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Release date:: 2019/12/31 12:31 • 99 read times
Rafidain Bank wins membership of the Iraqi Deposit Guarantee Company
BAGHDAD: Al-Rafidain Bank announced on Tuesday that it won membership of the board of directors of the Iraqi Deposit Guarantee Company along with other banks in elections held at the headquarters of the Association of Private Banks.
The bank said in a statement received (Euphrates News) a copy, that "the bank won the membership of the Iraqi company to ensure deposits, a joint-stock company with a capital of 100 billion dinars in the presence of the Central Bank of Iraq and banks and financial institutions."
He added that "the number of shares of the company distributed between 25% of government banks and 30% were distributed between commercial banks and foreign branches and the National Pension Authority, while 45% of the shares were offered for public subscription."
He pointed out that "this company is one of the most important companies established at the moment because it aims to protect depositors and preserve their rights and restore confidence to the banking sector and encourage savings and public awareness of the system of guaranteeing deposits inside Iraq and manage the process of compensating depositors efficiently and effectively."
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  • yota691 changed the title to Seven banks won the membership of the Board of Directors of the Iraqi Deposit Guarantee Company
 
 
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The Iraqi Private Banks Association announced on Tuesday that seven private and government banks have won the membership of the board of directors of the Iraqi Deposit Guarantee Company.

The Executive Director of the Association Ali Tariq in a statement received Alsumaria News copy, that "a meeting was held for the General Assembly of the Iraqi company to ensure deposits, a joint stock company with a capital of 100 billion dinars, in the presence of the Central Bank of Iraq and the Department of Companies Registration in the Ministry of Commerce and the Iraqi Stock Exchange The members are from private and government banks and the board of directors of the original and reserve company was elected.
 
"The number of shares of the company is distributed between 25% for government banks and 30% between commercial banks, foreign branches and the National Pension Authority, while 45% of the shares were offered for public subscription," Tarek said.

He pointed out that " the winning membership of the banks board of directors is the Rafidain and industrial investment and development, the National Iraqi and Assyria and the company guarantees , " explaining that " the banks that won the membership of the reserve is the rational and the Iraqi Trade (TBI), credit, national, Mansour, accreditation and Erbil ."
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Rafidain Bank announced on Tuesday that it won the membership of the board of directors of the Iraqi Deposit Insurance Company along with other banks in elections held at the headquarters of the Association of Private Banks.

The bank said in a statement received Alsumaria News a copy of it, it won "membership of the Iraqi company to ensure deposits, a joint stock company with a capital of 100 billion dinars in the presence of the Central Bank of Iraq and banks and financial institutions."
 
 


The bank pointed out that the number of shares of the company distributed between 25% of government banks and 30% were distributed between commercial banks and foreign branches and the National Retirement Authority, while 45% of the shares were offered for public subscription.

He added, "This company is one of the most important companies established at the moment because it aims to protect depositors and preserve their rights and restore confidence to the banking sector and encourage savings and awareness of the public system to guarantee deposits inside Iraq and manage the process of compensation of depositors efficiently and effectively."



The Council of Ministers approved, in 2016, the issuance of the system of guaranteeing bank deposits provided by the Central Bank of Iraq and audited by the State Shura Council, with the failure to include government deposits in government banks provisions of the system.

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Rafidain Bank wins membership of the Iraqi Deposit Guarantee Company

Economy | 12:46 - 03/12/2019

 
image
 
 

 

BAGHDAD -
Al-Rafidain Bank announced on Tuesday that it won the membership of the board of directors of the Iraqi company to guarantee deposits along with other banks in elections held at the headquarters of the Association of Private Banks.
 The bank said in a statement received (Mawazine News), a copy of it, that "the bank won the membership of the Iraqi company to guarantee deposits, a joint-stock company with a capital of 100 billion dinars in the presence of the Central Bank of Iraq and banks and financial institutions."
He added that "the number of shares of the company distributed between 25% of government banks and 30% were distributed between commercial banks and foreign branches and the National Retirement Authority, while 45% of the shares were offered for public subscription," pointing out that "this company is one of the most important companies that are founded at the moment because it aims To protect depositors, preserve their rights, restore confidence in the banking sector, encourage savings, raise public awareness of the deposit guarantee system within Iraq and manage the process of compensating depositors efficiently and effectively.

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18137.jpg
Part of the elections. "Economy News"
  

 Banks


Economy News - Baghdad

The Association of Iraqi private banks, has won 7 private and government banks membership of the Board of Directors of the Iraqi company to ensure deposits elections of the General Assembly, which took place at the headquarters of the Association.

The Executive Director of the Association of Iraqi private banks, Ali Tariq, said that a meeting was held for the General Assembly of the Iraqi Company for the Guarantee of Deposits, a joint-stock company with a capital of 100 billion dinars in the presence of the Central Bank of Iraq and the Department of Companies Registration in the Ministry of Trade and the Iraqi Stock Exchange and the Pension Authority and members of private and government banks The board of directors of the company was elected as the original and reserve.

He added that the number of shares of the company distributed between 25% of government banks and 30% were distributed between commercial banks and foreign branches and the National Pension Authority, while 45% of the shares were offered for public subscription.

He pointed out that the winning banks on the board of directors are Rafidain, Industrial, Investment, Development, Al-Ahli Iraqi, Assyria and Al Kafalat Company, pointing out that the banks that won the reserve membership are Al-Rasheed and Al-Iraqi Trading ( TBI ), Credit, National, Mansour, Al-Etimad and Erbil.

Tariq pointed out that this company is one of the most important companies established at the moment because it aims to protect depositors and preserve their rights and restore confidence to the banking sector and encourage savings and public awareness system to guarantee deposits inside Iraq and manage the process of compensation of depositors efficiently and effectively.

He pointed out that the compensation rate of depositors will reach a maximum of 150 million dinars, the highest compensation rate regionally and internationally.


Number of Views 81   Date Added 03/12/2019

 
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The Iraqi banking system continues moving forward.

 

The Iraqi company to guarantee deposit is meant to ensure public confidence in the Iraqi financial system. While it may seem like insuring your funds is a purely personal benefit, the Iraqi company to guarantee deposits also mitigates potential negative effects on the economy and financial system when a bank fails.

 

Go CBI 

Go banking system 

Go RV

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  7 banks won the membership of the Board of Directors of the Iraqi company to guarantee deposits
 
18137.jpg
Part of the elections. "Economy News"
    http://economy-news.net/content.php?id=18400

 Banks


Economy News - Baghdad

The Association of Iraqi private banks, has won 7 private and government banks membership of the Board of Directors of the Iraqi company to ensure deposits elections of the General Assembly, which took place at the headquarters of the Association.

The Executive Director of the Association of Iraqi private banks, Ali Tariq, said that a meeting was held for the General Assembly of the Iraqi Company for the Guarantee of Deposits, a joint-stock company with a capital of 100 billion dinars in the presence of the Central Bank of Iraq and the Department of Companies Registration in the Ministry of Trade and the Iraqi Stock Exchange and the Pension Authority and members of private and government banks The board of directors of the company was elected as the original and reserve.

He added that the number of shares of the company distributed between 25% of government banks and 30% were distributed between commercial banks and foreign branches and the National Pension Authority, while 45% of the shares were offered for public subscription.

He pointed out that the winning banks on the board of directors are Rafidain, Industrial, Investment, Development, Al-Ahli Iraqi, Assyria and Al Kafalat Company, pointing out that the banks that won the reserve membership are Al-Rasheed and Al-Iraqi Trading ( TBI ), Credit, National, Mansour, Al-Etimad and Erbil.

Tariq pointed out that this company is one of the most important companies established at the moment because it aims to protect depositors and preserve their rights and restore confidence to the banking sector and encourage savings and public awareness system to guarantee deposits inside Iraq and manage the process of compensation of depositors efficiently and effectively.

He pointed out that the compensation rate of depositors will reach a maximum of 150 million dinars, the highest compensation rate regionally and internationally.


Number of Views 152   Date Added 03/12/2019

 


 

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LINK

Seven banks won membership in the Board of Directors of the Iraqi Deposit Guarantee Company

 

98566332-696x464.jpg
 
 
10:40 - 03/12/2019
 
 

The Association of Iraqi private banks, on Tuesday, won 7 private and government banks membership of the Board of Directors of the Iraqi company to ensure deposits elections of the General Assembly, which took place at the headquarters of the Association.

The Executive Director of the Association of Iraqi private banks, Ali Tariq in a statement received / information / copy of it, that "a meeting of the General Assembly of the Iraqi company to ensure deposits, a joint-stock company with a capital of 100 billion dinars in the presence of the Central Bank of Iraq and the Department of Companies Registration in the Ministry of Commerce and the Iraqi market Securities, the Retirement Authority and members of private and government banks in which the members of the board of directors of the company were elected.

Tariq added that the number of shares of the company is distributed between 25% for government banks and 30% distributed between commercial banks and foreign branches and the National Pension Agency, while 45% of the shares were offered for public subscription. He pointed out that "the winning banks on the board of directors are Rafidain, industrial, investment and development and the Iraqi National and Assyria and the guarantees company, pointing out that the banks that won the membership of the reserve are rational and Iraqi Trade" TBI "and credit, national and Mansour, credit and Erbil.

Tariq pointed out that "this company is one of the most important companies established at the moment because it aims to protect depositors and preserve their rights and restore confidence to the banking sector and encourage savings and public awareness of the system of guaranteeing deposits within Iraq and manage the process of compensating depositors efficiently and effectively," noting that "the proportion of compensation Depositors will reach a maximum of 150 million dinars, the highest compensation rate regionally and internationally.

 

18 minutes ago, 6ly410 said:

7 banks won the membership of the Board of Directors of the Iraqi company to guarantee deposits

Part of the elections. 

 

7 Banks Are Way Too Many To Keep Track Of ! :blink:
 

 

 

Can U At Least Narrow It Down To The Ones That Weegie Has Gurus Camped Out In Front Of ...

 

:D  :D  :D 

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  • yota691 changed the title to Importance of deposit guarantee

Importance of deposit guarantee

Wednesday 04 December 2019 70

Importance of deposit guarantee

 
Dr.. In the name of Brahimi
 
The security and economic crises in any country usually cast a shadow over all economic sectors, and certainly the banking sector has a share of them, and it is no secret that this sector is very sensitive to crises, and is the maker of many global economic crises, especially in recent years after The relationship between the financial sector and the real sector has become very convergent. Therefore, organizations and countries are striving to keep abreast of the developments of financial engineering and the activities that may be generated, some of which may be outside the traditional frameworks of control and auditing.
In turn, the Iraqi banking sector, despite the remarkable development witnessed during the past years, but the obstacle of mistrust generated by the security and economic crises, which was reflected on some banks made monetary policy makers constantly looking for solutions that can contribute to bridging the trust gap between citizens and banks In order to strengthen the role of the latter in the mobilization of savings and re-flow to the real sectors, in this context witnessed this week a meeting of the General Assembly of the Iraqi company to ensure deposits, which is one of the most important solutions to enhance the confidence of citizens in the banking sector. S for this meeting to choose seven banks for membership of the Board of Directors, as well as selecting the reserve banks under the supervision of the Central Bank of Iraq and the presence of a number of institutions concerned.
The question I received from a number of friends: What is the expected role of this company? To answer, I say that we rely heavily on the work of this company, which represents an important international experience in this area, as it can restore the confidence of the citizen in the banking sector to protect their bank deposits, as the compensation rate of up to 150 million Iraqi dinars. It is noteworthy that this ratio is the highest globally, and therefore is expected to increase bank deposit operations and thus the ability of banks to grant credit and provide jobs, especially as the Iraqi economy has the elements of the industrial renaissance of human and material resources, which will be integrated with financing to achieve a new economic reality.
On the other hand, in order to activate the role of this company in building banking confidence, it should have a promotional and media strategy capable of spreading its message.
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  • yota691 changed the title to After years of banks collapsing .. Iraq launches a company to guarantee depositors' money

After years of banks collapsing .. Iraq launches a company to guarantee depositors' money

  • 26 minutes ago

The establishment of the Iraqi company to guarantee deposits after years of the collapse of some private banks (Al-Jazeera)

The establishment of the Iraqi company to guarantee deposits after years of the collapse of some private banks (Al-Jazeera)

Al-Jazeera Net - Baghdad

Announced in Baghdad last week the establishment of the Iraqi company to guarantee deposits after years of the collapse of some private banks and stand in the way of the development of the banking sector, which has a number of dealers with 22% of adults after the project to localize the salaries of state employees.

And several banks collapsed, especially in Iraq in the years that followed the year 2003, such as the banks, Al-Warka, Basra, Dar es Salaam, the economy, etc., and until now the depositors are demanding their money after bankruptcy of banks through demonstrations that they organize periodically in front of the buildings of financial institutions such as the central bank.

The capital of the Iraqi company to guarantee deposits is 100 billion dinars, "83.3 million dollars", and 42 private, governmental and foreign banks operating in Iraq contribute to it, in addition to the National Insurance Company and the state employees' pension fund.

Walid Idi, adviser to the governor of the Central Bank of Iraq, told Al-Jazeera Net that the company aims to enhance citizen's confidence in the banking sector.

The Iraqi state launched two projects, the first of which is the localization of the salaries of state employees, retirees, and social welfare, who number 7 million people, and the second is the deployment of electronic payment tools throughout the country, to increase the number of customers with the banking sector.

 

 Walid Idi assured that the company will protect the banking system and preserve the funds of depositors (Al-Jazeera)
 Walid Idi assured that the company will protect the banking system and preserve the funds of depositors (Al-Jazeera)

Protection of the banking system,
Idi stressed that all participating banks will inform their customers that their deposits are insured with a company to guarantee deposits, noting that the establishment of this company came in accordance with international standards and thus will make its way towards leadership.

He also explained that this company will protect the banking system, maintain depositors ’money and increase the banking culture, as the monthly insurance amounts to one dinar for every 10,000 dinars," $ 8.3 dollars ".

He pointed out that the company has the right to invest its money by depositing it in banks as fixed deposits and buying governmental and other securities.

According to the Law of the Iraqi Company for Deposits Guarantee, it does not supervise cash deposits for the value of credit facilities, bank deposits with the central bank, the legal reserve for banks, deposits of members of the board of directors of the contributing bank, and bank deposits deposited with another bank.

For his part, the executive director of the Iraqi Private Banking Association, Ali Tariq, said that the Iraqi Deposit Guarantee Company is a joint stock company and provides cover to ensure public deposits with banks operating inside Iraq only.

He pointed out that the company will establish two funds, the first is for investment and the other is for the contribution of Islamic banks, and that the immediate compensation will be a maximum of 150 million dinars for each depositor that the central bank decides to liquidate.


He pointed out that the establishment of this company will contribute to withdrawing chunky money in homes and entering it into the banking system, which will contribute to the development of the Iraqi economy.

According to Article 13 of the Banking Deposits Company Law, the amounts less than one hundred million dinars, the compensation rate will be 51%, while the amounts that are more than one hundred million dinars, the compensation rate will be 25%.

 

 Ali Tariq made it clear that the establishment of the Iraqi Deposit Insurance Corporation will contribute to withdrawing chunky money in homes, which will revive the Iraqi economy (Al-Jazeera)
 Ali Tariq made it clear that the establishment of the Iraqi Deposit Insurance Corporation will contribute to withdrawing chunky money in homes, which will revive the Iraqi economy (Al-Jazeera )

Loss of previous deposits
On the other hand, citizen Mohammed Al-Barzanji - who deposited approximately $ 40,000 in Al-Warka Bank before his bankruptcy - wondered about the fate of his money now after the company was established.

In his speech to Al-Jazeera Net, Al-Barzanji said that he called the central bank and the competent authorities since 2012 until now to return his money that he deposited in Al-Warka Bank, but to no avail, indicating that the answer that came after the establishment of the new company is concerned with current deposits and not deposits before its establishment.

He emphasized that our money was stolen by daylight and in front of the central bank and has not done anything so far, especially as the bank has removed from it the guardianship imposed by the central bank.

For his part, the economist Bassem Jamil Antoine said in his interview with Al Jazeera Net that the establishment of the deposit guarantee company will increase dealing with Iraqi private banks.


He stressed that the Iraqi state is required to find a quick solution to the owners of deposits in bankruptcy banks, because these have greatly affected the reputation of the banking sector, because of their lost right and the lack of state intervention to return it from those who stole it, indicating that the lack of establishment of this company made government banks dominate the banking sector, Because government banks are safer for Iraqis.

Source: Al-Jazeera

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  • yota691 changed the title to Say goodbye to cash circulation

Say goodbye to cash circulation

Sunday 08 December 2019 91

Say goodbye to cash circulation

 

 

Mohammed Sharif Abu Maysam
 

Reliance on modern technologies in the banking industry has become a foregone conclusion to achieve a set of goals that stand in the forefront of improving the quality of service and achieving public satisfaction, and reducing slack rings that usually provide a humid environment for the growth of parasites of corruption and money laundering, as well as a desire to improve the banking business to keep pace with performance development In the global banking industry, with the aim of ensuring an attractive environment for the flow of foreign capital.

However, the attempt to automate banking operations in light of an economic environment that suffers from many imbalances, is the result of a series of accumulations that we inherited from the stage of the totalitarian regime and the confusion of the transitional phase that devoted to the so-called "cash economy" and over which the parallel market space prevailed, needs serious measures It contributes to supporting the axis of introducing technologies in order to restore confidence with the public and encourage it to trade and exchange in the banking field, and thus withdraw the cash block to the banking trading arena, which the Central Bank estimates at about 70 percent of the issued cash, in order to advance the role of this rule. Obeyed in creating real development.
Hence the necessity of establishing the Iraqi company to guarantee deposits, which announced the formation of its board of directors last week.
In what establishes a financial relationship between the banking sector and the public that can pave the way for establishing a state of trust in the banking sector, attractions that depend not only on guaranteeing deposits, but also on protecting deposits from disclosure and scrutiny outside legal practices, and raising interest rates at rates commensurate with inflation rates, which will withdraw On the joints of all financial sector loops, such as the high rates of loan insurance rates, and the increase in confidence in the tax system through an effective tax pool and pressure on those involved in converting taxes into services, and this can be withdrawn to the extent that the tax policy moves to the methods of taxation DONC or reduction, including limiting tax evasion and increases the decline of the shadow economy is not registered in government institutions, at the same time as credit rates will increase prices encouraging interest commensurate with the market movement.
The commencement of the work of this company requires and the necessity to announce its activity in a manner that reveals the deposit guarantee system in all transparency, in a way that establishes to restore confidence in the banking sector and encourage the public to save, and it also requires stopping the chaos of instructions and sudden actions to which the public is exposed, the bureaucratic bureaucracy of the business and the abuse of degrading actions for customers In some banks, in parallel with the introduction of a comprehensive banking system based on modern technologies, at that time chunky money could get out of homes and the trading market would recede into the parallel market. Then we can bid farewell to what is known as the monetary economy.
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Iraq has had since 2003 the opportunity to change its government,  ruling structure etc as well as fix themselves in the financial arena. It's almost 2020, 17 years later and it's the same old same old. How long did it take Kuwait to RV? Oh that's right Kuwait didn't really RV. 

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Let's take a look at some previous wars and their aftermaths:

 

The Civil War Reconstruction Era took roughly a little over 12 years from Jan 1865 to Jul 1877.

 

The first World War led to an interwar period in which none of the nations involved never recovered from until well after the second world war. The interwar period was from Nov 1918 until Sept 1939. A period of 21 years.

 

After World War II nations had varying periods of recovery. The UK took decades to return to state of economic stability. West Germany took almost 15 years  to recover. Italy had recovered by the 1950s. Japan recovered enough by the 80s to become one of the strongest economies in the world. The United States had exponential growth from 1945 to 1975 due in large part of not having the fighting done on her soil. The Soviet Union also experienced  exponential growth in the aftermath of the war. Japan to this day still experiences radiation sicknesses from the bombs dropped onto its cities. There are other countries 

 

In the aftermath of the Korean war, NOKO's total industrial output averaged 39% above SOKO between 1953 and 1960 due to help from socialist nations. SOKO finally surpassed NOKO's industrial output  after 1960.

 

In the aftermath of the Vietnam War, Vietnam was heavily dependent on Comecon for trade. Which dissolved after the fall of the Berlin Wall in the early 90's leading to the collapse of the USSR.  It's been said had the Vietnam War not happened their output would have been at least 40% higher to this day. So in a sense Vietnam has not really recovered in economy in the aftermath of the war.

 

So it is not unusual for countries after a  war to take a while to recover. Some longer, some shorter, some not at all.   

Edited by Theseus
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9 hours ago, yota691 said:

Say goodbye to cash circulation

Sunday 08 December 2019 91

Say goodbye to cash circulation

 

 

Mohammed Sharif Abu Maysam
 

Reliance on modern technologies in the banking industry has become a foregone conclusion to achieve a set of goals that stand in the forefront of improving the quality of service and achieving public satisfaction, and reducing slack rings that usually provide a humid environment for the growth of parasites of corruption and money laundering, as well as a desire to improve the banking business to keep pace with performance development In the global banking industry, with the aim of ensuring an attractive environment for the flow of foreign capital.

However, the attempt to automate banking operations in light of an economic environment that suffers from many imbalances, is the result of a series of accumulations that we inherited from the stage of the totalitarian regime and the confusion of the transitional phase that devoted to the so-called "cash economy" and over which the parallel market space prevailed, needs serious measures It contributes to supporting the axis of introducing technologies in order to restore confidence with the public and encourage it to trade and exchange in the banking field, and thus withdraw the cash block to the banking trading arena, which the Central Bank estimates at about 70 percent of the issued cash, in order to advance the role of this rule. Obeyed in creating real development.
Hence the necessity of establishing the Iraqi company to guarantee deposits, which announced the formation of its board of directors last week.
In what establishes a financial relationship between the banking sector and the public that can pave the way for establishing a state of trust in the banking sector, attractions that depend not only on guaranteeing deposits, but also on protecting deposits from disclosure and scrutiny outside legal practices, and raising interest rates at rates commensurate with inflation rates, which will withdraw On the joints of all financial sector loops, such as the high rates of loan insurance rates, and the increase in confidence in the tax system through an effective tax pool and pressure on those involved in converting taxes into services, and this can be withdrawn to the extent that the tax policy moves to the methods of taxation DONC or reduction, including limiting tax evasion and increases the decline of the shadow economy is not registered in government institutions, at the same time as credit rates will increase prices encouraging interest commensurate with the market movement.
The commencement of the work of this company requires and the necessity to announce its activity in a manner that reveals the deposit guarantee system in all transparency, in a way that establishes to restore confidence in the banking sector and encourage the public to save, and it also requires stopping the chaos of instructions and sudden actions to which the public is exposed, the bureaucratic bureaucracy of the business and the abuse of degrading actions for customers In some banks, in parallel with the introduction of a comprehensive banking system based on modern technologies, at that time chunky money could get out of homes and the trading market would recede into the parallel market. Then we can bid farewell to what is known as the monetary economy.

Good news here. They want progress. 

 

Iran run roughshod over Iraq after Saddam went away.

 

They helped run their economy and politics into the dust. 

 

I truly believe that Obama signed that agreement with the Iranians to line pockets, with a bigger plan (my two cents). Getting Maliki to resign was just a swerve to the world in retrospect, now.

 

Abadi was just a tool. 

 

Sadr? I don't think he matters much. 

 

The clerics?

 

Hey, it's 2019, not 1980 anymore. 

 

It's a new generation of thinkers. 

 

Seems since Pence went to Iraq things have move quickly but will they keep moving forward? Will Iran blink, having cut off internet, etc? 

 

The RV? Who knows what economic system has been set in place for hyperinflation,/deflation for the last 17 years? 

 

No one.

 

Except the CBI,  the US,  and the IMF. 

 

Nothing was getting done until Trump took action. And Iran counted on that. It's pretty apparent now...

 

Carry on.

 

 

 

 

 

 

 

 

 

 

 

 

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1 hour ago, Sage449 said:

Thanks Theseus, I'm just concerned I won't live long enough to see it and enjoy the RV. 😬

Ditto thanks to you, justchecking123. Appreciate the encouragement. 

I got that same feeling! Time is definitely not on my side either. I really believe we will know how to handle this deal by spring of 2020! I said this back in June of 2019 when the RV didn’t happen! Which I believe if we don’t see an RV by March 2020, then 2020 is out the door too! I hope I’m wrong, but this is my opinion based on what I read and other sources! I think we really have a great shot for an RV this 1st quarter! Again only my opinion! 🤠

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17 minutes ago, Artitech said:

I really believe we will know how to handle this deal by spring of 2020!
I said this back in June of 2019 when the RV didn’t happen!


So Ur Thinkin' Maybe Sometime During This Next Decade Of The 2020’s ? :o 

 

 

Frickin’ Optimist ...

 

:D  :D  :D 

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Joe Sutherland

  • Senior Member
  • Joe Sutherland
  • Platinum VIP
     
29 minutes ago, Joe Sutherland said:

💥💥Could be risky getting everyone's hope up like that!💥💥

 

Hehehe🤣

 

Lol - Thx Joe ! And Be Sure To Say Hello To Ur Brother Kiefer During The Next 24 Hours For Me ! ;) 

 

 

I Sure As Hell Wouldn’t Want To Do Anything To Pi$$ Him Off !  :o 

 

jack-22.jpg

 

:D  :D  :D 
 

Edited by DinarThug
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35 minutes ago, DinarThug said:

Joe Sutherland

  • Senior Member
  • Joe Sutherland
  • Platinum VIP!" rel="">VIP
     

 

Lol - Thx Joe ! And Be Sure To Say Hello To Ur Brother Kiefer During The Next 24 Hours For Me ! ;) 

 

 

I Sure As Hell Wouldn’t Want To Do Anything To Pi$$ Him Off !  :o 

 

jack-22.jpg

 

:D  :D  :D 
 

 

😁😁Thug you keep me chuckling on a daily basis! 😁😁

 

🔥🔥Thanks for all your efforts to bring us the latest!🔥🔥

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On 12/3/2019 at 7:18 PM, DinarThug said:

LINK

Seven banks won membership in the Board of Directors of the Iraqi Deposit Guarantee Company

 

98566332-696x464.jpg
 
 
10:40 - 03/12/2019
 
 

The Association of Iraqi private banks, on Tuesday, won 7 private and government banks membership of the Board of Directors of the Iraqi company to ensure deposits elections of the General Assembly, which took place at the headquarters of the Association.

The Executive Director of the Association of Iraqi private banks, Ali Tariq in a statement received / information / copy of it, that "a meeting of the General Assembly of the Iraqi company to ensure deposits, a joint-stock company with a capital of 100 billion dinars in the presence of the Central Bank of Iraq and the Department of Companies Registration in the Ministry of Commerce and the Iraqi market Securities, the Retirement Authority and members of private and government banks in which the members of the board of directors of the company were elected.

Tariq added that the number of shares of the company is distributed between 25% for government banks and 30% distributed between commercial banks and foreign branches and the National Pension Agency, while 45% of the shares were offered for public subscription. He pointed out that "the winning banks on the board of directors are Rafidain, industrial, investment and development and the Iraqi National and Assyria and the guarantees company, pointing out that the banks that won the membership of the reserve are rational and Iraqi Trade" TBI "and credit, national and Mansour, credit and Erbil.

Tariq pointed out that "this company is one of the most important companies established at the moment because it aims to protect depositors and preserve their rights and restore confidence to the banking sector and encourage savings and public awareness of the system of guaranteeing deposits within Iraq and manage the process of compensating depositors efficiently and effectively," noting that "the proportion of compensation Depositors will reach a maximum of 150 million dinars, the highest compensation rate regionally and internationally.

 

 

7 Banks Are Way Too Many To Keep Track Of ! :blink:
 

 

 

Can U At Least Narrow It Down To The Ones That Weegie Has Gurus Camped Out In Front Of ...

 

:D  :D  :D 

You would make a good camel driver...

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4 hours ago, Sage449 said:

Thanks Theseus, I'm just concerned I won't live long enough to see it and enjoy the RV. 😬

Ditto thanks to you, justchecking123. Appreciate the encouragement. 

You know at one time, when I was around 9 years old, I thought I would never see all nine Star Wars movies made and then watched. Then it was the Harry potter movies and now it is the RV. Whether you love them or hate them, the Star Wars movies, they were made before I went into the nethers of the great beyond. Still haven't seen the last one but there is a better than a snowball's chance in hell that I will see the final episode of the greatest movie saga of all time. Let's hope we don't have a snowball fight down where the big red guy with the pointy tail and the three pronged poseidon resides before the RV. 

Edited by Theseus
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