Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Iraq gets approval to open the first branch of the Rasheed Bank with Europe

deniscanada

By deniscanada,
in Iraq & Dinar Related News

 Share

Recommended Posts

deniscanada Newbie

deniscanada

Posted
Posted

Iraq gets approval to open the first branch of the Rasheed Bank with Europe

 

 16/09/2013

Iraq gets approval to open the first branch of the Rasheed Bank with Europe

BAGHDAD / JD / ..  Iraq announced receiving approval to open the first branch of the Rasheed Bank in Europe, while stressing that the approval came from the Romanian Central Bank.

BAGHDAD / JD / ..  Iraq announced for obtaining approval to open the first branch of the Rasheed Bank in Europe, while stressing that the approval came from the Central Bank of Romania. Said the Minister of Finance Agency Ali Shukri told / JD /: Got Iraq approval to open the first branch of Iraqis in Europe, stressing that this approval came by the Romanian National Bank to open a branch of the Rasheed Bank.

 It is noted that the Rasheed Bank was founded in 1988 and became a public company under the Companies Law No. (22) for the year 1997

 On 4/12/2001 became the capital of the bank two billion Iraqi dinars to support the national economy through the functions performed, such as commercial banking, investment of funds, the financing of various sectors in accordance with the development plans.

 The bank (165) branches and offices, including (52) branches and (21) offices in Baghdad and (84) branches and (6) offices outside Baghdad, and the public administration of the bank includes within its formations (13) section, and (56) Division. / End / / 23

 

http://translate.googleusercontent.com/translate_c?depth=1&hl=en&prev=/search%3Fq%3Dhttp://www.dananernews.com/News_Details.php%253FID%253D3554%26biw%3D1088%26bih%3D479&rurl=translate.google.ca&sl=ar&u=http://www.dananernews.com/News_Print.php%3FID%3D3900&usg=ALkJrhg0eiEyVIO3p-B4gOFqoF9BMmscPA

 

 

 

  • Upvote 3
Link to comment
Share on other sites
yota691 Grand Master

yota691

Posted
Posted (edited)

9519.jpg?width=400&height=300&crop=auto&

Romanian capital Bucharest

 

Author: 
Editor: BS, NF 09/17/2013 13:43 Number of readings: 24 
 

 

 Range Press / Baghdad

Minister of Finance announced the agency Ali Yousef Shukri, on Tuesday, the approval of the World Bank Roman to open the first branch of the Iraqi bank in Europe, returned to step will be important for the work of Iraqi banks in Europe, and will allow the Iraqi citizens abroad to deal with and provide all facilities to investors.

Said Shukri in a statement received (range Press), a copy of which, "The Ministry of Finance received the approval of the World Bank Roman to open the first branch of the Rasheed Bank in Europe", noting that "the move would be important for the work of Iraqi banks in Europe."

Shukri pointed out that "the opening of the first branch of the Iraqi bank in Europe, will allow the Iraqi citizens abroad to deal with and provide all facilities to investors."

It is noteworthy that the National Bank of Romania was established in (27 February 1880), where he presented the Prime Minister ion Bertaano to Parliament a draft law for its establishment, based on the Basic Law of the National Bank of Belgium, which is the Central Bank of Romania is independent public institution based in the central province of Bucharest.

The main than in securing price stability and maintain (in accordance with the rules of procedure), and the Romanian National Bank supports the general economic policy of the state, and the national currency is Leu and collected "me", and its parts are the "Ban".

Edited by yota691
  • Upvote 1
Link to comment
Share on other sites
TBomb Newbie

TBomb

Posted
Posted

The opening of a branch of the Rasheed Bank in Romania

  

18/09/2013 12:00 AM

To strengthen trade relations
Baghdad - Mostafa Hashemi
counting economic expert, Dr. appearance of Mohammed Saleh opening of a branch of the Bank of government outside Iraq of good things that promote the financial interests and mutual trade.

Iraq had announced receiving approval to open the first branch of the Rasheed Bank in Europe, after the approval came from the bank Central Roman.

Saleh added in a statement to the (morning) that the opening of branches of state banks abroad enhances and supports trade and financial relations between Iraq and the country is opening a branch of the Bank of government in it, pointing out that it comes to the purpose of promoting economic and commercial interests in the market of that country. He that this step will help Iraq to open up to the world after years of isolation from world markets, where banks represent financial market and banking. Salih stressed that the opening of a branch of the Rasheed Bank in Romania reduces the cost of transactions in general as it improves trade and financial relations with Romania or countries Other related with the countries of the world and that it hurt towards the integration of the Iraqi market in the global financial market.

 

http://www.alsabaah.iq/ArticleShow.aspx?ID=54535

Link to comment
Share on other sites
jeepguy Mentor

jeepguy

Posted
Posted

Am I missing something????  Iraq???  Vampire banking? :shrug:

 

Why a bank there dinar is not worth anything, come open one in the U S A. And exchange my Dinar for USD, at a TerryK rate.

 

 They might be opening up a blood bank there...

hahhahahaha   all are great reasons for banking  -----  blood or other wise

Link to comment
Share on other sites
waterman13 Newbie

waterman13

Posted
Posted

I think this is huge. Why does an IRAQI bank, with an "un-tradeable" or a local currency used only in their home country need "international" banks, it makes you wonder, especially why one in Rome? Home of the Vatican Bank. Just makes me wonder. IQD to go International soon?

WM13

  • Upvote 1
Link to comment
Share on other sites
dontlop Newbie

dontlop

Posted
Posted

Easy to deposit oil revenues And easier to transfer your own funds if your transferring from your own bank to your own central bank

I can't wait to see one open in the USA

Central banks around the globe working with Iraq is great news

The world bank approved it So its a go who's next

Romania was a smaller country starting over since the 90s when they killed their dictator on Christmas Day and took their country back

Link to comment
Share on other sites
unirod Apprentice

unirod

Posted
Posted

I think this is huge. Why does an IRAQI bank, with an "un-tradeable" or a local currency used only in their home country need "international" banks, it makes you wonder, especially why one in Rome? Home of the Vatican Bank. Just makes me wonder. IQD to go International soon?

WM13

The State Department (USA) has had the Vatican on the watch list for money laundering since 2011. Maybe Iraq is their Partner in crime?
Link to comment
Share on other sites
Guest
This topic is now closed to further replies.
 Share
Go to topic listing

  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Testing the Rocker Badge!

    Take This Quiz

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.

  I accept