CBI News 05/13/2020

[yota691]

The central bank signs a banking arrangement document with the World Bank

 

  

 May 13, 2020

As part of its strategy to develop its foreign reserves management in line with current and future developments, the Central Bank of Iraq signed a banking arrangements document with the World Bank's Reserves Management & Consulting Program ( RAMP ) Reserves Advisory & Management Program 

This document aims to enable the Central Bank of Iraq to obtain technical support through the exchange of knowledge and experience in the field of investment portfolio management based on a performance indicator that helps to maximize financial resources, build human capital by exchanging knowledge and developing expertise in the financial field in accordance with best practices In the field of reserve management.

It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services, and is considered a meeting place for a network of specialists, and it serves more than (70) members around the world, most of them are from central banks, managing nearly (2) One trillion dollars of sovereign assets.

 

The Central Bank of Iraq

  information Office

  May 13, 2020

[yota691]

The central bank signs a banking arrangement document with the World Bank

 

Central Bank of Iraq building

Banks Economy News - Baghdad The Central Bank of Iraq announced, on Wednesday, the signing of a banking arrangement document with the World Bank's Reserves Management Advisory Program. The Central Bank said in a statement received by "Al-Iqtisad News", that "within the framework of its strategy to develop the management of its foreign reserves in line with current and future developments, the Central Bank of Iraq signed a banking arrangement document with the Reserves Management and Advisory Program of the World Bank (RAMP) Reserves Advisory & Management Program ". "This document aims to enable the Central Bank of Iraq to obtain technical support through the exchange of knowledge and experience in the field of investment portfolio management based on a performance indicator that helps to maximize financial resources, build human capital by exchanging knowledge and developing expertise in the financial field," the statement added. According to the best practices in the field of reserves management. " He continued, "This program was developed by the World Bank in 2000, with the aim of building capacity and providing consulting and asset management services, and is a meeting place for a network of specialists, and serves more than (70) members around the world, most of them from central banks, who manage nearly (2) $ 1 trillion in sovereign assets. "

Number of views 45   Date added 13/05/2020

[yota691]

The Central Bank signs a banking arrangement document with the World Bank

Economie

2020-05-13 | 04:46

 

 

663 views

The Central Bank of Iraq announced today, Wednesday, the signing of a banking arrangements document with the World Bank, indicating that the document aims to obtain technical support in a field that helps to maximize financial resources.

In a statement to the bank, Alsumaria News received a copy of it, it said that "within the framework of its strategy to develop the management of its foreign reserves in line with current and future developments, the Central Bank of Iraq signed a banking arrangement document with the Reserves Management Advisory Program of the World Bank (RAMP) Reserves Advisory & Management Program ".

 

 

The statement pointed out, "This document aims to enable the Central Bank of Iraq to obtain technical support through the exchange of knowledge and experience in the field of investment portfolio management based on a performance indicator that helps to maximize financial resources, build human capital through the exchange of knowledge and develop expertise in The financial field according to the best practices in the field of reserve management. "

He pointed out that "this program was developed by the World Bank in the year 2000, with the aim of building capacities and providing consulting and asset management services, and is a meeting place for a network of specialists, and serves more than (70) members around the world, most of them are from central banks, managing nearly ( 2) $ 1 trillion in sovereign assets. "

[yota691]

The Central Bank of Iraq signs a banking arrangement document to maximize resources with the World Bank

Central Bank of Iraq - Basra branch

 May 13, 2020 1:53 PM

Direct: The Iraqi Central Bank signed, today, Wednesday, a document on banking arrangements with the advisory program for reserves management affiliated to the World Bank.

The Central Bank said, in a statement, that this document aims to enable it to obtain technical support, through the exchange of knowledge and experience in the field of investment portfolio management based on the performance indicator.

The bank added, in its statement, that this helps in maximizing financial resources and building human capital through exchanging knowledge and developing expertise in the financial field in accordance with best practices in the field of reserve management.

It is reported that this program was developed by the World Bank in 2000. With the aim of building capacity and providing consulting and asset management services.

The program is a meeting place for a network of specialists, and serves more than 70 members around the world, most of them central banks, who manage nearly two trillion dollars of sovereign assets.

[dinardiggerisme]

Sounds like part of the Strategic Framework Agreement we have been waiting on for 17 years?

[jcav]

2 minutes ago, dinardiggerisme said:

Sounds like part of the Strategic Framework Agreement we have been waiting on for 17 years?

 

Yes it does.  And, from several different sources too.  

[WheresmyRV?]

Thanks Yota for bringing the news, great to see you back 😃

[gregp]

Awesome news, Mr. Yota. 

Here we go.

[yota691]

 

Wednesday, May 13, 2020 | 12:17 PM

| Views: 133

The central bank announces signing a document with the World Bank aimed at maximizing financial resources

 

 

 

Baghdad / ... The Central Bank of Iraq announced, on Wednesday, the signing of a banking arrangements document with the World Bank, indicating that the document aims to obtain technical support in a field that helps to maximize financial resources.

A statement of the bank received by "Eye of Iraq News" stated that "within the framework of its strategy to develop the management of its foreign reserves in line with current and future developments, the Central Bank of Iraq signed a banking arrangement document with the reserve management advisory program of the World Bank (RAMP) Reserves Advisory & Management" Program ".

The statement pointed out, "This document aims to enable the Central Bank of Iraq to obtain technical support through the exchange of knowledge and experience in the field of investment portfolio management based on a performance indicator that helps to maximize financial resources, build human capital through the exchange of knowledge and develop expertise in The financial field according to the best practices in the field of reserve management. "

He pointed out that "this program was developed by the World Bank in the year 2000, with the aim of building capacities and providing consulting and asset management services, and is a meeting place for a network of specialists, and serves more than (70) members around the world, most of them are from central banks, managing nearly ( 2) $ 1 trillion in sovereign assets. " Finished 2

[yota691]

The Central Bank of Iraq signs a banking arrangement document with the World Bank

•  Time: 05/13/2020 11:52:13
•  
•  Read: 2,483 times

  

{Baghdad: Al Furat News} The Central Bank of Iraq signed a banking arrangement document with the World Bank.

A statement to the Central Bank media said, "The Euphrates News Agency received a copy of it" within the framework of its strategy to develop the management of its foreign reserves in line with current and future developments. Management Program ".
And that "this document aims to enable the Central Bank of Iraq to obtain technical support through the exchange of knowledge and experience in the field of investment portfolio management based on a performance indicator that helps to maximize financial resources, build human capital through the exchange of knowledge and develop expertise in the financial field According to the best practices in the field of reserves management. "
It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services. Trillion dollars in sovereign assets.
Ammar Al-Masoudi finished

[gregp]

Iraq’s joining the global network. Our wait won’t be long now. 
This is amazing news. 
Again, thanks, Mr. Yota. 

[Wiljor]

Is this the news we have been waiting for DV?

" this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services. Trillion dollars in sovereign assets."

We patiently wait....

 

Thanks Yota, very much appreciated sir and good morning 

 

[hawk-eye-view]

Sounds promising!

🙏🙏🙏🙏🙏🙏🙏

Thank you Yota!😁

[tigergorzow]

Yota Thanks,  Excellent articles keep bringing the good news...🙏🙏👍👍.

 

GO RV & RI

[ScaryMary]

@yota691 and @tigergorzow so happy to see you both posting. Thank you once again for all of what you bring to this forum. Blessings Love Light and Prayers to all.

Edited May 13, 2020 by ScaryMary