CBI INFO & IRAQI DINAR NEWS

Raise the zeros in the book

Raise the zeros in the book

26/06/2012 0:00

BAGHDAD – Al Sabah
was recently a book titled ((studies and views in the process of lifting of the zeroes)) The economist and Associate Dean of the Faculty of Business and Economics at the University of Mustansiriya Dr. Falah Hassan Thuwaini, eat the book that came with 216 pages of medium size, dozens of opinions, articles and research dealt with in detail in place to delete the zeros from the currency, offering at the same time all the matter from the issues of positive can be Read more…

Expert: the establishment of a system of “national divider” between the Iraqi banks will accelerate its work

Expert: the establishment of a system of “national divider” between the Iraqi banks will accelerate its work
On: Tuesday 26/6/2012 8:06

Baghdad (news) .. According to an expert in banking as beautiful that the establishment of a system divided the national inter-Iraqi banks will reduce the red tape and helps to complete banking transactions as soon as possible.
, said Jamil (of the Agency news): The banking system in Iraq is behind the Read more…

Expert: banking problems shaking the reputation of the banks and the trust of the customer

Expert: banking problems shaking the reputation of the banks and the trust of the customer
On: Tuesday 06/26/2012 12:45

Baghdad (news) .. Said economist Majid picture, that banking problems affect (100%) on the customer and the employee the banking and hence the reputation of the banks (government and private).
said the picture (of the Agency news) said on Tuesday: The banking problems lead to the reluctance of customers about the fear of possible non- to recover the money in the event of problems lead to the closure of the bank, as happened in the Read more…

Advisor to the Central Bank: Open a new Islamic banks will enhance the work of state banks

Advisor to the Central Bank: Open a new Islamic banks will enhance the work of state banks
On: Tuesday 06/26/2012 13:51

Baghdad (news) .. Confirmed the central bank adviser appearance of Mohammed Saleh, that the opening of Islamic banks will enhance the work of government banks and limit the operations of corruption Banking and attract citizens to save their money in banks.
Saleh said (of the Agency news) said on Tuesday: The opening of Islamic banks new will enhance the work of banks and attract people to save money they are dealing with tools Muslim based on Halal and Haram in Islamic law and on the profit-sharing between the bank and the customer is not based on usury. He explained: that the initiative of the Finance Committee, which has coordinated with the Central Bank to develop a project to open bank rivers Muslim after the holiday, the legislature, are beginning to form Islamic banks large in Iraq. He added that the Finance Committee put forward the project to read and then presented to the House of Representatives for a vote in the coming days. / End / 21. d. Q /
Source: ikhnews

The legislature directed the Central Bank to support the deletion of zeros on the currency

The legislature directed the Central Bank to support the deletion of zeros on the currency

25/06/2012 19:13

Erbil, June 25 (Rn) – The Finance Committee of the House of Representatives of ethnic Monday that the legislature go to support the central bank policy on the removal of zeros from the currency. central bank says it completed a road map to get rid of three zeros from the currency to reduce the mass Cash and ease of financial transactions in line with the new situation of the Iraqi economy. But the Read more…

Parliament and Fiance committee support revalue of Iraqi Dinar

Parliament and Fiance committee support revalue of Iraqi Dinar

26/06/2012 03:30
ERBIL, June 25 (AKnews) – The Iraqi Parliament and the Finance Committee support the Central Bank of Iraq (CBI)’s efforts to revalue of the Iraqi Dinar through the removal of three zeros from the currency.

The CBI has announced that it has finalized plans to remove three zeros from the Iraqi currency in order to revalue it. The Read more…

Central Bank: The process of deletion of zeros will not affect the entry of citizens

Central Bank: The process of deletion of zeros will not affect the entry of citizens

Monday, June 25, 2012 18:16

BAGHDAD / Baghdadiya News / .. Iraqi Central Bank confirmed that the new change in the process of deletion of zeros will not affect the entry of citizens or their wealth, but will contribute to the cancel (dollarization) Amounts in banking.
The appearance of Dr. Mohammed Saleh, Deputy Governor of the Central Bank of Iraq, Monday, during the symposium at the University of Baghdad, entitled (monetary policy and the deletion of zeros) attended by agency / Baghdadiya News / “The new change Read more…

Appearance: coefficient of import-friendly environment for the destruction of paper currencies

Appearance: coefficient of import-friendly environment for the destruction of paper currencies

06/25/2012

BAGHDAD / JD / .. Central Bank of Iraq announced on his contract for the import coefficient of damaging the coin-friendly environment. The deputy governor of Bank of the appearance of Mohammed Saleh told / JD / “The Iraqi government contracted to purchase equipment for the destruction of eco-friendly currencies according to the latest global technologies.” Saleh added Read more…

Integrity Commission set the employee in the Ministry of Commerce took over billions of Iraqi dinars

Integrity Commission set the employee in the Ministry of Commerce took over billions of Iraqi dinars
Monday, June 25, 2012 09:37

[Baghdad – where]

Being a team from the Department of Investigation Authority integrity of inquiry and continuous scrutiny to determine the total amounts Achtlsthe one of the employees of the Ministry of Commerce of forging receipts during the arrest and the acquisition amounts.

A report to the Department seen by agency all of Iraq [where] the investigative team and in coordination and cooperation with the Office of the Inspector General of the Ministry of Commerce and the Audit Committee in the Department of Registration of private companies counted Read more…

Central Bank excludes petroleum products from oil and gas from the inflation indices

Central Bank excludes petroleum products from oil and gas from the inflation indices
Date: Monday 25/06/2012 16:50

Baghdad (news) .. rule out the Central Bank of petroleum products from oil and gas from the inflation indicators in Iraq, stressing that the strength of the Iraqi dinar will be able to reduce inflation.
Deputy Governor of the Central Bank of the appearance of Mohammed Saleh said in a statement (of the Agency news) said on Monday: that the bank Central exclude Read more…

Baghdad declares its support for the work of investment banks in Iraq

Baghdad declares its support for the work of investment banks in Iraq

24/06/2012

BAGHDAD / JD / .. Baghdad province announced its support for the work of investment banks in Iraq. A statement issued by the province received / JD / copy of it: that the first deputy governor of Baghdad, Mohammed Al Shammari discussed with the delegation of the Mediterranean Bank cooperation with banks to coordinate their work in support of investment activity within the Read more…

Shabibi Iraq raises issues of banking in Switzerland

Shabibi Iraq raises issues of banking in Switzerland

24/06/2012

BAGHDAD / JD / .. Central Bank of Iraq is preparing to participate in the meetings of the Bank for International Settlements in Switzerland. The governor of the central bank’s Shabibi / JD / “The meetings of the Bank for International Settlements in Switzerland will be held today to discuss issues of international banking and financial as well as the global economic crisis.” Shabibi said, “I will put in the Read more…

Central Bank: We will not receive the old currency after you delete the zeros of the citizens only by banks

Central Bank: We will not receive the old currency after you delete the zeros of the citizens only by banks

Sunday June 24, 2012

BAGHDAD – and babysit – said the CBI to hand over money when you switch the currency will be exclusively from banks to prevent the entry of counterfeit currency.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh in a press statement: “The project currency exchange will continue for ten years, but indirectly, to enable the citizens to Read more…

Expert criticizes the lack of coordination between fiscal and monetary policies

Expert criticizes the lack of coordination between fiscal and monetary policies

24/06/2012 0:00

Said that it is the most prominent Marqlat determine the exchange rate
of Baghdad – Al Sabah
said an economist said the central bank’s demands in cooperation with the government, larger for the highest possible coordination between fiscal and monetary policies, pointing out that this principle was enshrined in the Bank Act No. 66 of 2004, as well as law financial management, public debt, No. 95 of the same year. explained Karim Hammoud Faraj Speaking (morning) that the crisis experienced by the exchange rate of the Iraqi dinar against the dollar due to several reasons, Read more…

Attract a financial or economic alienation? (3-3)

Attract a financial or economic alienation? (3-3)

24/06/2012 0:00

The problem of economies in transition in Iraq
d. the appearance of Mohammed Saleh
away from Polemics circle that all damage in a vicious circle, where you see a school of public finances in a liberal financial market, and its ability continued to generate financial capital and the National Maerafgah phenomena of alienation financial ends in warehouses financial wealth outside the country, is to graduate from being a tax recession incubator development that Read more…

Member of the economy: should be allowed to open branches of international banks to advance solid investment

Member of the economy: should be allowed to open branches of international banks to advance solid investment
On: Sun 24/06/2012 8:04

Baghdad (news) .. The member of the Committee on the economy and investment MP / National Alliance / Ibrahim Rikabi to be allowed to open branches of international banks solid in the country to boost investment forward.
Rikabi, (of the Agency news): The companies major investment needs to global banks prudent to deal with it being used technological modern banking in its dealings bank to secure their money and Read more…

Member of Finance Committee: Securities Commission to require a new law regulating its work

Member of Finance Committee: Securities Commission to require a new law regulating its work
On: Sun 24/06/2012 11:42

Baghdad (news) .. Member suggested the Finance Committee MP / National Alliance / Secretary Hadi legislation a new law on the Securities Commission to regulate the work, calling for development of the work the Iraqi Stock Exchange because it reflects the economic activity in the country.
said Hadi (to the Agency news) on Sunday: Each financial institution must Read more…

Banking: the central government restricts work of private banks

Banking: the central government restricts work of private banks
On: Sun 24/06/2012 14:18

Baghdad (news) .. The head of the Board of Management Economy Bank Hossam Obaid Ali, that the private banks facing a “war” severe by the central government issued tough decisions affect the work of private banks.
Ali (of the Agency news) said on Sunday: The central government restricts work of private banks through issued a decision limiting its work without justification. He added that the first action carried out by the government issuing a decision to Read more…

Intended pictures stated for the new Iraqi dinar!!!

Imams bridge is decorated with the new currency

on 23.06.2012

Integrity of electronic / Baghdad

Book said the central bank is entitled to the Directorate General of issuance and integrity electronic safes got a copy of which include the paper currency printed Almzaam yolk after the process of deleting a number of the most important monuments and pictures, a picture of a bridge imams and the magnitude of the significance of high value .

He said the book: This is dedicated to the highest class of the new currency a category (200) two hundred Iraqi dinars and the dinars on the back of this paper and put a picture of the Baghdad school .

And placed on the face of the category (100) Iraqi dinars, hundred dinars, Read more…

Proposed conversion of private banks to large financial institutions will support the financial sector

Financial Advisor: Proposed conversion of private banks to large financial institutions will support the financial sector
On: Saturday 06/23/2012 12:25

Baghdad (news) .. Supported the financial advisor to the North Bank for Finance and Investment wholesome Elias Abou, a proposal the central bank to transfer the private banks to large financial institutions with capital is high, because it will support the financial sector and gain the trust of the public.
said Abbou (of the Agency news) on Saturday: The most developed countries where there is financial institutions, large and small operating controls and the Read more…