The President of the Republic, Barham Salih, during his meeting with the Chairman of the Board of Directors of the Development Bank, Ziad Khalaf, stresses the support of the private banking sector

[yota691]

The International Development Bank buys more than 300 advanced ATMs from CBM

 

banks Economy News _ Baghdad The International Development Bank and CBM, a leading information technology (IT) company, have signed a partnership agreement for state-of-the-art ATMs and automated teller machines. The agreement aims to develop the payment service for customers and advanced solutions for self-service banking for the International Development Bank, where a contract was made to purchase and support more than 300 advanced ATMs to advance banking services to a global level in performance. An official source in the bank confirmed that the agreement comes with the aim of adopting the best technology and global solutions that advance banking services to the world and deploying the largest number of ATMs throughout Iraq to cover electronic card services, and the bank continues to make continuous and advanced investments in the field of banking technology, where CBM will provide the company The first in the field of technology, with long-term support at a global level and high quality, in line with the bank’s plans to provide an international level service that achieves customer satisfaction and with the latest ATM technology supported by high-level technical skills. CBM is also a distributor for Diebold Nixdorf, one of the most important providers of ATMs and professional IT solutions in Lebanon, the Middle East and Africa.

Views 247   Date Added 08/18/2021

[yota691]

The President of the Republic, Barham Salih, during his meeting with the Chairman of the Board of Directors of the Development Bank, Ziad Khalaf, stresses the suppor t of the private banking sector

 

banks Economy News - Baghdad The President of the Republic, Barham Salih, affirmed his support for the private banking sector, when he received the Chairman of the Board of Directors of the International Development Bank, Dr. Ziad Khalaf. The bank said in a press statement, received by "Al-Iqtisad News", "The President of the Republic, Dr. Barham Salih, received at the Peace Palace yesterday, Monday, the Chairman of the Board of Directors of the International Development Bank, Dr. Ziad Khalaf Abed, praising his continuous efforts to achieve advanced levels of banking work and keep pace with all global developments. in banking technology. According to the statement, Dr. Khalaf briefed the President of the Republic on the nature of the business, activities and financial technology that the bank has reached, the significant growth in the infrastructure and the strategic vision of the bank, which will contribute to increasing the participation of private banks in the reconstruction of Iraq and activating strategic partnerships with economic sectors in general. At the conclusion of the meeting, the President of the Republic affirmed his support for the private banking sector in general, his keenness to achieve tangible progress in the reality of the Iraqi economy and his support to keep pace with Arab and global financial developments to advance a better future and work to activate the various vital economic sectors.

Views 187   Date Added 08/24/2021

[gregp]

Iraq is moving at more than lightening speed. They are so ready. 
Thanks. 

[tigergorzow]

1 hour ago, gregp said:

Iraq is moving at more than lightening speed. They are so ready. 
Thanks. 

Gregp Thanks, Let's hope lightning speed equates to RV & RI....👍👍🙏🙏.

 

JUST DO IT

[screwball]

🙏

[yota691]

Economie

THE INTERNATIONAL DEVELOPMENT BANK OCCUPIES THE FIRST PLACE AT THE LEVEL OF IRAQI BANKS

 

Tuesday, 24 August 2021 10:47 PM

Baghdad / National News Center

Today, Tuesday, the International Development Bank ranked first at the level of Iraqi banks, according to the classification of assets, the volume of deposits and banking facilities.

In a statement received by the National News Center, the Iraq Future Foundation issued the “first half report for 2021 within a comprehensive analysis of the financial statements of Iraqi private banks as a whole in terms of total assets, total customer deposits, total credit facilities and the value of property rights with growth rates achieved at the level of each bank.” “.

The statement stated, "The International Development Bank may issue the list of Iraqi banks with the highest value of assets, as it reached more than (1.32 trillion dinars), with a growth rate of 19.71%, meaning that the bank acquired about (10.61%) of the total assets of the banking sector as a whole, in addition to Achieving a growth in customer deposits amounting to 16.6% to reach (866) billion dinars, as the bank acquired a rate of (16.28%) of the total deposits of the banking sector, and the total credit facilities amounted to (441) billion Iraqi dinars, with an annual increase of 19%, as This constituted 14.54% of the total credit facilities granted by private Iraqi banks.

The statement added that "this report comes to translate the distinguished achievements and results that the International Development Bank continues to achieve and the tireless efforts made by the bank's senior management at the level of hard work to achieve the best desired results and to be added to the important achievements it achieves from time to time."

It is noteworthy that the International Development Bank was established in 2011 and operates through 18 branches throughout Iraq and two representative offices in Lebanon and the United Arab Emirates, in addition to an expansion plan for branches to reach 25 branches by the end of 2021. The bank also uses the latest banking systems and technology.

The bank was a forerunner in obtaining the main membership of the international payment companies Visa and MasterCard, which contributed to the acquisition of a large share of the size of the localization of salaries of public and private sector employees and the installation of more than 250 ATMs throughout Iraq, in addition to its recent contract to purchase 300 new ATMs From CBM and expanding by publishing more of them, in addition to obtaining a large market share in Iraq from the total commercial finance operations and comprehensive banking operations. He also won many international awards and recently received a global credit rating from Capital Intelligence for credit ratings with a degree of BB- similar to banks. Arabic and regional.

[yota691]

The International Development Bank occupies the first place at the level of Iraqi banks according to the classification of assets and the volume of deposits and banking facilities by the Future Iraq Foundation.

 

banks Economy News - Baghdad Iraq Future Foundation issued the first half report for the year 2021 within a comprehensive analysis of the financial statements of the Iraqi private banks as a whole in terms of total assets, total customer deposits, total credit facilities and the value of property rights with the growth rates achieved at the level of each bank. The International Development Bank topped the list of Iraqi banks with the highest value of assets, reaching more than (1.32 trillion dinars), with a growth rate of 19.71%, meaning that the bank acquired about (10.61%) of the total assets of the banking sector as a whole, in addition to achieving growth in customer deposits. It amounted to 16.6% to reach (866) billion Iraqi dinars, as the bank acquired a rate of (16.28%) of the total deposits of the banking sector, and the total credit facilities amounted to (441) billion Iraqi dinars, with an annual increase of 19%, where this percentage constituted (14.54). %) of the total credit facilities granted by private Iraqi banks. This report comes to translate the distinguished achievements and results that the International Development Bank continues to achieve and the tireless efforts made by the Bank's senior management at the level of hard work to achieve the best desired results and to be added to the important achievements it achieves from time to time. It is noteworthy that the International Development Bank was established in 2011 and operates through 18 branches throughout Iraq and two representative offices in Lebanon and the United Arab Emirates, in addition to an expansion plan for branches to reach 25 branches by the end of 2021. The bank also uses the latest banking systems and technology, and the bank was a pioneer in obtaining the main membership of the international payment companies Visa and MasterCard, which contributed to acquiring a large share of the size of the localization of salaries of public and private sector employees and the installation of more than 250 ATMs throughout Iraq in addition to its contract Recently, it purchased 300 new ATMs from CBM and expanded by publishing more of them, in addition to obtaining a large market share in Iraq from the total trade finance operations and comprehensive banking operations. At a BB-grade, similar to Arab and regional banks.

Views 726   Date Added 08/24/2021

[ronscarpa]

3 minutes ago, yota691 said:

The International Development Bank occupies the first place at the level of Iraqi banks according to the classification of assets and the volume of deposits and banking facilities by the Future Iraq Foundation.

 

Thanks yota691..! And the beat goes on ... RON 

[6ly410]

The International Development Bank occupies the first place at the

level of banks in Iraq

 

 

 

2021-08-28 | 11:16

https://www.alsumaria.tv/news/اقتصاد/394519/مصرف-التنمية-الدولي-يحتل-المركز-الاول-على-مستوى-ال

3,095 views

The International Development Bank occupies the first place at the level of Iraqi banks according to the classification of assets and the volume of deposits and banking facilities by the Future Iraq Foundation.

 

Iraq Future Foundation issued the report for the first half of 2021 within a comprehensive analysis of the financial statements of the Iraqi private banks as a whole in terms of total assets, total customer deposits, total credit facilities and the value of property rights with the growth rates achieved at the level of each bank.

The International Development Bank topped the list of Iraqi banks with the highest value of assets, reaching more than (1.32 trillion dinars), with a growth rate of 19.71%, meaning that the bank acquired about (10.61%) of the total assets of the banking sector as a whole, in addition to achieving growth in customer deposits. It amounted to 16.6% to reach (866) billion Iraqi dinars, as the bank acquired a rate of (16.28%) of the total deposits of the banking sector, and the total credit facilities amounted to (441) billion Iraqi dinars, with an annual increase of 19%, where this percentage constituted (14.54). %) of the total credit facilities granted by private Iraqi banks.

This report comes to translate the distinguished achievements and results that the International Development Bank continues to achieve and the tireless efforts made by the Bank's senior management at the level of hard work to achieve the best desired results and to be added to the important achievements it achieves from time to time.

 

 

It is noteworthy that the International Development Bank was established in 2011 and operates through 18 branches across the world Iraq and two representative offices in Lebanon And the United Arab Emirates, in addition to an expansion plan for branches to reach 25 branches by the end of 2021. The bank also uses the latest banking systems and technology, and the bank was a pioneer in obtaining the main membership from international payment companies Visa MasterCard, which contributed to the acquisition of a large share of the volume of localization of salaries of public and private sector employees and the installation of more than 250 ATMs worldwide. Iraq In addition to his recent contract to buy 300 new CBM ATMs and expand by publishing more of them, in addition to obtaining a large market share in Iraq Of the total commercial finance and comprehensive banking operations, he also won many international awards and recently received a global credit rating from Capital Intelligence for credit ratings with a rating of BB - similar to Arab and regional banks.