Official: CBI News 02/11/2023

[6ly410]

The Governor of the Central Bank of Iraq meets the Vice Chairman of JPMorgan

 Banknotes

Central Bank of Iraq | The Governor of the Central Bank of Iraq meets the Vice Chairman of JPMorgan (cbi.iq)

 February 11, 2023

 

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His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, met with Mr. Daniel Zeliko, Vice Chairman of the Board of Directors of JPMorgan on the sidelines of his visit to Washington.
During the meeting, it was agreed that JPMorgan will facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly.
A number of issues related to reserve management, liquidity management and the technical support provided by the said bank to the Central Bank of Iraq and to the banking sector in Iraq were also discussed.
His Excellency the Governor said that the Central Bank of Iraq is committed to applying international standards in combating money laundering and terrorist financing, stressing the strengthening of the relations of the Central Bank of Iraq with its counterparts in the countries of the world to serve the work and development of the Iraqi banking sector.

 

Central Bank of Iraq
Media
Office 2023/2/11

[6ly410]

Central Bank: Agreement with JPMorgan to facilitate payments from the Iraqi banking system

Economy News Agency - Central Bank: Agreement with "JPMorgan" to facilitate payments from the Iraqi banking system (economy-news.net)

 

Economy News-Baghdad

The Central Bank of Iraq announced on Saturday the details of its talks with the Vice Chairman of the Board of Directors of JP Morgan.

The bank said in a statement that "the Governor of the Central Bank of Iraq, Ali Mohsen Ismail, discussed with Daniel Zeleko, Vice Chairman of the Board of Directors of JPMorgan, on the sidelines of his visit to Washington, a number of issues related to reserve management, liquidity management and technical support provided by the aforementioned bank to the Central Bank of Iraq and the banking sector in Iraq."

During the meeting, "it was agreed that JPMorgan will facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly."

Al-Alaq said that "the Central Bank of Iraq is committed to applying international standards in combating money laundering and terrorist financing," stressing the strengthening of the relations of the Central Bank of Iraq with its counterparts in countries of the world to serve the work and development of the Iraqi banking sector.

103 views

Added 2023/02/11 - 11:04 AM

Update 2023/02/11 - 2:05 PM

    

[6ly410]

Central Bank: Agreement to facilitate payments to China to finance private sector imports

Saturday 11 , February 2023 11:27 |EconomicalViews: 187

Central Bank: Agreement to facilitate payments to China to finance private sector imports (ninanews-com.translate.goog)

Bagdad (NENA) - The Central Bank of Iraq confirmed on Saturday the agreement to facilitate payments to China to finance private sector imports. "The bank's governor, Ali Mohsen Ismail, met with Daniel Zeliko, vice chairman of JPMorgan, on the sidelines of his visit to Washington," a statement from the central bank's media office said.

The statement added that "during the meeting, it was agreed that JPMorgan will facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly."
He pointed out that "a number of issues related to reserve management, liquidity management and technical support provided by the aforementioned bank to the Central Bank of Iraq and the banking sector in Iraq were also discussed."
According to the statement, Al-Alaq pointed out that "the Central Bank of Iraq is committed to applying international standards in combating money laundering and terrorist financing," stressing "strengthening the relations of the Central Bank of Iraq with its counterparts in the countries of the world to serve the work and development of the Iraqi banking sector. End8

[6ly410]

Iraqi-US agreement to facilitate payments to China

| Today, 10:49 | 

Iraqi-US agreement to facilitate payments to China » Baghdad Today News Agency

    

 

Baghdad Today - Baghdad

The Central Bank of Iraq confirmed on Saturday the agreement to facilitate payments to China to finance private sector imports.

The bank's media office said in a statement received by (Baghdad Today) that "the Governor of the Central Bank of Iraq, Ali Mohsen Ismail, met with Daniel Zeliko, Vice Chairman of the Board of Directors of JPMorgan, on the sidelines of his visit to Washington."

"During the meeting, it was agreed that JPMorgan will facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly," he said.

He pointed out that "a number of issues related to reserve management, liquidity management and technical support provided by the aforementioned bank to the Central Bank of Iraq and the banking sector in Iraq were also discussed."

According to the statement, the governor stressed that "the Central Bank of Iraq is committed to applying international standards in combating money laundering and terrorist financing," pointing to "strengthening the relations of the Central Bank of Iraq with its counterparts in the countries of the world to serve the work of the Iraqi banking sector and its development."

[yota691]

The Governor of the Central Bank of Iraq meets with the Vice Chairman of the Board of Directors of JPMorgan Bank

 

  

February 11, 2023

 

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His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, met with Mr. Daniel Zeliko, Vice Chairman of the Board of Directors of JPMorgan Corporation, on the sidelines of his visit to Washington.
During the meeting, it was agreed that JP Morgan would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly.
A number of issues related to reserves management, liquidity management and technical support provided by the aforementioned bank to the Central Bank of Iraq and the banking sector in Iraq were also discussed.
His Excellency the Governor said: The Central Bank of Iraq is committed to applying international standards in combating money laundering and financing terrorism, stressing the strengthening of the Central Bank of Iraq's relations with its counterparts in the countries of the world to serve the work of the Iraqi banking sector and its development.

 

Central Bank of Iraq 
Media Office
11/2/2023

[6ly410]

 

[yota691]

Al-Alaq: We are committed to implementing international standards in combating money laundering and terrorist financing

2023.02.11 - 10:54

 

Baghdad - Nas   

Today, Saturday, the Central Bank of Iraq confirmed the agreement to facilitate payments to China to finance private sector imports.  

 

  

  

A statement by the media office of the Central Bank, a copy of which "NAS" received, stated (February 11, 2023), that "the Governor of the Central Bank of Iraq, Ali Mohsen Ismail, met with Daniel Zeliko, Vice Chairman of the Board of Directors at JPMorgan Corporation, on the sidelines of his visit to Washington."  

  

The statement added, "During the meeting, it was agreed that JP Morgan Bank would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly."  

  

He pointed out that "a number of issues related to reserves management, liquidity management and technical support provided by the aforementioned bank to the Central Bank of Iraq and to the banking sector in Iraq were also discussed."  

  

Al-Alaq indicated, according to the statement, that "the Central Bank of Iraq is committed to applying international standards in combating money laundering and financing terrorism," stressing, "strengthening the relations of the Central Bank of Iraq with its counterparts in the countries of the world to serve the work of the Iraqi banking sector and its development."  

[yota691]

Iraq agrees with a global bank to facilitate its payments to China

• Time: 02/11/2023 10:49:23
•  
• Read: 1,612 times

  

{Economic: Al Furat News} Governor of the Central Bank of Iraq, Ali Mohsen Ismail, met today, Saturday, with Daniel Zeliko, Vice Chairman of the Board of Directors at JPMorgan Corporation, on the sidelines of his visit to Washington.

And the media of the Central Bank stated in a statement received by {Euphrates News} that "during the meeting, it was agreed that the J.P. Morgan Bank would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly, and a number of issues related to managing reserves and managing Liquidity and technical support provided by the aforementioned bank to the Central Bank of Iraq and the banking sector in Iraq. 

The statement stated, "The Central Bank of Iraq is committed to applying international standards in combating money laundering and financing terrorism," stressing, "Strengthening the Central Bank of Iraq's relations with its counterparts in countries of the world to serve the work and development of the Iraqi banking sector." 

 

[yota691]

The central bank agrees with an American bank to facilitate payments from the Iraqi banking system to China

2023-02-11 02:50

 

 

Shafaq News/ The Central Bank of Iraq announced, on Saturday, an agreement with the US "JP Morgan" bank to facilitate payments from the Iraqi banking system to China to finance imports.

JPMorgan Chase is an American multinational financial services bank. It is the largest bank in the United States, with total US assets of $2.515 trillion.

 

 

 

This bank is a major provider of financial services and, according to the Forbes ranking, is the third largest publicly traded company in the world.

And the Central Bank of Iraq stated in a statement issued by it today, that its governor, Ali Mohsen Ismail, met with Daniel Zeliko, Vice Chairman of the Board of Directors at JPMorgan Corporation, on the sidelines of his visit to Washington.

The statement indicated that during the meeting, it was agreed that JPMorgan Bank would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly.

The Chinese embassy in Iraq announced, on Friday, that the volume of trade exchange between the two countries exceeded 53 billion US dollars during the past year.

The embassy said in a statement that the volume of trade exchange between China and Iraq amounted to 53.37 billion US dollars in 2022, an increase of 43.1% on an annual basis.

According to the statement of the Central Bank of Iraq, a number of issues related to reserves management, liquidity management and technical support provided by the aforementioned bank to the Central Bank of Iraq and the banking sector in Iraq were also discussed (between Al-Alaq and Zeliko).

The governor said: The Central Bank of Iraq is committed to applying international standards in combating money laundering and financing terrorism, stressing the strengthening of the Central Bank of Iraq's relations with its counterparts in countries of the world to serve the work and development of the Iraqi banking sector.

[BETTYBOOP]

Another  measure to control where the dollar goes. Reducing corruption. Huge progress recently. 👏 

[yota691]

Expert: The agreement with international banks will reduce currency smuggling from Iraq and improve the price of the dinar

2023-02-11 05:10

 

 

Shafaq News/ The economic and financial expert, Hilal Al-Taan confirmed, on Saturday, that the agreement with international banks will reduce the smuggling of hard currency outside the country, and improve the performance of the exchange rate of the dinar against the US dollar.

 

Al-Taan said in an interview with Shafaq News agency, "The agreement with international banks, including the US (JP Morgan) bank, to facilitate payments to China to finance private sector imports directly is a step in the right path because it will reduce smuggling, especially since most of our imports are from China."

 

 

 

He continued, "The more such steps are taken, the more smuggling will be confined to a narrow angle and it will give more transparency to the import transfer process," noting that "this step will also lead to an improvement in the exchange rate of the Iraqi dinar against the dollar."

 

Al-Taan also indicated that "this step does not lead to the elimination of small merchants, as it is believed, but that any merchant can import from China after submission through the electronic window, and the dollar is spent for him electronically and not on paper by hand as it was previously," noting that "the central bank will open an account for any He traded in China, and the latter can officially import goods, but he will eliminate the unofficial ways of smuggling the dollar.

 

Today, Saturday (February 11, 2023), the Central Bank announced its agreement with JPMorgan Bank to facilitate payments from the Iraqi banking system to the People's Republic of China to directly finance private sector imports.

[yota691]

Central Bank: Agreement with "JP Morgan" to facilitate payments from the Iraqi banking system

Expenses
   

Economy News-Baghdad
The Central Bank of Iraq announced, on Saturday, the details of its discussions with the Vice Chairman of the Board of Directors of JP Morgan Bank.

 

The bank stated in a statement, "The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, discussed with Daniel Zeliko, Vice Chairman of the Board of Directors at JPMorgan, on the sidelines of his visit to Washington, a number of issues related to managing reserves, liquidity management, and technical support provided by the aforementioned bank to the Central Bank of Iraq and the banking sector." in Iraq".

During the meeting, "it was agreed that JP Morgan Bank would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly."

 

Al-Alaq said, "The Central Bank of Iraq is committed to applying international standards in combating money laundering and financing terrorism," stressing the strengthening of the Central Bank of Iraq's relations with its counterparts in countries of the world to serve the work of the Iraqi banking sector and its development.

 

 

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Views 120

Added 02/11/2023 - 11:04 AM

Updated 2023/02/11 - 4:07 PM

[yota691]

Economie

THE CENTRAL BANK AGREES WITH JPMORGAN BANK TO FACILITATE ITS PAYMENTS TO CHINA

 

Saturday, February 11, 2023 10:58 am

Baghdad / National News Center

Today, Saturday, the Central Bank of Iraq agreed with JPMorgan Bank to facilitate payments from the Iraqi banking system to China to directly finance private sector imports.

And a bank statement, received by the National News Center, stated that “The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, met with Daniel Zeliko, Vice Chairman of the Board of Directors at JPMorgan Corporation, on the sidelines of his visit to Washington.”

The statement added, "During the meeting, it was agreed that JPMorgan Bank would facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly."

He continued, "The meeting also discussed a number of issues related to reserves management, liquidity management, and technical support provided by the aforementioned bank to the Central Bank of Iraq and to the banking sector in Iraq."

The governor said, “The Central Bank of Iraq is committed to applying international standards in combating money laundering and financing terrorism,” stressing “strengthening the Central Bank of Iraq’s relations with its counterparts in countries of the world to serve the work and development of the Iraqi banking sector.”

[64jaguar]

These people are Dinosaurs! CBDC's will change everything and Ripple's XRP will move ALL the money. This is just legacy Bankster's trying to maintain their relevance. This change is coming whether you like it or not! Just my opinion..

[3n1]

JPMorgan was from the beginning along with the US Treasury in Iraq establishing and setting up the banking system interesting ... letsroll , ty Yota

[3n1]

5 minutes ago, 64jaguar said:

These people are Dinosaurs! CBDC's will change everything and Ripple's XRP will move ALL the money. This is just legacy Bankster's trying to maintain their relevance. This change is coming whether you like it or not! Just my opinion..

 

Agree and JPMorgan uses blockchain already ... cheers 64jag 

 

Project Guardian was first officially launched in May 2022, which came about a month after a partnership was made between JPMorgan and DBS to build a new blockchain interbank platform to complement the work of central bank digital currencies (CBDCs).

[6ly410]

The Central Bank.. American parties express their willingness to face the challenges of working on the electronic platform for remittances and cash / expanded

Saturday 11 February 2023 19:36 | EconomicalNumber of readings: 8

Central Bank. US parties express their readiness to face the challenges of working with the electronic platform for remittances and cash / expanded (ninanews-com.translate.goog)

 

Baghdad /Nina/ The delegation of the Central Bank of Iraq met for long hours with the delegation of the US Federal Reserve Bank and the US Treasury Department in Washington, DC According to a statement by the bank, the two parties expressed their readiness to work together to meet the challenges of working on the electronic platform for remittances and cash.

The delegation of the US Federal Reserve Bank and the US Treasury Department discussed a number of support mechanisms for the Central Bank of Iraq to enhance its capabilities to deal flexibly with crises during this stage.
The US Federal Reserve confirmed that the measures of the Central Bank of Iraq are in the right direction to build a solid banking sector.
The Assistant Deputy Secretary of the US Treasury indicated ways to fully support the efforts of the government of Iraqi Prime Minister Mohammed Shia Al-Sudani in economic reform, and the readiness of the US Treasury Department to provide the required support.

The meeting listened to a presentation by the Governor of the Central Bank of Iraq on the bank's directions in achieving its most important objectives to ensure general stability in prices, options and proposals in the field of accelerating, expanding and streamlining the work of the electronic platform for external transfer.
The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, confirmed the bank's intention to launch the second package of facilities that will enhance the stability of the exchange rate./End3

[6ly410]

"Economy News" publishes the details of the Central Bank's meeting with the Federal Reserve and the US Treasury

Al-Eqtesadat News - "Economy News" publishes the details of the Central Bank's meeting with the Federal Reserve and the US Treasury (economy-news.net)

   

Economy News - Baghdad

The central bank announced on Saturday the details of its delegation's meeting with the delegation of the US Federal Reserve and the US Treasury Department in Washington, D.C.

The bank said in a statement, "The delegation of the Central Bank of Iraq met on Friday, 2023/2/10, for long hours, with both the delegation of the US Federal Reserve Bank and the US Treasury Department in Washington, D.C."

According to the statement, the two parties expressed their "readiness to work together to meet the challenges of working with the electronic platform for remittances and cash."

"The delegation of the US Federal Reserve Bank and the US Treasury Department discussed a number of support mechanisms for the Central Bank of Iraq to enhance its ability to deal flexibly with crises during this stage," al-Bayaa said.

The US Federal Reserve said, according to the statement, that "the measures of the Central Bank of Iraq are in the right direction to build a sober banking sector."

The Assistant Deputy Secretary of the US Treasury indicated "ways to fully support the efforts of the government of Iraqi Prime Minister Mohammed Shia al-Sudani in economic reform, and the readiness of the US Treasury Department to provide the required support."

The statement added, "The meeting listened to a presentation by the Governor of the Central Bank of Iraq on the bank's directions in achieving its most important objectives to ensure general stability in prices, and options and proposals in the field of accelerating, expanding and streamlining the work of the electronic platform for external transfer."

The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, confirmed "the bank's intention to launch the second package of facilities that will enhance the stability of the exchange rate."

46 views

Added 2023/02/11 - 7:37 PM

Update 2023/02/11 - 7:41 PM

[BETTYBOOP]

The next package fro. the CBI could be interesting....

[6ly410]

 

The central bank meets the Federal Reserve and the US Treasury

Posted 37 seconds ago

 

The Central Bank meets the Federal Reserve and the US Treasury Department - Iraq News (iraqakhbar-com.translate.goog)

 

news source /Sumerian Channel

 

The media office of the Central Bank of Iraq said, in a statement received by Alsumaria News, that "the two parties expressed their willingness to work jointly to meet the challenges of working on the electronic platform for remittances and cash."

 

He added, “The delegation of the US Federal Reserve Bank and the US Treasury discussed a number of support and attribution mechanisms for the Central Bank of Iraq, in a way that enhances its capabilities to deal flexibly with crises during this stage.”

 

The media office indicated that "the US Federal Bank confirmed that the procedures of the Central Bank of Iraq are in the right direction to build a sober banking sector."

And he indicated that “the Assistant Deputy Secretary of the US Treasury explained ways to fully support the efforts of the government of Iraqi Prime Minister Muhammad Shia al-Sudani in economic reform, and the readiness of the US Treasury Department to provide the required support.”

And the office pointed out that “the meeting listened to a presentation by the Governor of the Central Bank of Iraq regarding the bank’s directions in achieving its most important goals to ensure general stability in prices, and options and proposals in the field of accelerating, expanding and smoothing the work of the electronic platform for external transfer.”

And he concluded, "The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, confirmed the bank's intention to launch the second package of facilities that would enhance the stability of the exchange rate."

[6ly410]

The Central Bank of Iraq meets with the US Federal Reserve Bank and the US Treasury Department

Economy | Today, 19:26 | 

The Central Bank of Iraq meets with the US Federal Reserve and the US Treasury Department » Baghdad Today News Agency

 

Baghdad Today - Baghdad

The Central Bank of Iraq announced on Saturday that a long-hour meeting was held with the delegation of the US Federal Reserve Bank and the US Treasury Department in Washington, D.C.

The media office of the Central Bank said in a statement received by (Baghdad Today) that "the two parties expressed their readiness to work together to face the challenges of working with the electronic platform for remittances and cash."

He added that "the delegation of the US Federal Reserve and the US Treasury Department discussed a number of support system" rel="">support mechanisms and support system" rel="">support for the Central Bank of Iraq to enhance its ability to deal flexibly with crises during this stage."

According to the statement, the US Federal Reserve confirmed that "the measures of the Central Bank of Iraq are in the right direction to build a solid banking sector."

The Assistant Deputy Secretary of the US Treasury, according to the statement, said that "ways to fully support system" rel="">support the efforts of the government of Iraqi Prime Minister Mohammed Shia al-Sudani in economic reform, and the readiness of the US Treasury Department to provide the required support system" rel="">support."

The statement pointed out that "the meeting listened to a presentation by the Governor of the Central Bank of Iraq Ali Al-Alaq on the bank's directions in achieving its most important objectives to ensure general stability in prices, and options and proposals in the field of accelerating, expanding and streamlining the work of the electronic platform for external transfer."

[6ly410]

The Governor of the Central Bank of Iraq announces the intention of the bank to launch the second package of facilities to enhance the stability of the exchange rate

Economy | Today, 19:30 | 

    

The Governor of the Central Bank of Iraq announces the bank's intention to launch the second package of facilities to enhance the stability of the exchange rate » Baghdad Today News Agency

Baghdad Today - Baghdad

The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, confirmed on Saturday the bank's intention to launch the second package of facilities to ensure the stability of the exchange rate.

Al-Alaq said at the end of his talks with the US Federal Bank, in an interview with the American media, followed by (Baghdad Today), that "we made a presentation on the bank's directions in achieving its most important goals to ensure general stability in prices, and options and proposals in the field of accelerating, expanding and streamlining the work of the electronic platform for external transfer."

"We will launch the second package of facilities that will enhance the stability of the exchange rate," he added.

For his part, the US Federal Reserve confirmed that "the measures of the Central Bank of Iraq are in the right direction to build a solid banking sector."

A statement by the media office of the Central Bank of Iraq said earlier, "The Governor of the Central Bank of Iraq, Ali Mohsen Al-Alaq, met with Daniel Zeliko, Vice Chairman of the Board of Directors of JPMorgan on the sidelines of his visit to Washington."

 

The statement added that "during the meeting, it was agreed that JPMorgan will facilitate payments from the Iraqi banking system to the People's Republic of China to finance private sector imports directly."

 

He explained that "a number of issues related to reserve management, liquidity management and technical support provided by the aforementioned bank to the Central Bank of Iraq and the banking sector in Iraq were also discussed."

 

[6ly410]

'After a lengthy meeting with the Americans'

Statement from the Central Bank of Iraq regarding the exchange rate

2023.02.11 - 19:45

Statement from the Central Bank of Iraq regarding the exchange rate (nasnews.com)

 

 

Baghdad - Nas  

On Friday, the delegation of the Central Bank of Iraq met for long hours with the delegation of the US Federal Reserve and the US Treasury Department in Washington, D.C.  

  

  

  

According to a statement by the Central Bank of Egypt, a copy of which was received by NAS (February 11, 2023), "the two parties expressed their readiness to work together to face the challenges of working on the electronic platform for transfers and cash."  

The delegation of the US Federal Reserve and the US Treasury Department discussed "a number of support mechanisms for the Central Bank of Iraq to enhance its ability to deal flexibly with crises during this stage."  

The US Federal Reserve stressed that "the measures of the Central Bank of Iraq are in the right direction to build a sober banking sector."  

The Assistant Deputy Secretary of the US Treasury explained "ways to fully support the efforts of the government of Iraqi Prime Minister Mohammed Shia al-Sudani in economic reform, and the readiness of the US Treasury Department to provide the required support."  

  

The meeting listened to "a presentation by the Governor of the Central Bank of Iraq on the bank's directions in achieving its most important objectives to ensure general stability in prices, and options and proposals in the field of accelerating, expanding and streamlining the work of the electronic platform for external transfer."  

The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, confirmed "the bank's intention to launch the second package of facilities that will enhance the stability of the exchange rate."  

[6ly410]

Governor of the Central Bank of Iraq Ali Mohsen Ismail announces the bank's intention to launch the second package of facilities that will enhance the stability of the exchange rate

[6ly410]

go RV