The Financial Operations Of: Lifting All The Barriers Imposed On The Central Bank Of Iraq After Its Actions Against Money Laundering

[dinareffic]

The Financial Operations Of (Conscious): Lifting All The Barriers Imposed On The Central Bank Of Iraq After Its Actions Against Money Laundering 
IRAQ NEWS
 In 2018-07-26  1, 557 0

 Hussein Mohammed Al-Faihan _ Baghdad
The Central Bank of Iraq revealed that its measures against currency smuggling, money laundering and terrorism financing have been praised by the international financial organizations and the International Monetary Fund, calling for lifting all barriers previously imposed on Iraq.
The director of financial operations and debt management at the Central Bank of Iraq, Dr. Mohammad Dagher told the Iraqi News Agency (INA) on Thursday that the exchange rate of the US dollar against the Iraqi dinar is stable for the past six months, denying what some media reported an increase in demand for Buying the dollar during the current year, to smuggle to some neighboring countries, noting that during the month of June, the sales of the dollar in the Central Bank of Iraq to half of the monthly sales for the months preceding the April, March and February, and also reduced the dollar sales in the first half of the year M in 2018 to a third of sales last year 2017.


http://ina.iq/archives/51297

[ChuckFinley]

Their banking sector has really stepped up to get things ready to do business international. 

[ScaryMary]

Now we wait for IMF and others to approve. 

Write that letter.

Can I help you with the start of said letter?

Dear Sirs,  

Can you please move us to Article VIII?  

Blah, blah, blah (politically correct in the body of letter), blah, blah, blah.

Sincerely, 

🇮🇶 Iraq 

[ChuckFinley]

2 hours ago, ScaryMary said:

Now we wait for IMF and others to approve. 

Write that letter.

Can I help you with the start of said letter?

Dear Sirs,  

Can you please move us to Article VIII?  

Blah, blah, blah (politically correct in the body of letter), blah, blah, blah.

Sincerely, 

🇮🇶 Iraq 

This story does seem not to have an ending. 

[Butifldrm]

International Development Bank Opens First Representative Office in Dubai

Held a ceremony at the opening of the representative office in Dubai

 

 

 

 08 August 2018 11:33 p

 

Mubasher: The International Development Bank ( BIDB ), listed on the Iraqi Stock Exchange, has opened its first representative office in Dubai.

The Chairman of the Board of Directors of the Bank, in a statement to the Iraqi Stock Exchange, said on Wednesday that Dubai has been selected because it is a major trading center in the Middle East, and includes more than 15 thousand different global companies.

Ziad Khalaf pointed out that the International Development Bank has a strategic plan for its work, including the opening of representative offices in Beirut and Dubai, and the opening of an executive office in Greece in the coming period.

Khalaf added that opening the representative offices of the International Development Bank would facilitate trade between Iraq and the countries of the world.

In the second quarter of 2018, the profits of the International Development Bank rose 7.84 percent to 3.2 billion dinars , compared with 2.97 billion dinars in the second quarter of 2017. 

The bank's general assembly approved in July this year a dividend of KD 13 billion, 5.2% of its capital , for 2017.

The bank's capital is 250 billion dinars, distributed over 250 billion shares, with a nominal value of JD per share.

https://www.mubasher.info/news/3326533/مصرف-التنمية-الدولي-يفتتح-أول-مكتب-تمثيلي-في-دبي