The Iraqi Central Bank and the Bank for International Settlements agree to increase investment opportunities

[yota691]

The Iraqi Central Bank and the Bank for International Settlements agree to increase investment opportunities

•  Time: 11/21/2020 14:15:26
•  
•  Read: 533 times

  

{Baghdad: Al Furat News} The Central Bank of Iraq agreed, today, Saturday, with the Bank for International Settlements to increase investment opportunities.

A bank statement said, "The Central Bank of Iraq held a remote meeting with the Bank for International Settlements (BIS) to discuss prospects for joint cooperation and investment mechanisms between the two parties." 
The statement pointed out that "the two sides agreed on the contribution of the Bank for International Settlements to enhance the capabilities of the Central Bank of Iraq and increase investment opportunities in foreign reserves."
The Bank for International Settlements is an international institution that provides services to central banks that seek to enhance global monetary and financial stability, through its activities in achieving a balance of priorities of strategic importance for central banks in managing reserves, and ensuring a good understanding of liquidity management and diversification in order to obtain good returns To meet their needs, as well as providing credit, gold and foreign exchange brokerage services and asset management, including the function of integrated financial and operational risk management and properly controlling them.
Ali al-Rubaie

[yota691]

The Iraqi Central Bank discusses with the Bank for International Settlements the mechanisms of mutual investment

Central Bank of Iraq

 November 21, 2020 03:45 PM

 

Mubasher: The Central Bank of Iraq held a remote meeting today, Saturday, with the Bank for International Settlements ( BIS ) to discuss prospects for joint cooperation and investment mechanisms between the two parties.

The two parties agreed on the contribution of the Bank for International Settlements to enhance the capabilities of the Central Iraqi and increase investment opportunities in foreign reserves, according to the Iraq News Agency, "INA".

The Bank for International Settlements is an international institution that provides services to central banks that seek to enhance global monetary and financial stability, through its activities to balance the priorities of strategic importance for central banks in managing reserves, and to ensure a good understanding of cash liquidity management and diversification in order to obtain good returns To meet their needs.

This comes in addition to providing credit, gold and foreign exchange brokerage services and asset management, including an integrated management function for financial and operational risks and properly controlling them.

[alreis]

The mechanism is simple, get the corruption under control and make it a profitable environment for investors and “they will come”.

[rvmydinar]

The only way to increase the investment flowing to iraq  is iraq has to rv at least 1:1 then all the investors will automatically come to invest in iraq. If iraq doesn't believe that rv will invite the investor to come and invest in iraq , at least make the rv happen at 1:1 firstly, and then see what happen after that. If iraq at least doesn't want to try to rv at 1:1 first, then none of the investors will come to invest in iraq. Come rv.

[Laid Back]

Great news.!

CBI is on the brink of an open market economy 

From BIS website;

 

Our mission is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks.

Established in 1930, the BIS is owned by 63 central banks, representing countries from around the world that together account for about 95% of world GDP. Its head office is in Basel, Switzerland and it has two representative offices: in Hong Kong SAR and in Mexico City.

We pursue our mission by:

-fostering discussion and facilitating collaboration among central banks

supporting dialogue with other authorities that are responsible for promoting financial stability

-carrying out research and policy analysis on issues of relevance for monetary and financial stability

-acting as a prime counterparty for central banks in their financial transactions

-serving as an agent or trustee in connection with international financial operations

 

Go CBI

Go international 

Go open market economy 

Go RV

 

[GreedyDinar07]

Thanks for the information Laid Back! 

[trident]

Two of Iraqs neighbours, (Kuwait and Saudi Arabia) are BIS members already, possibly Iraq is on the verge of joining too.

Great news if so..

[Gypsygirl11]

Get the show on the road! How long now have been talking about an open market?!? Come on people, it's time. Maybe, just maybe, 2021 will be smokin.

[screwball]

Big news!

 

foreign exchange brokerage services and asset management,

 

[screwball]

Open market only way to stop fraud all must be electronic 

[gregp]

18 hours ago, Laid Back said:

Great news.!

CBI is on the brink of an open market economy 

From BIS website;

 

Our mission is to serve central banks in their pursuit of monetary and financial stability, to foster international cooperation in those areas and to act as a bank for central banks.

Established in 1930, the BIS is owned by 63 central banks, representing countries from around the world that together account for about 95% of world GDP. Its head office is in Basel, Switzerland and it has two representative offices: in Hong Kong SAR and in Mexico City.

We pursue our mission by:

-fostering discussion and facilitating collaboration among central banks

supporting dialogue with other authorities that are responsible for promoting financial stability

-carrying out research and policy analysis on issues of relevance for monetary and financial stability

-acting as a prime counterparty for central banks in their financial transactions

-serving as an agent or trustee in connection with international financial operations

 

Go CBI

Go international 

Go open market economy 

Go RV

 

Soon.