CBI INFO & IRAQI DINAR NEWS

World Bank delegation visiting Baghdad

Revealed the CBI for a planned visit by World Bank Vice President for the Middle East and North Africa Inger Anderson to discuss the monetary policy of Iraq, as well as some development projects aimed at poverty reduction. Read more…

CBI announces controls the opening of branches of foreign banks

Central Bank of Iraq controls the opening of branches of foreign banks in the country. The deputy governor of the Central Bank of Iraq the appearance of Mohammed Saleh (Center Brief for IMN) “The bank wants opened a branch in Iraq must have been made a profit during the past three years with the backing of the monetary authorities in Read more…

Need to restructure the banking sector through the development of regulations and laws by the Central Bank

Banker: the need to restructure the banking sector through the development of regulations and laws by the Central Bank

Date: 28/08/2012 06:38:22 Tuesday

Baghdad (news) .. Called banking expert Mohsen Ali to restructure the banking sector through the development of regulations and laws by the Central Bank on the Iraqi banks and they need to apply because some banks operate without controls what affected the economic activity and lost the trust of Read more…

the end of the preparations discuss new legislation for Iraqi banks

Confirmed a member of the Knesset Finance Committee Kurdistan Alliance MP Najiba Najib “the end of the necessary preparations to discuss the new legislation with the central bank for the advancement of Iraqi banks.”

Najib said today that “the Commission ended its willingness to Read more…

Economist: most of the central bank’s measures to reduce the price of the dollar failed and illogical

Economist: most of the central bank’s measures to reduce the price of the dollar failed and illogical

Date: 28/08/2012 13:34:40 Tuesday

Baghdad (news) .. Advised economic expert Ghazi Kanani, the central bank to take steps scientific thought to reduce exchange rate of the dollar against the Iraqi dinar, pointing out that most of the previous plans to do that did not last effect long and illogical.
Kinani said (of the Agency news) on Tuesday: Most measures the Central Bank to reduce the price of the dollar did not Read more…

Economist: Most of CBI actions to reduce dollar are incompetent and illogical

Baghdad (News) … The Economist advised Ghazi, soldier, the Central Bank to take steps to reduce scientific dollar Iraqi dinar, noting that most previous plans to do this effect did not last long and illogical.

Said Nelly (News Agency news) on Tuesday that most of the actions of the Central Bank to reduce the dollar didn’t work, they must be moved from the auction sale of currency the Central Bank to banks to increase the supply and reduce demand for the dollar and giving the banks a share of dollar as capital. Read more…

Integrity Commission intends to disclose the names of those responsible counterfeiters

Babinaoz – Agencies: announced Director of Information Integrity Commission Hassan Karim Aati Authority plans during the semi-annual conference which will be held next week reveal the names of all the officials counterfeiters in the government and parliament and institutions who provided false documents. Read more…

CBI decided to launch new currency in July 2013 instead of January 2013

A member of the parliamentary Finance Committee, a coalition of law Haitham al-Jubouri said “the central bank decided to launch the new currency in the 7/1/2013 after postponing the launch in 1/1 of the current year.

Jubouri said in a statement singled out by the reporter and news Read more…

Faizullah: the project to delete the zeros will not benefit the national economy

Faizullah: the project to delete the zeros will not benefit the national economy

on 8/27/2012 | Author Muhannad David | readings 6 |

Righteousness electronic / Baghdad

Likely Deputy Finance Committee Chairman Ahmed Hassan Faizullah, host central bank governor during the next few days in the House of Representatives to discuss the sale of the currency and the project to delete the three zeroes, noting that the draft deletion of zeros from the currency does not add anything to the national economy but will Read more…

Central bank sells more than a quarter of a billion dollars at an auction Monday

Central bank sells more than a quarter of a billion dollars at an auction Monday

Monday, 27 August / August 2012 17:51

{Baghdad: Euphrates News} central bank sales fell in the auction on Monday to reach {254} million and {975} thousand dollars after it was yesterday {264} million and {252} thousand dollars.

The number of banks participating in the auction {26} banks after yesterday {26} while banks maintained the exchange rate of dollar selling against the Iraqi dinar in Read more…

Trade Bank of Iraq gives Platinum credit cards are supported globally

Trade Bank of Iraq gives Platinum credit cards are supported globally

08/26/2012

BAGHDAD / JD / .. Announced TBI commercial for granting credit cards sophisticated internationally certified for its customers discerning.
said general manager TBI Hamdiya Dry / for JD /: that the bank began to issue cards Platinum international credit card and global credit and that can handle whereby internationally and give to customers the bank who have dealings Positive and spacious with Read more…

Central Bank: the existence of branches of foreign banks in Iraq is part of Iraq’s accession requirements of the WTO

Central Bank: the existence of branches of foreign banks in Iraq is part of Iraq’s accession requirements of the World Trade Organization

Monday 27 August 2012

BAGHDAD – babysit – CBI said that the presence of branches of foreign banks in Iraq is an important part of Iraq’s accession requirements of the World Trade Organization.
The deputy central bank Mhaaft appearance of Mohammed Saleh in a press statement: “The Law of the Central Bank of figure 94 of 2004 allowed foreign banks to open branches in Iraq for the last open branches in various Read more…

CBI: the existence of foreign banks in Iraq is part of Iraq’s accession requirements of the World Trade Organization

CBI said that the presence of branches of foreign banks in Iraq is an important part of Iraq’s accession requirements of the World Trade Organization.

The deputy central bank Mhaaft appearance of Mohammed Saleh today: “The Law of the Central Bank of figure 94 of 2004 allowed foreign banks to open branches in Iraq for the last open branches in various countries.” Read more…

Parliament: the project to delete the zeros will not benefit the national economy

Parliament: the project to delete the zeros will not benefit the national economy

26/08/2012 12:00 am

BAGHDAD – morning
likely Vice President Finance Committee MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, host central bank governor during the next few days in the House of Representatives to discuss the sale of the currency and the project to delete the three zeroes, noting that the project to delete the zeros of the currency does not adds nothing to the national economy but will Read more…

UN’s Economic and Social Affairs predicts a 10.5 pct economic growth rate for Iraq

BAGHDAD / JD / .. predicted by the Economic and Social Affairs of the United Nations “ESCWA,” to reach the economic growth rate in Iraq to 10.5 percent.

committee said in a report released recently that it expects that rate to be growth in the Gulf states of 4.5 percent and in Iraq 10.5 percent , but most countries in the region will not exceed growth rate of 0.8 percent. Read more…

Member of the Finance Committee: the advent of foreign banks support the Iraqi banking sector and earn experience

Baghdad (News) … According to a member of the Finance Committee of Kurdistan Alliance Deputy//Risalat Najib, increasing foreign banks in Iraq in accordance with the law No. 21/1997 would strengthen the work of Iraqi banks and supports the Iraqi banking sector. Read more…

Deleting zeros will cost Iraq huge amounts of money in terms of printing and operations

Between Deputy Chairman of the Finance Committee, Ahmed Hassan Faizullah, that the project to delete the zeros from the currency does not add anything to the national economy, adding it will cost him large sums of money for currency printing operations and others.

Said Faizullah according to the Agency (news) The Economic and Finance Committees Alniabaten plan to host the central bank governor touched on important topics concerning the local currency and the national economy such as the sale of hard currency operations in the auction to reduce the smuggling of currency and money laundering Read more…

CBI: financial watchdog report Warka Bank completed soon

CBI: financial watchdog report Warka Bank completed soon

26/08/2012 13:33

Baghdad August 26 / August (AKnews) – The Iraqi Central Bank, on Sunday, for near completion Sgt financial report on Bank Olokue which was placed under trusteeship in March last after the deterioration of its financial position. decided to CBI early March last put his tutelage on the Warka Bank because of the deteriorating fiscal policy. , the bank said imposing guardianship on the Warka Bank came to rescue him.summarized tasks central bank in the Read more…

Statistic: half of the money transferred from Iraq contraband

Statistic: half of the money transferred from Iraq contraband

Babylonian News / Baghdad

am 11:25 Saturday, 25/8/2012

Revealed a senior Iraqi official said half the funds transferred from Iraq to abroad since 2004 funds contraband, stressing that these funds have not been matched goods or services or meet the debt owed after business dealings and other but can be incorporated within the framework of smuggling for the benefit of Read more…

Fears of exploitation of a project to replace the currency to pass block counterfeit cash

Fears of exploitation of a project to replace the currency to pass block counterfeit cash

Saturday, August 25, 2012 09:40

BAGHDAD / Baghdadiya News / .. created the process of replacing the Iraqi dinar current dinar known Iraqi Dinars (Saddam) printed badly, in 2004, and managed many quarters to replace billions of dinars counterfeit time, fears of many stakeholders to repeat the same experiment during replacement announced by the central bank, especially after the latter Read more…