Posts Tagged ‘Abdel Basset Turki’

05/12/2013 – 15:15

Questioned Supreme Audit report of Transparency International, which put Iraq in an advanced rank among the most corrupt countries in the world, calling for the organization to conduct surveys to get out accurate indicators of the occupation of Iraq an advanced rank among the most corrupt countries in the world,

according to Transparency International, was met with cold fast from the Audit Court, which confirmed that the organization has not conducted a survey in Iraq years ago Abdel Basset Turki \ President of Supreme Audit: We are not against the existence of statistics we are with the presence of the vital statistics for the construction of decisions, but the organization has the Notes formed outside the normal range of the organization, (more…)

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04/12/2013 14:12:00
Baghdad/ NINA /–The governor by interim of the Central Bank of Iraq Abdel Basset Turki discussed with Italian Ambassador Massimo Maruti the fields of economic cooperation and aspects of banking business development.

(more…)

– NOVEMBER 28, 2013
BAGHDAD – Eastern November 28: The governor of the Iraqi Central Bank acting Abdel Basset Turki he did not commit any violation of the law assuming the agency’s central bank in addition to his duties as president of the Board of Supreme Audit. (more…)

27/11/2013 – 18:38

stressed the Iraqi Central Bank, on Wednesday, the need to open all the foreign banks branches in Baghdad first, calling Bank Standard Jartrd British to be done qualitatively different from the rest of the foreign banks, as he emphasized the need for Iraq to change the mechanisms of action of banking it. (more…)

27/11/2013 16:28

Iraqi Central Bank announced Wednesday, it will allow companies to broker the sale and purchase of foreign currency to enter the daily currency auction.

The relationship manager in the bank in favor of Mahood’s “Tomorrow’s Press,” said that “companies to broker the sale and purchase of foreign currency would be allowed to enter the daily currency auction through any bank operating in Iraq,” adding that “such a decision that opens up a large and important for domestic banks on the one hand and corporate financial intermediation on the other hand the freedom of action. ” (more…)

Central Bank denies smuggling 800 million dollars a week to the Swiss bank confirms: This information is source-Hashemi

27/11/2013 12:34
He denied the Iraqi Central Bank, on Wednesday, the existence of smuggling weekly from inside Iraq to the Swiss banks, and confirmed that the statements Relations Committee Chairman European with Iraq on this subject “baseless and taken from the former Vice-President and sentenced to death Tareq al-Hashemi.” (more…)

Tuesday, November 26th, 2013
The Governor of the Central Bank of Iraq acting Abdel Basset Turki, all efforts to radically change the laws in the banking sector, under the guidance of the International Monetary Fund, stressing that «the new laws that advance economic reality». (more…)

The economist said the appearance of Mohammed Saleh, said that calls for amending the Law on the Central Bank of the table by the bank six years ago, noting that “the Banking Act current No. 94 of 2004 for commercial banking, and we do not have the law of investment banking for the purposes of development.”

and called for an economist appearance of Mohammed Saleh in contact with the (term), “banks that possess activities real agricultural, industrial or service and be king and operated for the benefit of the bank, and can buy the shares by more than 20% of the capital of the bank without the right to control the management and direction of investment, because the banks have financial surpluses Large and development of the country is Off not true that it is shutting down the investment window because of the nature of the law. ” (more…)

Central bank: zeros from the currency will not raise the lack of “appropriate circumstance”

Called on the Central Bank of Iraq, on Sunday, to “revisit” the laws of the banks and the Central Bank and the fight against money laundering, and attributed the cause to “address the problematic lack of challenge of the activity of banks and the World Bank in the management of the economy”, and pointed out that the zeros “will not lift from the Iraqi currency now for not suitable circumstance. “

The central bank governor said Abdel Basset Turki said in an interview for a number of media, on the sidelines of a workshop on the proposals to amend the Banking Act and the law of the Iraqi Central Bank and Amla, hosted by the bank in the Palestine Hotel in central Baghdad, said that “the importance of this workshop, which is held for the first time , is to review the laws written in exceptional circumstances and in an exceptional manner for nearly ten years and there are a number of comments made by the banks, “hoping that” all deficiencies are addressed. “

The Turkish that “country always needs to be new legislation and we have to think about legislation lasts for a long time to pay for greater stability and meet the requirements of development,” stressing the need to “rethink the laws of the three not only the laws of the banks, but Bank Law also the law against money laundering,” explaining that “The importance of the problematic address all deficiencies that limit the activity of banks and at the same time its developmental role in addition to the Central Bank’s role in the management of the economy.”

The central bank governor [said] that “the lifting of zeros from the Iraqi currency until now not on the cards because the envelope is not suitable justifications and still continue not to delete the list,” adding, “But when the central bank will decide to announce this matter.”

He continued Turkish “We have decided to exclude banks that have not a capital of 250 billion dinars, the central bank auction,” pointing out that “some banks embarked invite the General Assembly to raise its capital.”

Turki added that “the number of those banks does not exceed 5 banks and these exclusions are not immediate and final decisions,” asserting that “some banks made a pledge to raise its capital to 400 billion.” The CBI said on Sunday, seeking to amend the banking laws, including the proportional and the current situation, and pointed out that the money laundering law the most prominent laws that seek to modify it, while stressing that go to play the developmental role of the Iraqi economy. The Iraqi Central Bank revealed, on Sunday, the arrival of the foreign currency reserves of more than 88 billion dollars, indicating that it contributes to the stability of the dinar could be a “source of pride” for the Iraqis.

The Iraqi Central Bank revealed, earlier, his intention version Coins categories of small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the existence of a proposal for the issuance of Banknotes large value of fifty thousand dinars .

It is noteworthy that the Iraqi Central Bank was established as a bank independent under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies. Finished / 3
Updated: 25/11/2013 16:00

bit.ly/1i9rEWR

11/24/2013 17:00

Called on the Central Bank of Iraq, on Sunday, to “revisit” the laws of the banks and the Central Bank and the fight against money laundering, and attributed the cause to “address the problematic lack of challenge of the activity of banks and the Bank in the management of the economy,” and pointed out that the zeros “will not raise for the Iraqi currency now for not suitable circumstance. ” (more…)

11/24/2013 11:40

The Central Bank of Iraq, on Sunday, seeking to amend the banking laws, including the proportion to the current situation, and pointed out that the money laundering law the most prominent laws that seek to modify it, while stressing that going to play a developmental role of the Iraqi economy. (more…)

24-11-2013 01:40 PM
Free –
Revealed the CBI, on Sunday, the arrival of foreign currency reserves of more than 88 billion dollars, indicating that it contributes to the stability of the dinar could be a ‘source of pride’ to the Iraqis.

The governor of the Central Bank and the Agency, Abdul-Basit Turki, in a press statement that ‘bank accounts the beginning of October 2013 the past, recorded a reserve exceeds 76 billion dollars of hard currency’, noting that ‘accounts in November current, exceeded the barrier of 88 billion dollars those currencies’. (more…)

11/24/2013 14:08

Long-Presse / Baghdad
Revealed the CBI, on Sunday, the arrival of foreign currency reserves of more than 88 billion dollars, indicating that it contributes to the stability of the dinar could be a “source of pride” for the Iraqis. (more…)

Central bank: we will produce next year, the currency (50) thousand dinars and small coins in Arabic and Kurdish

Revealed the CBI, on Friday, expressed his intention to issue coins denominations are small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the presence of a proposal for issuing Banknotes large value of fifty thousand dinars.

The governor of the Central Bank and the Agency Abdel Basset Turki said in an interview to the (long-Presse), “The Central Bank is currently working in accordance with the tables and under the supervision of specialized committees to issue new coins with large groups.” (more…)

301809_341988339208228_1963361043_n32Revealed the CBI, on Friday, expressed his intention to issue coins denominations are small, indicating that those currencies, which may be issued sometime in the next year, will be written in Arabic and Kurdish, confirming the presence of a proposal for issuing Banknotes large value of fifty thousand dinars.

The governor of the Central Bank and the Agency Abdel Basset Turki said in an interview to the (long-Presse), “The Central Bank is currently working in accordance with the tables and under the supervision of specialized committees to issue new coins with large groups.” (more…)

Economy | 17-11-13 17: 44

Finance Committee MP/Kurdish Alliance/smart Najeeb, the new Central Bank issue bonds in dinars within the Bank’s policy to improve the value of the Iraqi currency against other currencies. (more…)

09/11/2013 14:43
Tomorrow Press / BAGHDAD: Iraqi Central Bank, on Saturday, has signed a contract with bpc British company to set up and update the retail payment systems and the development of the infrastructure of the Iraqi banking system.

The governor of the Central Bank and Abdul Basit Turki agency’s “Tomorrow’s Press,” that “the contract includes the implementation of a project payment and introduced in the retail banking business in the Iraqi public and private sector.”
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Central Bank: inflation in Iraq is scary, which is less than neighboring countries
16/10/2013 – 11:04

Considered the Iraqi Central Bank, on Wednesday that inflation in Iraq is scary which is less than neighboring countries, stressing its ability to curb any inflation in the event of a rally.

The central bank governor said Abdul Basit Abdul Samad said in an interview for “Alsumaria News”, “inflation in Iraq is scary and represents a modest compared to the size of inflation known,” adding that “the latest statistics indicate that the rate of inflation in Iraq is 3.5% and if added her housing becomes 5.02%. ” (more…)

447801Central Bank attributed the presence of the scarcity of good in paper currencies to the weakness of “mechanism” to receive damaged

11/10/2013 19:28

He attributed the Central Bank of Iraq, said Thursday there is scarcity in Banknotes good with small category in the markets to the weakness in the mechanism of receiving damaged, and pointed out that “careful” not to treat citizens or markets currencies damaged, because it works to continually replace, while confirmed having confounded much of those currencies potable ready to put up for trading. (more…)

western-union-review02-10-2013 10:16 AM

Baghdad (newsletter).The Central Bank summoned company (Western Union financial services, Inc.) to discuss the company’s work in Iraq.

A statement from the Central Bank received (News Agency), a copy of: the Central Bank Governor Abdel Basset Turki Agency held a meeting with the company (Western Union financial services, Inc.) to discuss the company’s future work in Iraq

bit.ly/1g4wO30

28/09/2013

The Central Bank of Iraq, as in other countries of the world, the management of the national currency and maintain the value and size of rolling them.

The central bank also oversees the commercial banking system. Unlike the Commercial Bank, the central bank has a monopoly to increase the money supply in the country or be reduced, which is that prints paper currency and metal coin. (more…)

said the Iraqi Central Bank, on Sunday, to discuss the report of the Arab Monetary Fund, noting that it came within the work session usual 37 Board of Governors of the central banks and monetary institutions Arabic. ,

the bank said in a statement issued today, and received “Alsumaria News”, a copy him to “Bank discussed the report of the Arab Monetary Fund and the draft reports of the Arab Economic consolidated in 2013, the agenda of the Board of Governors of the banks.” (more…)

The Central Bank Unveils measures to cover the national currency against the dollar and asserts: you can’t defeat the Iraqi dinar

He said the Central Bank Governor said Abdel Basset Turki told the (range Alpers), “the Central Bank intended to make Iraqi dinar rather stable against the dollar, especially in this difficult period,” the Central Bank has taken specific actions to cover the value of the Iraqi dinar. ”

The Turkish Bank record in recent months sharply to the dinar, born in local market confusion, “Noting that” the Bank, through decisions and actions, refer to the dinar exchange rate stability against the dollar, and that reassured the market that the dinar is still powerful, cannot be defeated from any quarter. ” (more…)

Turkish criticizes calls for the formation of the central bank monitors

Long-Presse / Baghdad criticized the central bank governor and agency Abdul Basit Turki, on Wednesday, calls for the formation of an independent body to monitor the work of the central bank, confirmed that invitations adopted views “failed to pull the bank for tracking and accountability of offenders,” while noting that the bank maintained Iraqi dinar from falling to “hidden hands want to manipulate it,” pointed out that the bank is making monetary policy “to serve the Iraqi economy and not to any party.” (more…)

09/19/2013
stressed the Iraqi Central Bank, on Thursday, the need to use modern technologies in Iraqi banks, indicating that these technologies will be the main base for work in banks.

bank governor said Abdul Basit Turki said in a statement released today, on the sidelines of a meeting with the post affaires new The Japanese Embassy in Baghdad Kanwski ناغاوكا, and received “Alsumaria News”, a copy of it on “The banking sector must be developed with the use of modern technologies in the work of Iraqi banks.” (more…)

12 Sep 2013
On this Monday, the Iraqi Central Bank (CBI) has taken some measures to revitalize the 19 foreign banks operating in Iraq. This action is supposed to rejuvenate the overall banking sector of the country. Also, it has to be noted that this will encourage the emerging foreign banks in Iraq in near future.

Bank Governor Abdel Basset Turki stated that the banking sector of the country requires more attention in order to increase the chances or hopes for foreign investments. The bank is keen to deal with the foreign companies or banking corporate. However, he also mentioned that CBI is not losing focus from the state-regulated banks and it is important that these state-regulated banking sector should do well in present scenario so that overall banking sector’s can be lifted up for clinching the trust of the common masses of the country. (more…)

Baghdad / Baghdadi news / .. Denied the Parliamentary Integrity Committee, on Monday, the resignation of central bank governor and Abdul Basit Turki agency from office. (more…)

Source: Governor of the Central Bank of Iraq and submit his resignation and agency experts in economy Hdhuroa of a combination between the two positions

08-09-2013

He informed source close to the “Iraqi Central Bank Governor agency Abdul Basit Turki he submitted his resignation today,” to Prime Minister Nuri al-Maliki, due to not being able to manage work at the Central Bank and the Office of Financial Supervision, (more…)

Attempts to undermine the regional economy and the Reserve Bank

The Head Office of control of the money and the Iraqi Central Bank Governor Abdel Basset Turki said that regional States seek in one form or another to destroy the Iraqi economy through financial and banking war.  However, he noted that Iraq today largely reassured after the reserve amounted to approximately $ 80 million of hard currency. (more…)

Editorial: Are prevail dinar currency Really?

07/21/2013 12:00 AM

Yasser incumbent
succeeded Association of Iraqi private banks in Iraq to pull the rug out from under those who tried to harm the reputation of banks Iraqi special purpose Aobdon inadvertently untapped opportunity crisis, the central bank and its repercussions, which dropped بتبعيتها the new administration culminated in creating a gap between them and the banks are confused reforms, the new and make it wandering in Aqrarart and swift action to be overlooked. (more…)