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yota691

As security improves, Iraq banks seek a rebound.

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Economy News Baghdad:

Examined the government and private and foreign banks operating in Iraq with US Treasury officials in the Iraqi private banks association headquarters open relations with foreign banks, particularly US banks. 

 The Iraqi Association of private banks in a press release received "Economy News" copy of it, "we organized a panel discussion in the presence of a representative of the Central Bank Mazen morning and the representative of the Union of Arab Banks Khawla al-Asadi and a member of the Committee on Economy Parliamentary Mahdi Al-Hafiz and managers of private and government banks and heads of branches of Arab and foreign banks operating in Iraq with the Minister Plenipotentiary for economic Affairs at the US embassy Larry Mimut and the representative of the US Treasury in Iraq. "

She added that "dialogue session aimed at opening a new page of relations with foreign and specifically with US banks banks", indicating that "the committee formed under the chairmanship of the Central Bank of Mazen morning, and it was agreed to form a delegation comprising government and private banks to visit the United States and establish strong relationships with correspondent banks US specifically. "

She noted that "the Arab American banking conference will be held in New York on the sixteenth of the month of October next and Iraq will participate with a delegation senior banker," pointing out that "there is great confidence got between the Iraqi Association of private banks and the US Treasury."

On the other hand, Minister Plenipotentiary for Economic Affairs at the US embassy Larry Mimut said, during the meeting, "seen on the activities carried out by the Iraqi Association of private banks, including charity and human capacity development working in the banking sector through training, specifically in the fight against money laundering and terrorism financing file."

He pointed out that "the banking sector and one of the main reasons for the development of the Iraqi economy, and we will work with those who support it to develop and encourage Iraqi banks to open relations with the US private banks association."

He called Mimut private banks to "the need to find new ways to lend to small businesses because it contributes to the development of the relationship between banks and foreign companies that will lead to the development of relations with foreign banks," pointing out that "the US government can not impose anything on the private banks."

Meanwhile, the Central Bank representative at the meeting, Mazen morning, that "Iraq is committed to international standards, specifically in the areas of anti-money laundering and risk management, insurance and international accounting and that there is tightening from the central bank on the necessity of operating banks in Iraq to comply with these standards, especially after the issuance of classification of banks said" noting that "Iraq draws during the current phase of opening relations with the Arab and foreign banks, and we started to form a committee in this matter." 

On the other hand, he said the representative of the Union of Arab Banks, Chairman of the Rafidain Bank, Khawla al-Asadi, said that "the new Iraq classification is located in the follow-up area after leaving the gray area," noting that "Iraq's progress is very large in the fight against money laundering."

She stressed that "Arab financial reports indicate Iraq for advanced classification of the Arab world, and we are working to develop the relationship with foreign correspondent banks."

In turn, the Chairman of the International Development Bank Management, Ziad Khalaf, in an intervention during the meeting, said that "there are many Iraqi private banks are ready and in compliance with international standards and is fully prepared to open accounts with banks and foreign correspondent because of its cadre of outstanding policies and procedures are subject to global standards In addition to the integrated services. "

While, questioned Chairman of the South Bank of the Ali al-Zaidi, is the problem of opening bank accounts in international banks lies Iraqi banks or foreign banks, and specifically the US.

In the meantime, the Bank of Baghdad director of the Commissioner, on behalf of Aldahi spoke, "The government banks acquires banking business in Iraq because of government policies supported by the banking sector account."

 

Views 27   Date Added 07/19/2017

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3 hours ago
Last updated
10:36 AM
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BAGHDAD / Press tomorrow: 
discussed government and private and foreign banks operating in Iraq on Wednesday, with US Treasury officials in the Iraqi private banks association headquarters open relations with foreign banks, particularly US banks.
 
 

The Iraqi Association of private banks in a statement received "Tomorrow Press", a copy of it, "we organized a panel discussion in the presence of a representative of the Central Bank Mazen morning and the representative of the Union of Arab Banks Khawla al - Asadi and a member of the Committee on Economy Parliamentary Mahdi Al - Hafiz and managers of private and government banks and heads of branches of Arab and foreign banks operating in Iraq with the Minister Plenipotentiary for economic Affairs at the US embassy Larry Mimut and the representative of the US Treasury in Iraq. " 
She added that "dialogue session aimed at opening a new page of relations with foreign and specifically with US banks banks", indicating that " the committee formed under the chairmanship of the Central Bank of Mazen morning and agreed to form a delegation comprising government and private banks to visit the United States and establish strong relationships with correspondent specifically banks US. " 
She noted that " the Arab American banking conference will be held in New York on the sixteenth of the month of October next and Iraq will participate with a delegation senior banker," pointing out that "there is great confidence got between the Iraqi Association of private banks and the US Treasury." 
On the other hand, Minister Plenipotentiary for Economic Affairs at the US embassy Larry Mimut said, during the meeting, "seen on the activities carried out by the Iraqi Association of private banks , including charity and human capacity development working in the banking sector through training, specifically in the fight against money laundering and terrorism financing file." 
He pointed out that " the banking sector and one of the main reasons for the development of the Iraqi economy , and we will work with those who support it to develop and encourage Iraqi banks to open relations with the US private banks association." 
He called Mimut private banks to " the need to find new ways to lend to small businesses because it contributes to the development of the relationship between banks and foreign companies that will lead to the development of relations with foreign banks , " pointing out that " the US government can not impose anything on the private banks." 
Meanwhile, the representative of the Central Bank, Mazen morning, that "Iraq is committed to international standards, specifically in the areas of anti - money laundering and risk management, insurance and international accounting and tightening from the central bank on the necessity of operating banks in Iraq to comply with these standards , especially after the issuance of classification of banks said , " noting that "Iraq draws during the current phase of opening relations with the Arab and foreign banks , and we started to form a committee in this matter." 
On the other hand, he said the representative of the Union of Arab Banks, Chairman of the Rafidain Bank, Khawla al - Asadi, said that " the new Iraq classification is located in the follow - up area after leaving the gray area , " noting that "Iraq 's progress is very large in the fight against money laundering." 
She stressed that "Arab financial reports indicate Iraq for advanced classification of the Arab world, and we are working to develop the relationship with foreign correspondent banks." 
In turn, the International Development Bank, Ziad Khalaf Director, in an intervention during the meeting, said that "there are many Iraqi private banks are ready and in compliance with international standards and is fully prepared to open accounts with banks and foreign correspondent because of its cadre of outstanding policies and procedures are subject to global standards in addition to integrated services. " 
While, questioned Chairman of the South Bank of the Ali al - Zaidi, is the problem of opening bank accounts in international banks lies Iraqi banks or banks of foreign and specifically the US. " 
In the meantime, the Bank of Baghdad Commissioner Director , speaking on behalf of Aldahi, said that" State - owned banks account for banking in Iraq because of government policies supported by the banking sector account. "
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July 19, 2017 | 13:18   -   Number of readings: 39 Show
 
Association of Iraqi banks and the US Treasury are discussing opening relations with foreign banks

Network Iraqi position

 

He confirmed the government and private and foreign banks operating in Iraq Association, on Wednesday, they discussed with US Treasury officials to open relations with foreign banks, particularly US banks.

 

According to a statement seen by the association "Iraqi position" that "the committee formed under the chairmanship of the Central Bank of Mazen morning and agreed to form a delegation comprising government and private banks to visit the United States and establish strong relationships with correspondent banks and the US specifically."

 

She added that the "Arab American banking conference will be held in New York on the sixteenth of the month of October and Iraq will participate with a delegation senior banker," pointing out that "there is great confidence got between the Iraqi Association of private banks and the US Treasury."

 

On the other hand, Minister Plenipotentiary for Economic Affairs at the US Embassy Larry Mimut said, during the meeting, "seen on the activities carried out by the Iraqi Association of private banks, including charity and human capacity development working in the banking sector through training and specifically in the fight against money laundering and terrorist financing file."

 

He pointed out that "the banking sector and one of the main reasons for the development of the Iraqi economy, and we will work with those who support it to develop and encourage Iraqi banks to open relations with the American Association of private banks."

 

He called Mimut private banks to "the need to find new ways to lend to small businesses because it contributes to the development of the relationship between banks and foreign companies that will lead to the development of relations with foreign banks," pointing out that "the US government can not impose anything on the private banks."

 

Meanwhile, the representative of the Central Bank, Mazen morning, that "Iraq is committed to international standards, specifically in the areas of anti-money laundering and risk management, insurance and international accounting and tightening from the central bank on the necessity of operating banks in Iraq to comply with these standards, especially after the issuance of classification of banks said," noting that "Iraq draws during the current phase of opening relations with the Arab and foreign banks, and we started to form a committee in this matter."

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19-07-2017 03:19 PM
image.php?token=181cd207c7967e99cf5d6eac876600a8&size=
 


 

 

Iraqi Central Bank announced on Wednesday the formation of a committee to open relations with the Arab and foreign banks, as he emphasized that Iraq is committed to international standards, specifically in the areas of anti - money laundering and risk management, insurance and international accounting. 

The association said in a statement, it 'organized a panel discussion in the presence of a representative of the Central Bank Mazen morning and the representative of the Union of Arab Banks Khawla al - Asadi and a member of the Committee on Economy Parliamentary Mahdi Al - Hafiz and managers of private and government banks and heads of branches of Arab and foreign banks operating in Iraq with the Minister Plenipotentiary for Economic Affairs at the US embassy Larry Mimut and representative US Treasury in Iraq. " 

The statement quoted the general manager of investment in the bank Mazen morning as saying that 'Iraq is committed to international standards, specifically in the areas of anti - money laundering and risk management, insurance and international accounting and that there is tightening from the central bank on the necessity of operating banks in Iraq to comply with these standards , especially after the issuance of classification of banks' . 

The morning that 'Iraq 's orientation during the current phase of opening relations with the Arab and foreign banks , and we started to form a committee in this matter. " 

On the other hand, the representative of the Union of Arab Banks, Chairman of the Rafidain Bank, Khawla al - Asadi, said that the 'new Iraq is classified in the follow - up area after leaving the gray area', noting that 'Iraq 's progress is very large in the fight against money laundering , ' she said. 

Confirmed al - Asadi, the 'Arab financial reports indicate Iraq for advanced classification of the Arab world, and we are working to develop the relationship with foreign correspondent banks'.

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Good morning Yota!!!!!!!!!

 

wow!!!!!!  

 

:undocumented::undocumented::undocumented:

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new Iraq is classified in the follow - up area after leaving the gray area', 

 

sounds like released from chapter 7 and into chapter 8

 

You rock Yota!!!!

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1 hour ago, Boozer said:

am I wrong, but do you not need a currency worth something First ?

Apparently not!  Picked up dinar at area bank at the value it has now ... ( Years ago)

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 This is all going very fast if true. SUNDAY SUNDAY SUNDAY :woot::woot:

:bow::bow: Your Yotaness !!!!

 

8 minutes ago, gregp said:

new Iraq is classified in the follow - up area after leaving the gray area', 

 

sounds like released from chapter 7 and into chapter 8

 

  :praying::praying:

 

 

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3 minutes ago, nannab said:

 This is all going very fast if true. SUNDAY SUNDAY SUNDAY :woot::woot:

:bow::bow: Your Yotaness !!!!

 

 

 

I'm perfectly fine with SUNDAY!  Let's get it please Lord let this come to pass.  :)

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Yota Yota Yota !!! Yota for president ! That's the way to start Wednesday off ! This is really getting good ! Now if I can remember just where did I put my IQD. ;)

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It IS curious that we know that they would need to be out from Chapter 7, but they don't even mention it as an obstacle.  It's like they already know they'll be released, so why bother bringing it up.....

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Iraqi banks are looking with the US Treasury to open relations with foreign banks
 
1135.jpg
 
text.png html.png print.png
 
arrow.gif Banks
 
 

Economy News Baghdad:

Examined the government and private and foreign banks operating in Iraq with US Treasury officials in the Iraqi private banks association headquarters open relations with foreign banks, particularly US banks. 

 The Iraqi Association of private banks in a press release received "Economy News" copy of it, "we organized a panel discussion in the presence of a representative of the Central Bank Mazen morning and the representative of the Union of Arab Banks Khawla al-Asadi and a member of the Committee on Economy Parliamentary Mahdi Al-Hafiz and managers of private and government banks and heads of branches of Arab and foreign banks operating in Iraq with the Minister Plenipotentiary for economic Affairs at the US embassy Larry Mimut and the representative of the US Treasury in Iraq. "

She added that "dialogue session aimed at opening a new page of relations with foreign and specifically with US banks banks", indicating that "the committee formed under the chairmanship of the Central Bank of Mazen morning, and it was agreed to form a delegation comprising government and private banks to visit the United States and establish strong relationships with correspondent banks US specifically. "

She noted that "the Arab American banking conference will be held in New York on the sixteenth of the month of October next and Iraq will participate with a delegation senior banker," pointing out that "there is great confidence got between the Iraqi Association of private banks and the US Treasury."

On the other hand, Minister Plenipotentiary for Economic Affairs at the US embassy Larry Mimut said, during the meeting, "seen on the activities carried out by the Iraqi Association of private banks, including charity and human capacity development working in the banking sector through training, specifically in the fight against money laundering and terrorism financing file."

He pointed out that "the banking sector and one of the main reasons for the development of the Iraqi economy, and we will work with those who support it to develop and encourage Iraqi banks to open relations with the US private banks association."

He called Mimut private banks to "the need to find new ways to lend to small businesses because it contributes to the development of the relationship between banks and foreign companies that will lead to the development of relations with foreign banks," pointing out that "the US government can not impose anything on the private banks."

Meanwhile, the Central Bank representative at the meeting, Mazen morning, that "Iraq is committed to international standards, specifically in the areas of anti-money laundering and risk management, insurance and international accounting and that there is tightening from the central bank on the necessity of operating banks in Iraq to comply with these standards, especially after the issuance of classification of banks said" noting that "Iraq draws during the current phase of opening relations with the Arab and foreign banks, and we started to form a committee in this matter." 

On the other hand, he said the representative of the Union of Arab Banks, Chairman of the Rafidain Bank, Khawla al-Asadi, said that "the new Iraq classification is located in the follow-up area after leaving the gray area," noting that "Iraq's progress is very large in the fight against money laundering."

She stressed that "Arab financial reports indicate Iraq for advanced classification of the Arab world, and we are working to develop the relationship with foreign correspondent banks."

In turn, the Chairman of the International Development Bank Management, Ziad Khalaf, in an intervention during the meeting, said that "there are many Iraqi private banks are ready and in compliance with international standards and is fully prepared to open accounts with banks and foreign correspondent because of its cadre of outstanding policies and procedures are subject to global standards In addition to the integrated services. "

While, questioned Chairman of the South Bank of the Ali al-Zaidi, is the problem of opening bank accounts in international banks lies Iraqi banks or foreign banks, and specifically the US.

In the meantime, the Bank of Baghdad director of the Commissioner, on behalf of Aldahi spoke, "The government banks acquires banking business in Iraq because of government policies supported by the banking sector account

 

http://economy-news.net/conten.....hp?id=8315

 

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(by jjonesmx)

International Islamic Bank gets a security certificate and confidentiality of information

0b9c13794faa351d3e285b43f03424db?s=24&d=mm&r=g Walter
22 mins ago
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1143.jpg
Part of the celebration organized by the International Islamic Bank on the occasion of receiving a security certificate information “Economy News”
 

 

Baghdad:

The International Islamic Bank, on Wednesday, receiving a global certificate for the security and confidentiality of information from SNR donor company for quality certification.

The managing director of the International Islamic Bank’s Suha Zaki, for “economy News”, “International Islamic Bank has obtained a certificate of ISO / ICE27001: 2013 in the security and confidentiality of information and is the first certificate granted in Iraq, the private banking sector.”

She added that “the ISO certificate obtained by the bank representing the discipline of the bank to issue MasterCard card and compliance with international standards and regulations of the Central Bank of

 

https://www.google.com/amp/s/search4dinar.wordpress.com/2017/07/19/international-islamic-bank-gets-a-security-certificate-and-confidentiality-of-information/amp/

 

 

 

 

International Islamic Bank gets a security certificate and confidentiality of information
 

1143.jpg

 

Part of the celebration organized by the International Islamic Bank on the occasion of receiving a security certificate information "Economy News"
text.png html.png print.png
 
arrow.gif Banks
 
 

Economy News Baghdad

The International Islamic Bank, on Wednesday, receiving a global certificate for the security and confidentiality of information from SNR donor company for quality certification.

The managing director of the International Islamic Bank's Suha Zaki, for "economy News", "International Islamic Bank has obtained a certificate of ISO / ICE27001: 2013 in the security and confidentiality of information and is the first certificate granted in Iraq, the private banking sector."

She added that "the ISO certificate obtained by the bank representing the discipline of the bank to issue MasterCard card and compliance with international standards and regulations of the Central Bank of Iraq

 

http://economy-news.net/conten.....hp?id=8322

 

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Getting the banking system ready for international business.!

 

Go economic project

Go new monetary policy 

Go RV

Go $1:1

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24 minutes ago, Laid Back said:

Getting the banking system ready for international business.!

 

Go economic project

Go new monetary policy 

Go RV

Go $1:1

Yes sir !Yes sir!

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13 minutes ago, gregp said:

Yes sir !Yes sir!

gregp, :twothumbs:

The RV train is moving forward to the final destination.!

:moneybag::moneybag::moneybag:

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Please please be so. I have so many things I want to experience in life still and that takes moolah! :)

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2 hours ago, Laid Back said:

gregp, :twothumbs:

The RV train is moving forward to the final destination.!

:moneybag::moneybag::moneybag:

It's going to arrive fast now!!

:cigar:

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