Posts Tagged ‘Financial services’

On: Sat 12/07/2013 11:00

The news agency here south / Anmar al-Zaidi

Fidelity National revealed that investment in Iraq has a lot of gaps and problems that hinder the evolutionary process of the country.
The head of Fidelity National Engineer Sherwan Waeli in an interview, “Here for the south,” said investment in Dhi Qar and the country in general, a lot of gaps and problems that hinder the evolutionary process because of some land and investment laws that are disabled or not attractive for investment. (more…)

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IPO, “National Bank of Iraq,” to raise capital
December 5, 2013 13:19

National Bank of Iraq (BNOI)
Next Monday .. IPO (more…)

Senior Economist: Raising the zeroes corrective action to facilitate the transfer and account currency
Sunday, 24 October / 2 November 2013 08:11

The expert described the economic, Akram Abdel-Aziz, a step central bank to raise zeros from the local currency, “the action to reform aspects of the calculation.” It said in a statement told all of Iraq [where]: “The deletion of zeros is the restructuring of the financial sector and banking and reconsider the monetary policies.” (more…)

Confirmed a member of the Economic Committee MP / coalition in Iraq / Nora Bijari, that the spread of the culture of dealing with money-mail rather than cash contribute significantly to improving the system of payments and strengthen it.

said Bijari (of the Agency news): The activation of the payment system by ironing card and the balance of Mobile maintains liquidity in the bank accounts and reduced cost transportation and protection money from one place to another. (more…)

Shankali: merge small banks serving owners and support investors

10-11-2013 04:41 AM
Baghdad (newsletter). He welcomed the Economic Committee member MP/Kurdish Alliance/j. shankali, the idea of integration of small private banks to ensure their survival and to compete for the global economy. (more…)

10/23/2013 12:00 AM

BAGHDAD – morning
counting parliamentary Investment Law No. 13 of 2013 and its amendments Palmrn to its potential in facilitating investments, but did not reach the standard format to attract.

said a member of the Economic Commission parliamentary deputy Abdul-Abbas Xiaa: The legislation window to اتلبي ambitious investor in some joints. pointing out that Amendment expected the investment law will be issued to contain loopholes that confuse reality venture. (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

22-09-2013 11:31 AM
Baghdad (newsletter). Banking expert, said Majid, the shadow project ‘ chunked ‘ to pursue retail transactions in banks.

Mock said (News Agency): the divided national is a positive step that facilitates corporate citizens are treated with banks in accordance with modern technology, noting that the Central Bank continues to work despite the noise raised by some politicians against this project. (more…)

12-09-2013 11:45 AM
Baghdad (newsletter). Banking expert said NAFI Elias Abou, the local community development banks in their work through the use of modern technological systems, criticizing statements by some deputies and economic figures on the failure of the private banking sector.

He said Abbou (News Agency): local banks despite the short life, it operates under modern technological systems and keep pace with developments in the banking world, through the use of a mechanism that helps reduce the time and speed of transactions. (more…)

24/08/2013 12:00 AM

is insurance on investment projects implemented by foreign companies with insurance companies Iraqi urgent need to achieve the greatest benefit to the economy, because that – according to academic economist – contributes to the employment of money and the expansion of domestic investment in various sectors because companies Insurance can benefit from hiring their money in many ways to ensure the sustainability of its business through the achievement of revenue good investments and real estate loans and contribute to private sector companies and mixed. (more…)

15/04/2013

BAGHDAD / JD / .. called for economic and investment commission in the House of Representatives to take advantage of the financial crisis faced by the major countries and enter into agreements at the level of import countries or companies that payment be processed on credit.

The report of the committee obtained by / JD / a copy of it that a large part of the development projects imported components in whole or in part from the outside world, adding that the formula used since the regime change in 2003 was the payment of credit 100% in advance. (more…)

Published on Saturday, 06 April / April 2013 22:15

Detection judicial source high-level, on Saturday evening, the pressure exercised by the banks’ offense have files with the judiciary in the case of the Iraqi Central Bank to a group of judges, while pointing to the success of banks offense to put pressure on prominent judge was instrumental in reply to cancel the tutelage of the bank to a bank.

The source told “obelisk”, “The banks’ offense has the files of the Iraqi judiciary in the case of the Central Bank of Iraq to put pressure on a group of judges,” adding that “these banks have succeeded in pressuring a prominent judges of the case.” (more…)

Date: Saturday 23/03/2013 06:03 pm

Said a member of the Committee on the economy and investment MP Nahida Daini “that its working to create a suitable platform for investment and remove all obstacles to attract foreign investment and to support the investment process.

Explained Daini” that the investment process in the country suffers from a number of obstacles, including that of legislation legal and there is no cover bank maintains on the corporate finance and guarantee their rights. (more…)

Economist Opinion: banking system development will contribute to the promotion of investment in the country
Date: 13/03/10 14: 24: 30 Sunday

Economist Abdul Sattar Al-Hashemi stressed the importance of development of the banking sector with the latest technologies to facilitate banking transactions and support economic development in the country, called for the creation of a suitable climate for investors.

(more…)

23/02/2013

Baghdad (news) confirmed banking expert Mohsen Ali, the importance of introducing banking systems modern work of local banks private and government to keep pace with the evolution in the banking field and linked banks world.

said Ali (of the Agency news): The banking sector a major role in supporting and developing the investment process and the economy In general, must be provided a suitable ground for the support and promotion. (more…)

Thursday 21/02/2013 03:39 pm

Baghdad / WAP / search of the Secretary-General of the Council of Ministers on the Keywords with the Governor of the Central Bank and the Agency and Chairman of the General Authority for Customs and a number of representatives of the relevant authorities ways to raise obstacles for the banking sector, and activation of the system Alkmarki to achieve economic development. (more…)

Author: Al Bayan wrote: February 11, 2013

Called CBI departments banks authorized to exercise banking status controls for granting credit cash and promissory for individuals and companies.

drew the central bank said in a statement banks need to identify the minimum insurance that met by the bank when granting credit, including the powers extraordinary to ensure individuals natural and legal and announce to the public in the first next March. (more…)

The opening of bids for the sale and purchase of the dollar daily Almaútan and third two thousand and ninety for the sale and purchase of foreign currency in the Central Bank of Iraq on Monday 1/14/2013 and the results were as follows:

DETAILS NOTES
Number of banks to contribute to the auction 23
Price foundation on which successful bidder selling dinars / dollars 1166
The price at which successful bidder JD Hraoua / USD —–
The amount sold by the bank at auction – $ 214,160,000
Amount the buyer by the bank at auction – $ —–
Total Leads – U.S. 214,160,000
Total Offers – U.S. —-

(more…)

01/10/2013 12:00 am

BAGHDAD – morning
likely a member of the Committee on the economy and investment MP Jassim Mohammed Hussein, install Prime BSA Basset Turki governor to manage the central bank to the attributes of the experience financial and personal internationally acceptable. (more…)

7F128BC8-A604-4B91-8A4A-4E347DEB675A_w268_r105/01/2013

Became circulation banknotes shattered economic and social problem, affecting citizens constantly due to the failure of vendors and stakeholders public to deal with.

Ms. Avia Ali suffers from the exchange bank notes torn, since rejected by shopkeepers and drivers taxis. indicated Nawal Hamid Aboud It Her shop they refuse to deal with these papers, because they can not get rid of them easily, since rejects traders received them. (more…)

Author: HM Editor: CC | GS Wednesday 17 v 1 2012 08:14 GMT

Deputy Governor of the Central Bank the appearance of Mohammed Saleh

Considered the Central Bank of Iraq, Wednesday, that the financial sector has seen a liberal high not borne by Iraq, and stressed that he still follow the pre-market economy, pointing out that the other “does not understand” in foreign exchange operations. (more…)

Friday 12 October 2012

Follow-up – and babysit – reported by the Commission services and reconstruction MP / coalition of Kurdish blocs / Cheyenne Mohammed Taher, that highlighted the challenges facing the sector investment in Iraq is failure of the banking system for banking technologies global, and the lack of stability of a security fully, which led to the reluctance of many from international companies to invest in the country, calling to amend the investment law format attract companies and promote the country’s economic process. (more…)

Future news agency – 09/19/2012
London / With: Deputy Prime Minister Ruz Nuri Shawis “the government is serious in continuing financial sector reforms and banking and support efforts to improve the banks Iraqi civil to be able to contribute to an effective and serious in the process of building modern Iraq.” (more…)

09/19/2012 12:02 am

To qualify in the implementation of development programs

BAGHDAD – Hussein Tgb Tamimi
heading efforts economists and money into researching how to bridge the wide gap between the performance of the domestic banking sector and his world. (more…)

09/16/2012

BAGHDAD / JD / .. Prime Authority National Investment Sami al-Araji, went body to repair some of the paragraphs Investment Law No. 13 of 2006. (more…)

Orr News Agency – 09/15/2012
Sources financial Iraqi for that investment conference in the banking sector and banks in Iraq, which will be held in London on 18 and 19 of this month, will make Iraq a bank to finance the economies bankrupt and saving banks Europe and the United States as is the case with the banking sector Gulf. (more…)

Expert: system (split national) will promote the work of credit card and facilitates the circulation of funds in the market
Date: 19/08/2012 13:34:12 Sunday

Baghdad (news) .. Stressed the economic expert Majid picture on the importance of establishing a system of “chunked” National banks which connects telecommunications network standard that will develop the banking system and facilitate the circulation of funds in the domestic market, noting that it will promote the work of credit card and how to handle them. (more…)

Rasheed Bank intends to finance housing projects exclusively within the plan of 2012 through the banking and lending an amount equal to 100 salary for public sector employees and 30 million Iraqi dinars for the non-staff for the purpose of purchasing homes.

(more…)