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Stability of the exchange rate of the Iraqi dinar and some currencies at closing


yota691
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Good morning Yota and DV :tiphat:

Iraq is getting ready to present itself to the world stage as the power house of the ME. A solid banking foundation coupled with multiple locations to conduct business will shortly be the norm on Iraqi streets. Big changes are coming DV and we are witnessing history in the making  :twothumbs:

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Tuesday 6 December 2016 10:47
 
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Alsumaria News / Baghdad 
It announced the Rafidain Bank , on Tuesday, for the high number of its branches to 165 branches after the opening of a new branch in the province of Maysan, stressing his quest to expand his work locally and internationally.
 

The media office of the bank said in a statement Alsumaria News received a copy of it, it "opened a new branch in the province of Maysan to provide banking services to citizens and employees," noting that "the number of branches has risen to 165 branches."

 

 

 
He added that "the bank develop an action plan to expand his banking and development in the largest geographical area in the country and in other countries in order to deliver services to the citizens."
 
The Rafidain Bank was established under Law No. (33) for the year 1941 and started operations (19 May 1941), with a paid -up capital of 50 thousand dinars and continued working alone in the banking field until 1988 , which saw the establishment of another government bank is Rasheed Bank.
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Yota thank you for finding more positive news than bad regarding Iraq. It

is good to see that Iraq really wants to play with the big boy's internationally.

Now if they would move a little faster by taking care of their people

that would be the icing on the cake. I know, I know one thing at a time.

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Banking density

 

 

   
 

 
 


8/12/2016 0:00 

Dr.. As Abdul Hadi 
is the concept of banking density one adopted in the economic and financial analysis of banking indicators , which refers to the number of inhabitants per bank in the country, and thus whenever this indicator fell indicates that the spread of banking habits . In the European Union record of this indicator (1500) inhabitants per bank Therefore it is better than in the United States which scored five thousand people for each bank, but the question how to analyze this indicator in Iraq? 
What many it was interested in banking issues and even some officials contend the decline of this indicator in Iraq amounting to ten thousand people for each bank and make recommendations for its improvement by increasing the number of banks and bank branches in order to achieve this, and they do analyze the index is absolutely no perception of the reality of the economy of 
 Iraq. 
The number of banks in Iraq (66) bank note that the number of its subsidiaries collectively exceed 600 branches, as well as three banks under formation, and this is certainly improve the proportion of banking density in Iraq, but the more important question is: Is This will contribute to the development of reality banking and transaction banking than it is now? 
To find out the answer to this question must return to the question that was preceded, as part of the answer should be reviewed a number of indicators from which the proportion of cash leakage that arrive in Iraq to around 90 percent) , which represents the ratio of the existing currency outside the banking system of the total issued currency, so we can say that the public does not prefer to deal with the device 
 banking. 
Moreover, (90 percent) of almost deposit shall be deposited with the government banks and limits (75 percent) of these deposits are deposits 
 government. 
 In contrast, the banking liquidity ratio is in the order (94 percent) , which is more than the standard rate , which developed within the Basel requirements
 This means that the banks can not afford to employ available for its liquidity due to higher hedge on one side and a tight market on the other. 
Accordingly , we do not see a need to increase the number of banks in Iraq , but we need to activate the banking business and modernize Instead, the banking index is the relative density measurements is high and we have not vice versa , as many believe.
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465 132

Reopening of the Rafidain Bank in Ramadi early next month

Anmar Journal 1 minute ago  0 Visit

 

BAGHDAD - The Journal News

The central bank announced Saturday the reopening of the Rafidain Bank in the city of Ramadi, Anbar province early next month.

The bank said in a brief statement, said the Rafidain Bank, will open its doors in the city of Ramadi, the third day of January next 2017, after obtaining the approval of the Governor of the Central Bank and Public Administration of the Rafidain Bank.

The security forces freed a former city of Ramadi in advance of the terrorist organization Daesh and returned dozens of displaced families to their areas in Almedinh.anthy 3

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Rafidain Bank , bringing the number of its branches to 163 branches after opening Maysan and Diyala Branch

Rafidain Bank, bringing the number of its branches to 163 branches after opening Maysan and Diyala Branch

 

 
 
 5 hours ago
 

 

Twilight News / Rafidain Bank on Saturday announced an increase in the number of its branches, which amounted to 163 branches after it has been recently dun opening a branch in the province of Maysan.

Press office of the bank said in a statement that the bank opened a new branch in Maysan within the expansion of its services to clients and cover larger geographical area plan. He pointed out that the bank dun branch was opened in the presence of members of the provincial council and the district director dun.

He explained that the bank branches reached 163 branches after it has been the opening of new branches in the distribution of petroleum products company and a branch Comerk Gallstone great branch in Diyala province, Msheeraaly having similar plans for the opening and rehabilitation of domestic and international new branches.

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17-12-2016 12:43 PM
image.php?token=a5c81421ac159e540c6893903558b073&size=
 


 

 

The central bank announced the reopening of the Rafidain Bank in the city of Ramadi, Anbar province, the center early next year.

According to a statement of the bank An'msrv Rivers it will open its doors in the city of Ramadi on three of the next year in 2017 after obtaining the approval of the central bank governor and the General Administration of the Rafidain Bank. "

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History of edits:: 12/17/2016 10:10 • 370 visits readable
Rafidain Bank increases the number of its branches to 163 branches
{Baghdad} Euphrates News announced Rafidain Bank on Saturday, increasing the number of its branches to 163 branches, having been recently dun opening of a branch in the province of Maysan.
According to a statement of the bank, received by the agency {Euphrates News}, a copy of it, it "opened a new branch in Maysan, part of the expansion of its services to clients and cover larger geographical area plan." 
He added, " The bank dun branch was opened in the presence of members of the provincial council and the district director dun , " noting that " the bank branches reached 163 branches after it has been opening new branches in the distribution of petroleum products company and a branch Comerk Gallstone great branch in Diyala province." 
The statement noted "the existence of similar plans for the opening and rehabilitation of domestic and international new branches" .anthy
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01-01-2017 12:19 PM
image.php?token=3a42383cfa37de5f08de279ea700be52&size=
 


 

 

Rafidain Bank announced the move brotherhood 181 branch from his position in Andalusia branch building to its previous object in Sadr City.


The press office of the bank that he 'has re fraternity branch to his previous position in Sadr City [Jawadr], and that the doors of the bank's branch in the region open to receive citizens and provide better banking services to them.'

 

 

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Rafidain Bank announces the transition of the Sisterhood branch location in Sadr City




Rafidain Bank announces the transition of the Sisterhood branch location in Sadr City.


01/01/2017


(Independent). 

Rafidain Bank announced about transmission delay in 181 branch building of the former location Andalusia branch object in Sadr City.

The Bank's information Office said in a statement that the former position re Sisterhood branch in Sadr City (algwadar), noting that the doors of the Bank branch in the area open to receive citizens and offer better services to them. (End)

Link

 

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Iraq declares near the opening of branches in Baghdad and the provinces

economy

 Since 02.11.2017 at 10:27 (Baghdad time)

30.jpg

Baghdad balances News

Rafidain Bank announced on Saturday, all near the opening of branches in Baghdad and the provinces, pledging to provide the best banking services to citizens.

The media office of the bank said in a statement received / balances News / copy of it, "the bank to develop a plan for the development of its branches in Baghdad and the provinces and the show properly," pointing to "rehabilitate the role of the officers branch in Zayouna in Baghdad and the creation of a new building of the branch of al-Hamza in Diwaniya."

The statement added, that "it was also the completion of the establishment of Husseiniya branch building in Baghdad, as well as the announcement of the establishment of ten buildings in a number of provinces and soon opened," .anthy 29 / A 43

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History of edits:: 11/02/2017 8:41 • 113 visits readable
Opening soon for a number of branches of the Rafidain Bank in Baghdad and the provinces
[Oan- Baghdad] 
Rafidain Bank announced the rehabilitation and the creation of a number of its branches in Baghdad and the provinces and opened in the coming days.
The media office of the bank said in a statement received by all of Iraq [where] a copy of it, that " the bank to develop a plan for the development of its branches in Baghdad and the provinces and show properly." 
He pointed to "rehabilitate the role of branch officers in Zayouna in Baghdad and the creation of a new building of the branch of al - Hamza in Diwaniya." 
He added , "it was also the completion of the establishment of a branch building Husseiniya in Baghdad as well as the announcement of the establishment of ten buildings in a number of provinces opened , and soon."
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11-02-2017 03:20 PM
image.php?token=a473ce05ac5cf749eba1fab12fc50cf8&size=
 


 

 

Rafidain Bank announced the rehabilitation and the creation of a number of its branches in Baghdad and the provinces and opened in the coming days. 

The press office of the bank, that the 'Bank to develop a plan for the development of its branches in Baghdad and the provinces and show properly.' 

He pointed to 'rehabilitate the role of branch officers in Zayouna in Baghdad and the creation of a new building of the branch of al - Hamza in Diwaniya'. 

He added that he 'was also the completion of the establishment of a branch building Husseiniya in Baghdad as well as the announcement of the establishment of ten buildings in a number of provinces and opened , soon.'

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When I read "Rivers" I thought the casino group was moving in there. I was ready to go out an buy more dinars!!                                 

But, with all the bombs dropping, douchbags poppin', and the banks a'hoppin, I think I will buy more dinars anyway.  

Cheers!

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  • yota691 changed the title to Stability of the exchange rate of the Iraqi dinar and some currencies at closing
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