CBI News 03/20/2018

[yota691]

Tender Announcement No. (1) for the year 2018 Processing Machinery

 

  

 March 20, 2018

 

[yota691]

The Banking Awareness and Public Protection Course (III) for the period 25-2018 / 3/29

 

  

 March 20, 2018

 

To / bank financial companies licensed transfer ( banking awareness and protection of the public cycle )  the third  for a period of 25 - 2018 / 3 / 29 ...  Click here

 

[yota691]

Performance Indicators for Reserves and Related Risks for 2017

 

 March 20, 2018

 

[yota691]

Training Course (RTGS Payment System)

 

 March 20, 2018

 

Holding a training course entitled "RTGS Payment System" for the period 10-2018 / 4/8 to all government and private banks

[DWS112]

1 hour ago, yota691 said:

Performance Indicators for Reserves and Related Risks for 2017

 

Translation:

The annual reports of foreign reserves showed a positive performance in 2017 compared with the performance in 2016. The foreign reserves of the CBI in 2017 grew by 7% compared to 2016. At the level of investment portfolios, the investment portfolio increased by 38% due to the expansion of investment In addition, the investment portfolio in gold witnessed a positive growth of 15% in 2017 due to the increase in the value of gold equivalent in 2017 than it was in 2016. The Central Bank of Iraq's investments in Islamic sukuk The Islamic Bank of Islamic Development recorded a 50% increase in 2007 compared to 2016. The annual performance of the risk was positive, due to the 15% rise in the euro between 2017 and 2016, the pound sterling by 10% and the Australian dollar at 8% Geographical distribution of investments The foreign reserves of the Central Bank of Iraq are distributed among eight countries, the United States of America, France, Switzerland and Britain. There has been a marked development in the foreign investment management mechanism following efforts to establish banking relationships and the use of electronic trading platforms such as Bloomberg and Reuters, where a large proportion of foreign reserves are currently self-managed, managed by correspondent central banks.

[yota691]

Central: Our foreign reserves grew 7% in 2017 and distributed to eight countries

 

Tuesday 20 March

 

 

 

Alsumaria News / Baghdad 's central bank announced on Tuesday that foreign reserves grew 7% in 2017, confirming that these eight countries spread over reserves.  The bank said in a statement that Alsumaria News reported that "the annual reports showed the growth of foreign reserves in 2017 by 7% compared to 2016," noting that "investment portfolios in US dollars also grew by 38% as a result of investment in the dollar currency bonds and treasury bills And deposits.     "The investment portfolio in gold also witnessed a positive growth of 15 per cent in 2017, which caused its 2017 equal value compared to 2016, and the bank's investment in sukuk Islamic bonds grew by 50 per cent," the bank said.  "The reserve department takes into account the importance of the geographic distribution of investments. These reserves are distributed to eight countries, mainly the United States, Switzerland, France and Britain, " the bank said .  On December 26, 2017, Iraqi central bank governor Ali al-Alak announced that the bank's foreign exchange reserves were $ 48 billion.

[bostonangler]

1 hour ago, yota691 said:

a training course entitled "RTGS Payment System"

 

To me, training equals educating... I like it.

 

B/A

[little willie]

sounds good, but we never know

[Officiallytook]

2 hours ago, bostonangler said:

 

To me, training equals educating... I like it.

 

B/A

Exactly what I saw, education campaign before the big show... cut up corruption , educate the people, introduce lower denominations and show us your True Rate of Exchange

[Laid Back]

RTGS Payment System..... All the banks are Getting ready to go international 

 

The CBI is showing a good performance in 2017, this will translate in a higher credit rating 

 

Go CBI 

Go new monetary policy 

Go RV

Go $1:1

[Pitcher]

The Central Bank of Iraq announced on Tuesday that foreign reserves grew 7% in 2017, stressing that these reserves are distributed in eight countries.
The bank said in a statement that “the annual reports of data in 2017 showed growth of foreign reserves by 7% compared to 2016,” indicating that “the investment portfolio of US dollar also grew by 38% as a result-oriented investment in the currency of the dollar bonds and treasury bills and deposits.”
The bank added that “investment portfolio in gold also saw a positive growth rate of 15% in 2017, which caused a parity value in 2017 compared to 2016, as the Bank’s investments of Islamic instruments grew by 50%.”
“The reserve department takes into account the importance of the geographic distribution of investments,” he said. “These reserves are distributed among eight countries, the United States, Switzerland, France and Britain.”
On December 26, 2017, Iraqi Central Bank Governor Ali al-Alak announced that the Bank’s foreign currency reserve stood at 48 billion dollars.

http://en.economiciraq.com/2018/03/20/the-iraqi-central-bank-announced-the-growth-of-iraqs-foreign-reserves-7-in-2017/

 

 

[ChuckFinley]

Hey Pitcher, I am right behind your posts. All good stuff  

[Pitcher]

Haha, I hope these posts haven’t been posted earlier.  I’m behind on my reading today. I had a crazy day trading today.  

 

News sure seems good  these days.   

[ChuckFinley]

1 hour ago, Pitcher said:

Haha, I hope these posts haven’t been posted earlier.  I’m behind on my reading today. I had a crazy day trading today.  

 

News sure seems good  these days.   

Sure does. Got home from work and all heck was braking loose.

[yota691]

Set an account controller

 March 20, 2018

 

To / Non-Banking Financial Institutions / All ( Appointment of an Auditor )

 

 

[Joe Sutherland]

Has anyone been able to translate this new article on CBI?

Is this ready a topic?

I'll delete this one if so...

Thanks!

[jb4388]

Performance Indicators for Reserves and its Related Risks for 2017

The annual reports of foreign reserves showed positive performance in 2017 compared with performance in 2016. Foreign reserves of the CBI grew by 7% in 2017 compared to 2016. At the investment portfolio level, the investment portfolio in US dollars grew by 38% as a result of the expansion trend Investment in gold, bonds, treasury bills and deposits, and the investment portfolio in gold witnessed a positive growth of 15% in 2017 due to the increase in the value of gold equivalent in 2017 than it was in 2016. Also the investments of the Central Bank of Iraq in the Islamic cheques grew, which will be issued by the Islamic Development Bank by 50% in 2017 compared to 2016.

The annual performance of the risk was also positive due to the 15% rise in the euro between 2017 and 2016, sterling 10% and Australian dollar 8%.

The reserves management takes into consideration the importance of the geographical distribution of investments. The foreign reserves of the Central Bank of Iraq are distributed to eight countries, led by the United States of America, France, Switzerland and Britain.

The foreign investment management mechanism has developed significantly after efforts to establish banking relationships and the use of electronic trading platforms such as Bloomberg and Reuters, where a large proportion of foreign reserves are now self-managed, after it was managed by correspondent central banks.

 

Best Regards…..

 

 

                                                                   Dr. Mazen Sabah Ahmed

                                                                   Investment Department

[Joe Sutherland]

I think I saw this posted yesterday.

Thank for help JB!