yota691 Posted April 29, 2019 Report Share Posted April 29, 2019 Bank of Baghdad: The Central Bank of Iraq has succeeded in strengthening the pillars of monetary stability Bank of Baghdad logo. "Internet" Banks Economy News Baghdad: The Chairman of the Board of Directors of the Bank of Baghdad, Essam Ismail Sharif, that the Central Bank of Iraq has succeeded in strengthening the pillars of monetary stability in spite of the circumstances experienced by Iraq. "In 2018, the Central Bank of Iraq, through its strategy of managing monetary policy and strengthening the pillars of monetary stability despite the circumstances in which the country was going through, succeeded in overcoming these conditions," Sharif said in his annual report issued by the Bank of Baghdad. While maintaining the exchange rate of the dinar to the dollar within the parallel market prices. " He stressed that "the Central Bank continued to provide short and medium-term credit lines to finance the economic sectors, including small and medium-sized enterprises within the preferential interest rate, and in the liquidity side work to pay part of restricted cash with its branches in Sulaymaniyah and Arbil to Iraqi banks." He continued his leadership role in the development of electronic payment methods and the process of settling salaries in Iraq, and on the technical side issued the Central Bank of Iraq instructions for the application of capital adequacy according to the Basel III standard, which began to be applied experimentally on the data of the third quarter and fourth and will be adopted from the year 2019 ". He pointed out that "the Iraqi economy is expected to achieve growth of 6.5% during the year 2019, in light of improved macroeconomic factors and the deficit of the general budget of the state and the need for the country to reconstruction projects of infrastructure." He pointed out that "the Bank of Baghdad has been able to grow its financial position and size of customer deposits and achieve a part of the qualitative and quantitative achievements at the administrative and regulatory levels and maintain liquidity and improve the quality of assets, which will maintain its position within the Iraqi banking sector," explaining that "the capital adequacy ratio reached 127% Which exceed the indicators of global requirements and the Central Bank of Iraq. He pointed out that "to meet the requirements of customers at the bank has re-completed the spread of its distribution channels and develop, whether opening branches at their new sites and start rehabilitation of the branches of Mosul and Tikrit and Anbar to be within the branches operating in 2019 in addition to the expansion of electronic distribution channels in terms of exchange, A cashier and is planned to reach 62 cashiers. " Views 24 Date Added 29/04/2019 1 7 4 Quote Link to comment Share on other sites More sharing options...
blueskyline Posted April 29, 2019 Report Share Posted April 29, 2019 Thank You Yota. GM DV's .... 3 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted April 29, 2019 Report Share Posted April 29, 2019 bump 1 1 2 1 Quote Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted April 29, 2019 Report Share Posted April 29, 2019 ady ady Santa's Fat belly is gettin a little giggly wit all da 3 3 1 1 Quote Link to comment Share on other sites More sharing options...
Popular Post Laid Back Posted April 29, 2019 Popular Post Report Share Posted April 29, 2019 More GOOD news. Looks like in the third review of the IMF-SBA, the CBI will be removed from Art 8 restrictions.... meaning an international recognized currency. Go RV sooner than later Go $1:1 5 3 1 22 Quote Link to comment Share on other sites More sharing options...
3n1 Posted April 29, 2019 Report Share Posted April 29, 2019 12 minutes ago, Laid Back said: Looks like in the third review of the IMF-SBA, the CBI will be removed from Art 8 restrictions.... meaning an international recognized currency. heres hoping ... cheers dv 2 Quote Link to comment Share on other sites More sharing options...
jg1 Posted April 29, 2019 Report Share Posted April 29, 2019 Bump. Now, STOP THE AUCTIONS!!! 1 2 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted April 29, 2019 Report Share Posted April 29, 2019 3 hours ago, Laid Back said: More GOOD news. Looks like in the third review of the IMF-SBA, the CBI will be removed from Art 8 restrictions.... meaning an international recognized currency. Go RV sooner than later Go $1:1 I starting to feel it LB. 1 4 Quote Link to comment Share on other sites More sharing options...
Spartakus Posted April 29, 2019 Report Share Posted April 29, 2019 That's being said above, one would think that the next step immediately following the " banking inclusion week" is to increase the value of their currency; give the Iraqi citizens some purchasing power. Then I would say that Alak's job is complete. Before that he's monetary policy, whatever work he has done remains unfinished. 3 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted April 29, 2019 Report Share Posted April 29, 2019 4 hours ago, Laid Back said: More GOOD news. Looks like in the third review of the IMF-SBA, the CBI will be removed from Art 8 restrictions.... meaning an international recognized currency. Go RV sooner than later Go $1:1 Do we know when the third review is happening? Thanks LB 👍🏻 1 1 1 Quote Link to comment Share on other sites More sharing options...
nannab Posted April 29, 2019 Report Share Posted April 29, 2019 I think it is in August Half Crazy Runner . 14 minutes ago, Half Crazy Runner said: Do we know when the third review is happening? Thanks LB 👍🏻 1 2 5 Quote Link to comment Share on other sites More sharing options...
Carrello Posted April 30, 2019 Report Share Posted April 30, 2019 August 2019 1 1 6 Quote Link to comment Share on other sites More sharing options...
dinarin Posted April 30, 2019 Report Share Posted April 30, 2019 21 minutes ago, Carrello said: August 2019 Thank you Carrello time for me to get some more dinars with all so great news coming i can't avoid be pumped ¡ lol¡¡ 2 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted April 30, 2019 Report Share Posted April 30, 2019 5 hours ago, 3n1 said: heres hoping ... cheers dv Thanks for your input 3n1 Go hope Go Luck Go faith Go RV Go $1:1 2 hours ago, ChuckFinley said: I starting to feel it LB. That’s a good sign my friend👍🏼🙂 After reading the 137 pages of the IMF-SBA second review, I can see what they’re doing. From the latest news, specially the article above. I noticed the CBI has been following step by step all the IMF recommendations give to them in the second review of the IMF-SBA This is why I said “Looks like in the third review of the IMF-SBA, the CBI will be removed from Art 8 restrictions.... meaning an international recognized currency” Go RV sooner than later Go $1:1 1 3 Quote Link to comment Share on other sites More sharing options...
slb Posted April 30, 2019 Report Share Posted April 30, 2019 44 minutes ago, Carrello said: August 2019 Hmm.... That date looks familiar.... Quote Link to comment Share on other sites More sharing options...
DoD Posted April 30, 2019 Report Share Posted April 30, 2019 4 minutes ago, Laid Back said: Thanks for your input 3n1 Go hope Go Luck Go faith Go RV Go $1:1 That’s a good sign my friend👍🏼🙂 After reading the 137 pages of the IMF-SBA second review, I can see what they’re doing. From the latest news, specially the article above. I noticed the CBI has been following step by step all the IMF recommendations give to them in the second review of the IMF-SBA This is why I said “Looks like in the third review of the IMF-SBA, the CBI will be removed from Art 8 restrictions.... meaning an international recognized currency” Go RV sooner than later Go $1:1 Laid Back, you thinking it will be after August before we see a change? 1 1 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted April 30, 2019 Report Share Posted April 30, 2019 1 minute ago, DoD said: Laid Back, you thinking it will be after August before we see a change? My friend DoD, You know what happens when you give a date. Some People take it personally if nothing happens.. This is an speculative investment..... we are speculating with a country currency Window of opportunity..... third quarter 2019.....first quarter 2020 just my opinion...... I’m not a Guru😂 Go $1:1 1 2 5 Quote Link to comment Share on other sites More sharing options...
keylime Posted April 30, 2019 Report Share Posted April 30, 2019 1 hour ago, nannab said: I think it is in August Half Crazy Runner . I have a thing for August 😁 1 Quote Link to comment Share on other sites More sharing options...
keylime Posted April 30, 2019 Report Share Posted April 30, 2019 1 hour ago, Carrello said: August 2019 Like I said. I have a thing for August 👍 1 Quote Link to comment Share on other sites More sharing options...
DoD Posted April 30, 2019 Report Share Posted April 30, 2019 LD, that's all anybody has is a calculated quess on what these idiots will do. I do a lot of reading but I know your reasearch is better than mine. I am of the belief that until they can do something about the corruption an daily auctions nothing will happen. Iran also needs to be dealt with, like you I believe there's work still to be done.... 1 2 Quote Link to comment Share on other sites More sharing options...
Theseus Posted April 30, 2019 Report Share Posted April 30, 2019 (edited) 36 minutes ago, Laid Back said: Thanks for your input 3n1 Go hope Go Luck Go faith Go RV Go $1:1 That’s a good sign my friend👍🏼🙂 After reading the 137 pages of the IMF-SBA second review, I can see what they’re doing. From the latest news, specially the article above. I noticed the CBI has been following step by step all the IMF recommendations give to them in the second review of the IMF-SBA This is why I said “Looks like in the third review of the IMF-SBA, the CBI will be removed from Art 8 restrictions.... meaning an international recognized currency” Go RV sooner than later Go $1:1 Been saying this for several years and people scoffed. Welcome to the party. Edited April 30, 2019 by Theseus 2 1 3 Quote Link to comment Share on other sites More sharing options...
Carrello Posted April 30, 2019 Report Share Posted April 30, 2019 1 hour ago, dinarin said: Thank you Carrello time for me to get some more dinars with all so great news coming i can't avoid be pumped ¡ lol¡¡ Thank Laid Back. He's the one that brought in the info, but thank you. 😎 1 Quote Link to comment Share on other sites More sharing options...
Theseus Posted April 30, 2019 Report Share Posted April 30, 2019 (edited) Really? I said this back in December 2016 On 12/3/2016 at 9:29 PM, Theseus said: Well with the Three Year Stand By intent by Iraq in 2016 and agreed to by the IMF... not until after 2019. and have been saying this since then. Notice I said "intent" and meant agreement at that time. SOo pluhlease. I got so razzed from saying this people honesty thought that I did not think the RV would ever happen. Edited April 30, 2019 by Theseus 1 2 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted April 30, 2019 Report Share Posted April 30, 2019 2 hours ago, nannab said: I think it is in August Half Crazy Runner . 1 hour ago, Carrello said: August 2019 Thanks nannab & Carrello! 1 1 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted April 30, 2019 Report Share Posted April 30, 2019 19 minutes ago, Theseus said: Really? I said this back in December 2016 and have been saying this since then. Notice I said "intent" and meant agreement at that time. SOo pluhlease. I got so razzed from saying this people honesty thought that I did not think the RV would ever happen. Yes you have Theseus.... I’ll vouch.... I haven’t like hearing it but you’ve been saying it. 🎩 off to you. I still hope you’re wrong and we get it before Ramadanadingdong..... but August will do I guess. 1 2 4 Quote Link to comment Share on other sites More sharing options...
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