News / Baghdad ...       Rafidain Bank, announced Wednesday, for foot-dragging large numbers of borrowers, specifically in the Defense Ministry, demanding to restore trust between the public and the banking system.   The general manager of the bank Khawla student Jabbar said in a statement, "Economy News" received a copy of it that "the bank has numbers of Almtlkian pay premiums loans and large parts of this amount back to Mtlkian in payment by the Ministry of Defense."   Jabbar and demanded "the need to restore trust between the public and the banking machine in order to increase the volume of deposits and stimulate the banking sector in the country."

Views 30   Date Added 05/04/2017 - 12:03   Last updated 05/04/2017 - 13:13   No. Content 7077

[yota691]

Regardless of direct salaries of retirees

05/04/2017 0:00    Baghdad / morning  began the retirement of retired staff , regardless of the civilian salaries for the month of April.  The Rafidain Bank has called on the public pension body to expedite the sending lists of civilian retirees meal April salaries to be paid on schedule. The Information Office of the Bank said in a statement that « the bank is committed to pay the salaries of retired dates upon arrival of the retirement body according to banking mechanisms and contexts   followed».  The bureau «said the bank is based distribution upon receiving the payroll of the retirement body with the instrument overlying clause provides a balance is then raise salaries electronically and dispensing», indicating that «his work is limited to the lifting of the amounts sent to him if the arrival of instruments from the retirement body and thus immediately be paid salaries for retirees ».

[ChuckFinley]

Everyone is hoping electronic. 

[yota691]

09-04-2017 10:24 AM

Rafidain directs ministries covered by an advance ten salaries grants form

 

 

 

Rafidain Bank in the face of ministries and state institutions covered by the ten salaries to an advance distribution of the forms prepared by the bank on their employees who wish to grant the advance for the purpose of filling. 

He said the media office of the bank, the 'Bank of the face of the ministries or departments concerned to submit their employees covered by imprest under the names of the advance payment request prepared by the public administration, in the form of meals that form the meal does not exceed the total of 100 employees as a first stage. " 

And between, the 'ministry or department concerned bears responsibility for any student grants repeat and advance the responsibility of the health of the archives with the forms attached to the request of the advance and support it. " 

The statement said that 'forms stamped the seal of authenticity of the information contained in the required documents by the administrative department official in the directorate concerned and send all the information , however , authorized the concerned directorate'. 

He added that the bank 'receipt of the advance monthly repayments will be by the department concerned under the approved instrument and within ten days from the date of receipt of salary , however.'

[ChuckFinley]

This is like the fourth article I read today about everyone getting paid or doing electronic payment.