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CBI News 01/22/2019

yota691

By yota691,
in Iraq & Dinar Related News

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yota691 Grand Master

yota691

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 January 22, 2019
Governor of the Central Bank sponsors the first Iraqi conference of companies to mediate the sale and purchase of foreign currencies

 

Under the patronage of His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, the first Iraqi conference was held for companies that mediate the sale and purchase of foreign currencies, which was attended by the Director General of the Department of Banking and Credit Control in this bank, in addition to the participation of a large number of brokerage departments, the sale and purchase of foreign currencies and their owners A number of members of the House of Representatives and figures of financial and economic.

He stressed the sovereignty of the Central Bank Governor during a speech at the opening of the conference to the need to promote the reality of the work of companies mediating the sale and purchase of foreign currency to serve the Iraqi economy.

He referred to the requests of companies to mediate the sale and purchase of foreign currencies and discussed some of them during the conference, confirming that all applications will be studied with the concerned authorities in the Central Bank and the possibility of solving them in record time.

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yota691 Grand Master

yota691

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From yesterday news...

 

 
Monday, January 21
 
 
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Alsumaria News / Baghdad, said the central bank governor on the Keywords, Monday, possession of Iraq exchange companies are the largest in the region and the number of countries in the world, stressing that these companies are not just "small shops". 

"The number of exchange companies in Iraq is the largest in the region, but the largest in many companies located in the countries of the world," noting that "this reflects the importance of these companies and their role and the nature of the economic reality in the country "He said.

 


"The Central Bank is maintaining the stability of the exchange rate, which is a goal to achieve real growth and stability, which is the essence of monetary policy to achieve economic stability in the country and exchange companies are playing an important role in this framework and any imbalance will be reversed," adding that " Companies and make them close to keep pace with developments in the world. " 

Al-Alak pointed out that "the bank asked exchange companies to take steps is to assemble companies from the forces capable of development and keep pace with global development," pointing out that "some companies have forgiven for several reasons." 

"The world is currently living in an age where these companies can not be a small shop that opens in a short time and closes at a certain time, but these companies must perform vital work and provide services parallel to financial institutions," he said.

Most of the private banks and exchange offices in Iraq rely heavily on the central bank auction to obtain profits without performing its credit work.

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yota691 Grand Master

yota691

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 January 22, 2019
Academy of Special Needs Veterans and Cancer Warriors

 

With the support of the Central Bank of Iraq and within the fund of community initiatives Tamkeen funded by private banks and exchange companies, opened on Friday, January 18, 2019 HE Governor of the Central Bank of Iraq Mr. Ali Mohsen Ismail in the province of Basra Academy of Special Needs fighters and cancer fighters, which will contribute to reducing the burden About patients .

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yota691 Grand Master

yota691

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Tuesday 22 January
 
 
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BAGHDAD ( Reuters)- The Central Bank of Iraq (CBE) announced on Tuesday that it would extend letters of guarantee to exchange companies. 

The bank said in a statement received by Alsumaria News that "based on what was presented at the first conference of companies to mediate the sale and purchase of foreign currencies through the desire of some companies to mediate integration, it is decided to delay the extension of letters of guarantee to all exchange companies." 

"The exchange companies will be informed by the amount of the guarantee letter to the company's capital to be determined later," the bank said.

 


The Central Bank decided on January 9 that the period of validity of letters of guarantee issued by banks for the benefit of companies to mediate the sale and purchase of foreign currency for six months instead of one year. 

A letter of guarantee is a pledge issued by the bank at the request of the customer in which the bank undertakes to pay the value of the letter to the account of a third party, the beneficiary in the event of a claim to pay it from within a certain period.

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yota691 Grand Master

yota691

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2 minutes ago, yota691 said:

The Central Bank decided on January 9 that the period of validity of letters of guarantee issued by banks for the benefit of companies to mediate the sale and purchase of foreign currency for six months instead of one year. 

 
 January 09, 2019
Term of letter of guarantee

  

 »To / All Authorized Banks ( Letters of Guarantee ) .. Click here to download
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Butifldrm Apprentice

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Tuesday 22 January 2019 12:50 pm
| Number of readings:
The Central Bank is waiting to extend letters of guarantee to banking companies

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BAGHDAD - The Central Bank of Iraq (CBE) announced Tuesday that it has extended letters of guarantee to exchange companies.

The bank said in a statement that "based on what was put forward at the first conference of companies to mediate the sale and purchase of foreign currency through the desire of some companies to mediate integration decided to delay the extension of letters of guarantee for all exchange companies."

"The exchange companies will be informed by the amount of the guarantee letter to the company's capital to be determined later," the bank said. Finished

http://aynaliraqnews.com/index.php?aa=news&id22=112666

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yota691 Grand Master

yota691

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 Banks


Economy News _ Baghdad

The Central Bank of Iraq announced on Tuesday its intention to extend letters of guarantee to exchange companies.

"Based on what was put forward at the first conference of companies that mediate the sale and purchase of foreign currencies through the desire of some companies to mediate integration, it is decided to delay extending the letters of guarantee to all exchange companies," the bank said in a statement received by the economy.

"The exchange companies will be informed by the amount of the guarantee letter to the company's capital to be determined later," the bank said.

The Central Bank decided on January 9 that the period of validity of letters of guarantee issued by banks for the benefit of companies to mediate the sale and purchase of foreign currency for six months instead of one year.

A letter of guarantee is a pledge issued by the bank at the request of the customer in which the bank undertakes to pay the value of the letter to the account of a third party, the beneficiary in the event of a claim to pay it from within a certain period.


Views 30   Date Added 22/01/2019

 
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King Bean Newbie

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2 hours ago, Butifldrm said:

companies to mediate the sale and purchase of foreign currency

 

Thanks to Yota and Buti for these articles. These words...."sale and purchase of foreign currency"....implies international exchanges. Something Iraq can NOT do now. So, as LGD put it, this 'baby' is CLOSE.

                                                                                                                                 :twothumbs:

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NEPatriotsFan1 Veteran

NEPatriotsFan1

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1 hour ago, King Bean said:

 

Thanks to Yota and Buti for these articles. These words...."sale and purchase of foreign currency"....implies international exchanges. Something Iraq can NOT do now. So, as LGD put it, this 'baby' is CLOSE.

                                                                                                                                 :twothumbs:

I’m getting emotional.... might go run out and buy cigars to hand out to my friends! 

 

Proud Daddy that’s all :)

 

Have a good one King Bean

 

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davis411 Experienced

davis411

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1 hour ago, King Bean said:

 

Thanks to Yota and Buti for these articles. These words...."sale and purchase of foreign currency"....implies international exchanges. Something Iraq can NOT do now. So, as LGD put it, this 'baby' is CLOSE.

                                                                                                                                 :twothumbs:

Baby close

god I hope for twins

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