Businessmen, Money, Traders, Industrialists And Bankers Calling For New Criteria For The Classification Of Banks In Iraq !

[DinarThug]

CNN. Broadcasting While Waiting For These Frickin’ Bankity Banks To Get A Rate They Can Live With !

 

 

 

Businessmen, money, traders, industrialists and bankers calling for new criteria for the classification of banks in Iraq

 

1/4/2018 4:27:34 AM

 

Baghdad / Al-Masala: The "obelisk" published proposals by a number of businessmen, finance, traders, industrialists and Iraqi bankers, to the Iraqi Central Bank for the purpose of promoting the banking business in Iraq, and contribute seriously in the reconstruction process, and make Arab banks and foreign and Iraqi, .

The Central Bank of Iraq earlier approved the opening of branches of Arab and foreign banks in Iraq, in order to diversify banking services and quality, in the hope that these banks added value to the Iraqi banking sector and contribute to the development of various economic, and this is also hoped we As businessmen, especially industrialists, where we had good news from the entry of these banks to Iraq, and we hope that these banks to finance development projects or at least provide facilities for Iraqi businessmen, and financing their businesses and projects, especially industrial ones, but none of them did not happen and did not A work that would lead to a real addition to the Iraqi economy, except their entry into the currency auction and a high rating.

We have made sure that the branches of Arab and foreign banks do not provide services on the basis of which these branches have been opened. Therefore, we have made the following recommendations to the Central Bank officials, in order to develop the banking sector and facilitate banking services. These points are:

- The criterion of evaluation of Arab and foreign banks should be the size of the facilities provided to Iraqi businessmen and Iraqi companies owned exclusively by Iraqis, in order to prevent the entry of the currency auction.

- The criteria of evaluation should be the commitment to implement and complete what was mentioned in the feasibility studies provided by the Arab and foreign banks when opening their branches in Iraq, in which they mentioned the contribution to the development of the banking sector and the contribution to development and reconstruction. Otherwise, Before the bank, it is prohibited to enter the currency auction.

- The Central Bank shall monitor the quality of services provided by branches of Arab and foreign banks, in comparison to their quality in their countries of origin, and in the case of deterioration of these banks in providing good technical service prevents the entry of currency auction.

- Give greater role to Iraqi employees and their senior positions in the bank and training and cooperation to prevent local banks in the field of training and otherwise reduces the classification lowest degree in the auction currency.

- The classification of the branch of the Arab and foreign banks shall be according to the criteria according to which the Iraqi Bank shall be classified regardless of the classification of the banks in their countries of origin.

- The Central Bank to reconsider the entry of branches of Arab and foreign banks in the project to settle government salaries because it is sovereign and where the amount of salary amounts to a degree of confidentiality, it is not correct to inform non-Iraqis and inventory in Iraqi banks.

- There should be a study to assess the comprehensive and all aspects of the work of Arab and foreign banks in Iraq to show the extent of added value in the banking sector, especially the economic in general, and in the case of non-performance role in the added value referred to prevent banks from the auction currency.

- To confirm the completion of the amount of insurance put by Arab and foreign banks to 50 million dollars and otherwise prevents the entry of currency auction.

- The bank carries out the banking business for all customers of different segments of society and otherwise prevents it from entering the currency auction.

- Ensure that the highest assessment of the entry of the auction currency does not exceed the classification of "c" for Arab and foreign banks after the commitment to all the commitments made in the economic feasibility study, because the capital of banks $ 50 million, while the capital of Iraqi banks 250 billion dinars, equivalent to four times Capital of Arab and foreign banks.

- Emphasize the opening of branches of these banks in Baghdad or in the provinces and the evaluation shall be on the number of branches and the number of employees, otherwise the evaluation of the auction of the currency on the size of the bank and includes:

a. Preparation of branches.

B. Number of Employees.

C. Number of customers.

If the Arab and foreign banks do not have branches and the number of customers is very few does not exceed "100" customer and the number of employees does not exceed "25" employees and there are no banking activities for customers, businessmen and traders, surely their records are clean and there are no errors and is consistent with standards, There is work for him.

 

Iraqi banks and criteria of currency auction classification

- Calculating the bank's founding foot and adding a point for each year.

- Calculate the number of branches in Baghdad and the governorates, and add a point for each branch.

- The calculation of the number of Iraqi employees, adding three points for every 100 employees, which encourages the recruitment of the largest number of graduates.

- These standards encourage Iraqi banks to rise to the level of developed international banks.

- Confirmation of completion of the capital to 250 billion dinars, otherwise reduce the number of points according to the capital of the bank.

- Compliance with Central Bank standards "Compliance, Money Laundering, Risk".

As well as Iraqi banks that have no branches and do not deal with banking operations and there are no customers have, and certainly will be their records clean.

 

A group of businessmen, finance, traders, industrialists and Iraqi bankers

link

[siberian_shaddow]

Much Appreciated Thugs, 

[pokerplayer]

2 rubies Thug ? Not sure for what but I got you covered. Many thxs for the good reads lately.

 

  pp

[Half Crazy Runner]

4 minutes ago, pokerplayer said:

2 rubies Thug ? Not sure for what but I got you covered. Many thxs for the good reads lately.

 

  pp

 

??? What’s up with that???  +2 more from me Thug! (And for you too pp!)

[jeepguy]

1 hour ago, DinarThug said:

the case of non-performance role in the added value referred to prevent banks from the auction currency.

 

1 hour ago, DinarThug said:

case of deterioration of these banks in providing good technical service prevents the entry of currency auction.

 

1 hour ago, DinarThug said:

especially industrialists, where we had good news from the entry of these banks to Iraq, and we hope that these banks to finance development projects or at least provide facilities for Iraqi businessmen, and financing their businesses and projects, especially industrial ones, but none of them did not happen and did not A work that would lead to a real addition to the Iraqi economy, except their entry into the currency auction and a high rating.

reads like they are not going to go away from the currency auctions any time in the future !  and looks like they are going to bully the banks to stay sharp or no play in the money pit !  { insert another cheer   -------  hip-hip hooray,  keep the people poor and the push for a strong  u.s.dollar --- keep the need for the dollar high }  it doesn`t read as though they are  auctioning off crap dinar does it ,  the dinar is in such bad shape the poor peasants are afraid to use it ,  so  push baby  get  the dollar high .... 

[jeepguy]

I will give you a +   thuggie

[jeepguy]

hahahaha they { Iraq }  sell enough dollar  ,  I wonder if  the u.s.  needs to revalue  the dollar ,   4  dollars  to 0ne  dinar      [ wait  is that  right   ]

Edited January 4, 2018 by jeepguy

[siberian_shaddow]

Hey Thugs, do all clowns have big feet 😂 

[DinarThug]

12 minutes ago, siberian_shaddow said:

Hey Thugs, do all clowns have big feet 😂 

 

Yo Snap - Can U Smell Them All The Way Thru The Internet ?  

 

 

 

Is That Why I Got A Hater ...

 

     

[siberian_shaddow]

Lmao Thugs, I see someone is throwing red stones at you 

[10 YEARS LATER]

2 hours ago, Half Crazy Runner said:

 

??? What’s up with that???  +2 more from me Thug! (And for you too pp!)

 

What Pin Head gives a Ruby to Thug for posting a banking article ?

 

We do have a Rogue Ruby Drive By individual that's been lurking for some weeks now. If U don't agree with a P.O.V. Express your viewpoint-don't drop a Ruby in a Drive By and keep cruising like a weasel.

[mr.unlikely]

10 Agreed. threw you a greenie for sayin it best

[dinarham]

Good dang news !

[10 YEARS LATER]

1 hour ago, mr.unlikely said:

10 Agreed. threw you a greenie for sayin it best

 Thanks ! 

[jcfrag]

18 minutes ago, 10 YEARS LATER said:

 

What Pin Head gives a Ruby to Thug for posting a banking article ?

 

We do have a Rogue Ruby Drive By individual that's been lurking for some weeks now. If U don't agree with a P.O.V. Express your viewpoint-don't drop a Ruby in a Drive By and keep cruising like a weasel.

Troll, you mean, as in negative Nellie!

[drj]

Things that make you go...hmmmm....

 

Thanks Thugs.

[10 YEARS LATER]

2 hours ago, jcfrag said:

Troll, you mean, as in negative Nellie!

 

Yup . . . a Negative Nay-Bob of Negativity 

[DinarThug]

Sara Lee ? Sara Pailin ? Sara Huckabee ...

 

     

 

On 1/4/2018 at 1:40 PM, DinarThug said:

Rafidain Bank .. And the media office .. And surprises Sarah !!

 Thursday 04 January 2018

 

Hamid Shehab

 

The media office of the Rafidain Bank is one of the most active media offices in government departments and institutions. Every time it launches through its supreme management one of the benefits of citizens, to benefit from the attractive offers offered by this ancient bank to hundreds of thousands of citizens, Serving different segments of Iraqi society !!

The latest of these gains and temptations announced by the Information Office of Rafidain Bank on Wednesday the acceptance of the roofed structure in granting a loan of 50 million dinars for citizens for the purposes of construction in a plot of land not less than 50 meters in order to ease the burden of citizens and simplify the procedures for granting the loan decides to accept the roofed structure of the floor Second, the abbreviation for granting the second and third installment only.

The statement of the Rafidain Bank, according to the media office that it was decided to accept a piece of land from the house, which was demolished with the survival of the sex house (housing) and after the arrival of the construction phase to the stage of Rabat and the disclosure by the Commission to detect the plot of land. The statement stressed the need to reach the process of the construction phase to complete Rabat and apologize for less.

And other gains before it to different segments, including university professors and graduate students and retirees and those who want to obtain real estate loans for the purchase of residential apartments and the construction of residential land, and almost the activity of the bank does not stop, trying to reduce the burden on citizens, which is a qualitative shift in the work of the refinery and maintaining close ties with millions Iraqis to develop their investment work on the one hand, and to provide the best banking services to Iraqis in various segments, especially in the area of ATM and smart card, which has become accessible to millions of Iraqis !!

Our greetings to the senior management of Rafidain Bank and its persistent media office, and its director, Mr. Mohammed Al-Shammari, the ambitious young man whose office is really a bright media and banking interface, reestablishing close ties with the Iraqis and encouraging banking work so that any Iraqi citizen can benefit from his services. , And attractive offers !!

link

 

Rafidain Bank .. And the media office .. And surprises Sarah !!

 Thursday 04 January 2018

 

Hamid Shehab

 

The media office of the Rafidain Bank is one of the most active media offices in government departments and institutions. Every time it launches through its supreme management one of the benefits of citizens, to benefit from the attractive offers offered by this ancient bank to hundreds of thousands of citizens, Serving different segments of Iraqi society !!

The latest of these gains and temptations announced by the Information Office of Rafidain Bank on Wednesday the acceptance of the roofed structure in granting a loan of 50 million dinars for citizens for the purposes of construction in a plot of land not less than 50 meters in order to ease the burden of citizens and simplify the procedures for granting the loan decides to accept the roofed structure of the floor Second, the abbreviation for granting the second and third installment only.

The statement of the Rafidain Bank, according to the media office that it was decided to accept a piece of land from the house, which was demolished with the survival of the sex house (housing) and after the arrival of the construction phase to the stage of Rabat and the disclosure by the Commission to detect the plot of land. The statement stressed the need to reach the process of the construction phase to complete Rabat and apologize for less.

And other gains before it to different segments, including university professors and graduate students and retirees and those who want to obtain real estate loans for the purchase of residential apartments and the construction of residential land, and almost the activity of the bank does not stop, trying to reduce the burden on citizens, which is a qualitative shift in the work of the refinery and maintaining close ties with millions Iraqis to develop their investment work on the one hand, and to provide the best banking services to Iraqis in various segments, especially in the area of ATM and smart card, which has become accessible to millions of Iraqis !!

Our greetings to the senior management of Rafidain Bank and its persistent media office, and its director, Mr. Mohammed Al-Shammari, the ambitious young man whose office is really a bright media and banking interface, reestablishing close ties with the Iraqis and encouraging banking work so that any Iraqi citizen can benefit from his services. , And attractive offers !!

link