CBI News 09/20/2020

[yota691]

Due diligence procedures

 

  

 September 20, 2020

     

The Central Bank of Iraq called on all licensed non-bank banks and financial institutions to take utmost caution and caution on financial movements that take place through ( bank accounts, electronic wallets, and electronic payment cards of all kinds ) for social media celebrities, as well as developing scenarios to discover money laundering operations for these institutions In proportion to these cases, in coordination with the Office of Combating Money Laundering and Terrorist Financing, if necessary.

He also urged the Central Bank to take strict due diligence measures on the financial movements of the owners of electronic stores ( owners of e-marketing sites and marketing through social media ).

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The Central Bank of Iraq

  Media Office
       Baghdad

September 20, 2020
 

[yota691]

Prices of gold bars and coins for Monday 9/21/2020 until 9/24/2020

 

  

 September 20, 2020

 

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Prices of gold bars and coins that will be sold from Monday 9/21/2020 until Thursday 9/24/2020

15 gm specie	1,233,500
Coin of 22 g	1,808,500
Slug 5 gr	388,000
Slug 10 gr	767,250
Slug 15 gr	1,153,250
Slug 20 gr	1,546,500
Slug 25 gr	1,941,000
Slug 50 gr	3,885,500

 

[yota691]

Banking sector reform

 

  

 September 20, 2020

     

His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makhaif Al-Kitab, chaired a meeting of the General Directors Board of this bank on Saturday, September 19, 2020.

The meeting discussed a number of topics, the most prominent of which was “preparing a paper for reforming the banking sector,” as the Board adopted that paper in preparation for submitting it to the Board of Directors of the Central Bank for approval and commencement of its implementation.

The Central Bank of Iraq

Media Office
       Baghdad

September 20, 2020

 

 

[yota691]

The central bank is preparing a paper to reform the banking sector

•  Time: 09/20/2020 09:38:55
•  
•  Read: 3,016 times

  

{Baghdad: Al Furat News} The Central Bank of Iraq revealed a paper to reform the banking sector in the country.

A statement by the bank's media, which Al-Furat News Agency received a copy of, said, "The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, chaired a meeting of the bank’s general directors on Saturday."
The statement added, "The meeting discussed a number of issues, the most prominent of which was preparing a paper to reform the banking sector. The council adopted that paper in preparation for submitting it to the Central Bank's Board of Directors for approval and direct implementation."
Ammar Al-Masoudi

[yota691]

The Central Bank calls for caution and caution from the celebrities of the Swiss Media

Economie

2020-09-20 | quarter to six

 

4,896 Views

On Sunday, the Central Bank of Iraq called for caution and caution from the celebrities of Swiss Media.

The bank said in a statement that Alsumaria News received a copy of that "all licensed non-bank banks and financial institutions must take utmost care and caution over financial movements that take place through (bank accounts, electronic wallets, and electronic payment cards of all kinds) for social media celebrities, as well as developing scenarios. Discover money laundering operations of these institutions and in proportion to these cases in coordination with Anti-Money Laundering Office Financing terrorism, if necessary. "

 

 

He added, "We urge that strict due diligence measures be taken on the financial movements of the owners of electronic stores (owners of e-marketing sites and marketing through social media)."

 

And founded The Central Bank of Iraq As an independent bank under its law issued on the sixth of March of the year 2004, as an independent body, it is responsible for maintaining price stability and implementing monetary policy, and supervises 10 commercial banks, 26 private banks, 16 Islamic banks, in addition to 19 foreign banks, in addition to 6 financial institutions And 31 financial transfer companies.

[yota691]

Al-Rasheed warns against promoting the advances outside its branches and disclaims any consequences

Economie

2020-09-20 | 02:14

 

 

 

 

 

1,127 Views

 

 

Al Rasheed Bank announced today, Sunday, that it is free of any banking dealings outside its branches.

The media office of the bank said, "The mechanism for applying for advances takes place through the person's review of the branch concerned and submitting the master card and official documents without any intermediary."

The office added in a statement that Alsumaria News received a copy of, that "when the transaction is completed, text messages are sent to the borrower informing him of the amount granted."

 

It is noteworthy that Rasheed Bank announced earlier, granting advances to employees and reducing interest from 8% to 5%.

[King Bean]

Love this. Al-Kitab.....hits the ground running. Just like PM Al-Kazemi.

     Got a feeling this could extend Maliki 'visit' to Iran indefinitely. 

      

     

[NMP2017]

Page has been translated to english. Here's hoping they don't take years to fix them,,,

 

https://translate.google.com.br/translate?hl=en&tab=wT&sl=ar&tl=en&u=https%3A%2F%2Fwww.almaalomah.com%2F2020%2F09%2F20%2F496031%2F

 

https://www.almaalomah.com/2020/09/20/496031/

Edited September 20, 2020 by NMP2017

[gregp]

1 hour ago, yota691 said:

The central bank is preparing a paper to reform the banking sector

•  Time: 09/20/2020 09:38:55
•  
•  Read: 3,016 times

  

{Baghdad: Al Furat News} The Central Bank of Iraq revealed a paper to reform the banking sector in the country.

A statement by the bank's media, which Al-Furat News Agency received a copy of, said, "The Governor of the Central Bank of Iraq, Mustafa Ghaleb Al-Kitab, chaired a meeting of the bank’s general directors on Saturday."
The statement added, "The meeting discussed a number of issues, the most prominent of which was preparing a paper to reform the banking sector. The council adopted that paper in preparation for submitting it to the Central Bank's Board of Directors for approval and direct implementation."
Ammar Al-Masoudi

Thanks Yota. This has rate increase written all over it. 

[yota691]

The Central Bank is looking into reforming the banking sector

Monday 21st September 2020 42

 

  Baghdad: Morning 

 

The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, discussed the book with the Bank’s Board of Directors General to prepare a paper for reforming the banking sector. A bank statement, a copy of which was received by Al-Sabah, stated that the book chaired a meeting of the Board of Directors General of this bank, and discussed a number of topics, the most prominent of which was “preparing a paper to reform the banking sector”. Implemented.