yota691 Posted September 27, 2020 Report Share Posted September 27, 2020 Governor of the Central Bank of Iraq meets with the banking sector September 27, 2020 His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makhaif, held his first meeting for the banking sector this morning, Sunday, September 27, 2020 in the Central Bank building, during which the future vision for the work of the Central Bank of Iraq was presented in light of the economic crisis, and the terms of the reform paper for the banking sector were presented which It will be started soon. His Excellency stressed the importance of developing banking services and products in the next stage, indicating that this bank will support the banking sector to advance its current reality. The Central Bank of Iraq information Office 2020/9/27 3 1 5 Quote Link to comment Share on other sites More sharing options...
yota691 Posted September 27, 2020 Author Report Share Posted September 27, 2020 Prices of gold bars and coins for Monday 9/28/2020 until 1/10/2020 September 27, 2020 Prices of bullion and gold coins , which will be under selling on Monday 28/9/2020 to Thursday 2020/10/1 15 gm specie 1,181,000 Coin of 22 g 1,731,250 Slug 5 gr 370,250 Slug 10 gr 732,250 Slug 15 gr 1,100,500 Slug 20 gr 1,476,250 Slug 25 gr 1,853,000 Slug 50 gr 3,709,500 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted September 27, 2020 Author Report Share Posted September 27, 2020 The Central Bank holds a meeting with the Iraqi banking sector Part of the meeting of the Governor of the Central Bank of Iraq, Mustafa Ghaleb, is frightening with Iraqi banks Banks Economy News - Baghdad The Central Bank of Iraq announced, on Sunday, that it had held a meeting with banks operating in Iraq. "The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, held his first meeting for the banking sector this morning, Sunday, September 27, 2020, at the Central Bank building," the Central Bank said in a statement received by Al-Iqtisad News. The statement indicated that the meeting "presented the future vision for the work of the Central Bank of Iraq in light of the economic crisis, as well as the terms of the reform paper for the banking sector, which will be started soon." The central bank governor stressed, according to the statement, "the importance of developing banking services and products in the next stage." And scary that "this bank will support the banking sector to advance its current reality." Number of observations 103, date of addendum 09/27/2020 1 3 Quote Link to comment Share on other sites More sharing options...
DWS112 Posted September 27, 2020 Report Share Posted September 27, 2020 (edited) 17 minutes ago, yota691 said: And scary that "this bank will support the banking sector to advance its current reality." Alternate Bing Translation: "This bank will be supportive of the banking sector to improve its current reality," he said. Edited September 27, 2020 by DWS112 1 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted September 27, 2020 Author Report Share Posted September 27, 2020 Central Bank Governor Stresses The Importance Of Developing Banking Services And Products On September 27, 2020 Al-Mustaqilla / - The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, stressed the importance of developing banking services and products. A statement by the bank’s media, which Al-Mustaqilla received a copy of, said today, Sunday, that the governor held the first meeting of the banking sector in the building of the Central Bank. He added, "During the meeting, the future vision for the work of the Central Bank of Iraq in light of the economic crisis was presented, and the terms of the reform paper for the banking sector that will be started soon." The Governor of the Central Bank stressed the importance of developing banking services and products in the next stage, indicating: "The bank will support the banking sector to advance its current reality." 2 2 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted September 27, 2020 Report Share Posted September 27, 2020 Loving the last few paragraphs, thanks Yota 😎 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted September 27, 2020 Author Report Share Posted September 27, 2020 The Iraqi Central Bank confirms that the terms of the banking sector reform paper will soon be presented Governor of the Central Bank of Iraq, Mustafa Ghaleb, during his first meeting in the banking sector September 27, 2020 03:05 PM Mubasher: The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, stressed today, Sunday, the importance of supporting the banking sector to advance its current reality. A central bank statement added that the governor of the Central Bank, Mustafa Ghaleb, fearsome that he held his first meeting for the banking sector, during which the future vision for the work of the Central Bank was presented in light of the economic crisis. He also proposed the terms of the banking sector reform paper, which will be initiated soon. Mukhaif stressed "the importance of developing banking services and products in the next stage," noting that "the bank will support the banking sector to advance its current reality." 2 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted September 27, 2020 Author Report Share Posted September 27, 2020 Sunday 27 September 2020 | 12:48 PM | Views: 119 The Central Bank: The reform paper for the banking sector will be launched soon The Central Bank of Iraq announced, on Sunday, that the provisions of the reform paper will be implemented for the banking sector. A statement of the bank, received by "Eye of Iraq News", stated that "the Governor of the Central Bank of Iraq, Mustafa Ghaleb, fears that his first meeting for the banking sector this morning, in the central bank building, was presented during which the future vision for the work of the Central Bank of Iraq in light of the economic crisis, as well as Introducing the terms of the banking sector reform paper, which will be initiated soon. The governor of the Central Bank stressed, according to the statement, "the importance of developing banking services and products in the next stage," indicating that "this bank will support the banking sector to advance its current reality." 2 1 1 Quote Link to comment Share on other sites More sharing options...
yota691 Posted September 27, 2020 Author Report Share Posted September 27, 2020 The Central Bank of Iraq announces a future vision in light of the economic crisis - 09-27-2020 12:56 PM - Views: 6,827 The Governor of the Central Bank of Iraq, Mustafa Ghaleb, announced the first meeting of the banking sector today, Sunday, September 27, 2020, at the Central Bank building, to present the future vision for the work of the Central Bank in light of the economic crisis. The Governor of the Central Bank also stressed the importance of developing banking services and products in the coming stage, indicating that it will support the banking sector to advance its current reality. The terms of the reform paper for the banking sector have also been put forward, which will be undertaken soon. 1 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted September 27, 2020 Author Report Share Posted September 27, 2020 Central Bank: The reform paper for the banking sector will start soon Time: 09/27/2020 12:30:53 Read: 2,197 times {Baghdad: Al Furat News} The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, held his first meeting for the banking sector this morning, Sunday, in the bank’s building. A statement to the media of the bank, the Euphrates News Agency received a copy of it, stated that the governor "presented during the meeting the future vision for the work of the Central Bank of Iraq in light of the economic crisis, as well as the terms of the reform paper for the banking sector, which will be initiated soon." The governor of the central bank stressed "the importance of developing banking services and products in the coming stage," noting that "this bank will support the banking sector to advance its current reality." Ammar Al-Masoudi 1 2 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted September 27, 2020 Author Report Share Posted September 27, 2020 GOVERNOR OF THE CENTRAL BANK OF IRAQ ANNOUNCES THE LAUNCH OF A PAPER TO REFORM THE BANKING SECTOR 27 Sep 2020 Baghdad-Sharqia, September 27: The Governor of the Central Bank of Iraq, Mustafa Ghaleb, announced the launch of a paper to reform the banking sector. A central bank statement stated that most of the first meeting of the banking sector was held, during which he presented the future vision for the work of the Central Bank of Iraq in light of the economic crisis, as well as the terms of the reform paper for the banking sector, which will be started soon. The Governor of Central Panama stressed the importance of developing banking services and products in the next stage, indicating that the bank would support the banking sector to advance its current reality. 2 2 2 Quote Link to comment Share on other sites More sharing options...
Pitcher Posted September 27, 2020 Report Share Posted September 27, 2020 Good morning Yota, and thank you for all the articles. 1 1 Quote Link to comment Share on other sites More sharing options...
olivesman Posted September 27, 2020 Report Share Posted September 27, 2020 "Next stage" is STUCK in my head! Quote Link to comment Share on other sites More sharing options...
Spartakus Posted September 27, 2020 Report Share Posted September 27, 2020 CBI is under new management hence new procedure for doing business. The article doesn't give any clue of anything else. Quote Link to comment Share on other sites More sharing options...
davis411 Posted September 27, 2020 Report Share Posted September 27, 2020 9 minutes ago, olivesman said: "Next stage" is STUCK in my head! this is stuck in mine dont know why 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted September 27, 2020 Author Report Share Posted September 27, 2020 Mazhar Saleh: Planning leads to sustainable economic development Sunday 27 September 2020 68 Baghdad: Morning The economic expert, Mazhar Muhammad Salih, emphasized the imperative of financial and banking reform, which is embodied in the liberalization process for this sector. This is to keep pace with global financial and banking developments that are mainly based on freedom from restrictions and obstacles, increased competition between banks, and the use of advanced technological means of communication and information, as well as the application of the decisions of the Basel Committee in order to work within international standards for banks, which raises their ability to compete internationally in international work. He added, "This is the most difficult stage of banking reform, because starting the process of planning to bring about change in the direction of reform requires great effort, and the entire reform process depends on the success of this stage, reiterating his previous suggestion that a special body should be established for banking reform. The state would establish it, provided that The state gives it the ability to legislate laws and procedures and provide it with the capital necessary to do its business. " He had indicated that "it is preferable for the authority to include elements that have knowledge of the existing problems and are aware of the current and future needs, and perhaps one of its most prominent tasks is to work on drawing up policies, developing the necessary proposals, and reassessing the functioning and effectiveness of the banking system, by evaluating the credit, its size, the degree of risk and the liquidity ratio. Before. 1 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted October 1, 2020 Author Report Share Posted October 1, 2020 Islamic banking and the prospective role Thursday 01 October 2020 15 Dr.. Basem Brahimi Often the development of the banking sector in any country is linked with the development of the real economic sector in that country in a negative feedback relationship, as the growth of one enhances the growth of the other sector, despite what Some believe that the rapid development of the financial sector in general has become a generator of financial crises. We find that banks are still a engine for advanced economies even in light of global financial crises, but with an urgent need for more regulation and supervision of the banking sector, which is one of the lessons produced by these crises. In this context, some opinions and calls emerged that see that Islamic banks were the most prominent survivor of the financial crises (compared to commercial banks) as a result of the nature of the work of these banks that are identified with the real economy and then are associated with the up and down trend of its commercial cycle so that the (Islamic) bank and its customers can bear Shared investment results in accordance with the rule of sheep in fines, which is the cornerstone of the work of these Sinks. The beginning of the Islamic banking business in Iraq was with the establishment of the Iraqi Islamic Bank for Investment in 1993, after which the work of these banks developed and their number increased, especially after the legislation of the Islamic Banking Law No. (43) for the year 2015, as their number today reached thirty-one banks, which constitute (40) Percent) of the total number of banks in Iraq with a capital of nearly seven trillion dinars, and this increase comes in line with the great development witnessed by Islamic banking at the international level, as we find that many international traditional banks have worked to open Islamic windows to simulate the increasing demand for this type of products . It is expected that Islamic banks in Iraq will have an important developmental role, especially with the great potential available to these banks on the one hand, and the governmental economic reforms aimed at stimulating the real sector to diversify the Iraqi economy and reduce dependence on oil on the other hand, which coincided with the preparation of a paper for banking reform in the bank. The Iraqi Central Bank, however, this expected role of these banks remains dependent on their ability to overcome the challenges they face, whether in the field of quickly gaining practical experience or in the field of ability to compete with traditional banks, and then the extent of their ability to win the confidence of the public. 1 1 Quote Link to comment Share on other sites More sharing options...
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