"Another Step" - Dinar Alert News Discussion w/ Kaperoni, Enorrste 9/22/17

GURU HUNTER Posts : 16555 Join date : 2012-04-10

Dinar Alert

Enorrste: I would not be surprised to see Iraq move into Article 8 late this year and start the float either at that time or at the beginning of next year.

Kaperoni: Private Banks Association organizes a workshop on safety requirements for financial systems conversion

20/9/2017 Economy News Baghdad:

Organized by the Iraqi Association of private banks, on Wednesday, a workshop in collaboration with kpmg International Company on safety requirements for financial systems conversion and was attended by 100 employees from the Iraqi and foreign banks operating in Baghdad.

The head of the Iraqi private banks association, Wadih Handal, during the workshop which was attended by "Economy News", "This workshop comes at a very important time is determinedly Iraqi banks open up to the regional and international banks and boost confidence between them to reflect positively on the banking sector."

He added that "compliance with safety requirements in the financial transfer systems standards will show the extent of the Iraqi banking sector's commitment to applying the latest international standards in the banking sector and will contribute to the strengthening of the positions of Iraqi banks and the establishment of relationships with correspondent banks,"

noting that "the presence of the central bank for most of the workshops held by the Association of private banks a great indication of its importance because it is part of his strategy carried out over the next five years. "

http://economy-news.net/content.php?id=9071

Kaperoni: I have said this before, you don't train people for a task they will be doing a year from now. This to me clearly implies they expect to engage with the worlds banking system within a few months or less. We can hope.

Mcduff82: It has to be the near future or the banking employees would have forgotten what they learned in a month. ,I know I would forget

monty.monks.007: Thanks Kap, another step in the right direction.
Enorrste: It seems to me that this movement that we are seeing on several different fronts at this time is being driven quietly from the IMF in the background. They stated last year that it was their intention to bring Iraq into the world market in the first half of 2017.

They did not make that goal, obviously, but we continue to see progress (at the Iraqi rate, unfortunately) toward that goal. This symposium/training is clearly geared, as KAP has rightly stated, to something that is "on the horizon" rather than down the road a way.

I would not be surprised to see Iraq move into Article 8 late this year and start the float either at that time or at the beginning of next year.

Saleh seemed to indicate some time ago that changes like these must take place at the beginning of a year.

monty.monks.007: Thanks Enorrste, we wait & hope. These articles and insights from the mods is why we must all keep this site going until we reach our final destination. Donate what ever you can ladies & gents.

Juliebug: Great Juice Kap!!!

ChuckRoast: Enorste, from your lips to God's ears! Let's hope this happens as you say. It makes sense to me. Thanks Kap and all.
--Feed your head

Paxx: Great article! Thank you Kap and Enorste for comments.
--Sooooo...... you are telling me there is a chance.

http://dinaralert.webs.com/apps/forums/topics/show/13452053-private-banks-association-organizes-a-workshop-on-safety-requirements-for-financial-systems-conversion

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GURU HUNTER Posts : 1192 Join date : 2016-01-21

The head of the Iraqi private banks association, Wadih Handal, during the workshop which was attended by "Economy News", "This workshop comes at a very important time is determinedly Iraqi banks open up to the regional and international banks and boost confidence between them to reflect positively on the banking sector."

He added that "compliance with safety requirements in the financial transfer systems standards will show the extent of the Iraqi banking sector's commitment to applying the latest international standards in the banking sector and will contribute to the strengthening of the positions of Iraqi banks and the establishment of relationships with correspondent banks,"

noting that "the presence of the central bank for most of the workshops held by the Association of private banks a great indication of its importance because it is part of his strategy carried out over the next five years. "
http://economy-news.net/content.php?id=9071

Only a Kool-Aid drinker would read any kind of increase in value into this article. It's about modernizing the banking system with the latest safety guidelines to instill confidence in the regional and international banking communities.

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Busting Gurus Since 2011