Iraqi banks are closed today to complete the semi-annual financial settlements

[goldengoose]

I merged them

'Munsch',

Thank you for the effort.

Happy Fourth of July to you and your family!

GG

[proteus]

Iraqi banks are closed today to complete the semi-annual financial settlements

Posted: July 3, 2011 by THE CURRENCY NEWSHOUND

7/03/2011

Shut down government and private banks closed “Sunday” to complete the semi-annual financial settlements.

And monitored the “gate of Iraq” stop work across branches of government and private banks in Baghdad.

Bankers said, “the gate of Iraq” All bank branches nationwide, closed its doors today, to complete the work of the semi-annual adjustments, which include all of the analysis, including financial accounts, savings accounts and current accounts.

They added that “this action semi-annual, usually at the end of the fiscal year and the first of July of each year, and because of the holiday coincided with the end of the week that date was postponed implementation of these measures to the third day of July.

And stop banking operations, including drag-and-arrest operations in this day with the public.

The number of banks in Iraq, about 42 banks, including six state banks and 35 private banks, has deployed dozens of branches across the country, next to Spahfrua of foreign banks.

The Central Bank of Iraq has committed private banks recently increased their capital to become a 250 billion Iraqi dinars, the equivalent of U.S. $ 214 million for three phases, for a period of three years.

http://donotpromoteothersite.com

Edited July 4, 2011 by Munsch
do not promote other sites

[VTGuy84]

Already posted:

[Crow]

But CBI had an auction today? Wierd?

I said the same thing in another site..and they said that these auctions are an internal thing.....which makes sense because the public does not bid on these its between banks.....plus the fact that warka was open but not to the public..........

lets just hope this is related to the RV!

[Black.Sheep]

People please use common sense. If the banks are closed to "do the books" but the employees are not there; then who is working on the books? Just because the doors are closed to the public does not mean business is not going on. The guy who gets paid to work the auction does not work with the average everyday customer so he still has to do his job even if the local branches are open or closed. Just like the soldiers in combat do not get weekends or holidays off even though their fellow solders back home do. What applies to some does not apply to all.

It is better to remain silent and be thought a fool than to open one's mouth and remove all doubt.

Abraham Lincoln

[Bjizzle30]

I received an email today in regards to my Warka account...so someone was working there.

[R2d2dc]

Thanks for the Souza, one of my favorites of All time.

[AZ Native]

Check out this article and then tell me how the CBI can have an auction if all the banks are closed???

Economics »Iraqi banks closed their doors today to complete the semi-annual financial settlements

raqi banks are closed today to complete the semi-annual financial settlements

03/07/2011 8:13 ص 07/03/2011 8:13 الإقتصاد , غير مصنف Economy , Uncategorized no comments no comments Baghdad, "Iraqi gate," Mohammad Sharif

Shut down government and private banks closed "Sunday" to complete the semi-annual financial settlements.

And monitored the "gate of Iraq" stop work across branches of government and private banks in Baghdad.

Bankers said, "the gate of Iraq" All bank branches nationwide, closed its doors today, to complete the work of the semi-annual adjustments, which include all of the analysis, including financial accounts, savings accounts and current accounts.

They added that "this action semi-annual, usually at the end of the fiscal year and the first of July of each year, and because of the holiday coincided with the end of the week that date was postponed implementation of these measures to the third day of July.

And stop banking operations, including drag-and-arrest operations in this day with the public.

The number of banks in Iraq, about 42 banks, including six state banks and 35 private banks, has deployed dozens of branches across the country, next to Spahfrua of foreign banks.

The Central Bank of Iraq has committed private banks recently increased their capital to become a 250 billion Iraqi dinars, the equivalent of U.S. $ 214 million for three phases, for a period of three years.

http://translate.goo...ized%2F34588%2F

Just made it easier to read.

[WHATTHE]

Couldn't it be the equivalent to teachers having professional days? The kids don't come in, but they still work. The banks' doors are closed to walk in traffic, but they are still working behind those closed doors...hopefully on an RV!! Therefore, they could have an auction.

yeah, that's pretty much it. the banks closed their doors to customers but were working...that's exactly what the article said...

[Munsch]

Already posted:

I merged them.

[JayLee202]

This has nothing to do with an RV folks. Just make your investment and leave it alone. If you're looking to get rich then get on your grind to get there. This RV should be an addition to your wealth, not a lottery ticket. If a lottery ticket is what you're looking for then you'll be broke again in five years just like your average lottery player. Invest and leave it alone til it RVs. Just saying!! Real Talk!!

[Munsch]

I am just curious ... Has anyone found out if the banks are still closed today??? If so please post it as a new News article.

[Dynomike]

Perhaps, this is the cutoff to determine the value of all accounts prior to the RV to establish the New Value post RV??????

Makes Perfect sense!,, wait and see......

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