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Re-leave the generosity of friends Empty Re-leave the generosity of friends

Post by claud39 on Mon Dec 02, 2019 7:21 am

Re-leave the generosity of friends




December 02, 2019





Re-leave the generosity of friends Article-157527029351349








Based on the decision of the Board of Directors of the Central Bank of Iraq No. (144) for the year 2019 adopted at its numbered (1587) and held on 12/11/2019, which decided:

Approving the return of the license and the letter of guarantee to Karam Al-Asdeqah Company to broker the sale and purchase of foreign currencies, provided that it merges with other companies and stopping them from entering the window of buying and selling foreign currencies.




https://cbi.iq/news/view/1352
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Re-leave the generosity of friends Empty Re-authorization of Al-Sarmad Company

Post by claud39 on Mon Dec 02, 2019 7:23 am

Re-authorization of Al-Sarmad Company




December 02, 2019





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Based on the decision of the Board of Directors of the Central Bank of Iraq No. (144) for the year 2019 adopted at its numbered (1587) and held on 12/11/2019, which decided:

Approving the return of the license and letter of guarantee to Al Sarmad Company to mediate the sale and purchase of foreign currencies, provided that it merges with other companies and stopping them from entering the window of buying and selling foreign currencies.







https://cbi.iq/news/view/1353
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Re-leave the generosity of friends Empty Re-license of Rihanna Company

Post by claud39 on Mon Dec 02, 2019 7:24 am

Re-license of Rihanna Company




December 02, 2019





Re-leave the generosity of friends News-157527079855323






Based on the decision of the Board of Directors of the Central Bank of Iraq No. (144) for the year 2019 adopted at its numbered (1587) and held on 12/11/2019, which decided:

Approving the return of the license and the letter of guarantee to Rihanna Company to mediate the sale and purchase of foreign currencies, provided that they merge with other companies and stop them from entering the window of buying and selling foreign currencies.




https://cbi.iq/news/view/1354
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Re-leave the generosity of friends Empty Re-license of Al Faisaliah Company

Post by claud39 on Mon Dec 02, 2019 7:26 am

Re-license of Al Faisaliah Company


December 02, 2019







Re-leave the generosity of friends News-157527098127220






Based on the decision of the Board of Directors of the Central Bank of Iraq No. (144) for the year 2019 adopted at its numbered (1587) and held on 12/11/2019, which decided:

Approving the return of the license and the letter of guarantee to Al Faisaliah Company to mediate the sale and purchase of foreign currencies, provided that they merge with other companies and stop them from entering the window of buying and selling foreign currencies.




https://cbi.iq/news/view/1355
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Re-leave the generosity of friends Empty Re-authorization of the whale company

Post by claud39 on Mon Dec 02, 2019 7:27 am

Re-authorization of the whale company




December 02, 2019





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Based on the decision of the Board of Directors of the Central Bank of Iraq No. (144) for the year 2019 adopted at its numbered (1587) and held on 12/11/2019, which decided:

Approving the return of the license and the letter of guarantee to the Pisces Company to mediate the sale and purchase of foreign currencies, provided that they merge with other companies and stop them from entering the window of buying and selling foreign currencies.




https://cbi.iq/news/view/1356
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Re-leave the generosity of friends Empty Re-licensing Sama Al Amer Company

Post by claud39 on Mon Dec 02, 2019 7:29 am

Re-licensing Sama Al Amer Company


December 02, 2019





Re-leave the generosity of friends News-157527122516971



Based on the decision of the Board of Directors of the Central Bank of Iraq No. (144) for the year 2019 adopted at its numbered (1587) and held on 12/11/2019, which decided:
Approving the return of the license and letter of guarantee to Sama Al-Amer Company to mediate the sale and purchase of foreign currencies, provided that it merges with other companies and stopping them from entering the window of buying and selling foreign currencies.


https://cbi.iq/news/view/1357
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Re-leave the generosity of friends Empty Re-leave the modern company

Post by claud39 on Mon Dec 02, 2019 7:30 am

Re-leave the modern company




December 02, 2019



Re-leave the generosity of friends News-157527131963559






Based on the decision of the Board of Directors of the Central Bank of Iraq No. (144) for the year 2019 adopted at its numbered (1587) and held on 12/11/2019, which decided:

Approval of re-authorization and letter of guarantee for the modern company to mediate the sale and purchase of foreign currencies, provided that it merges with other companies and stop them from entering the window of buying and selling foreign currencies.




https://cbi.iq/news/view/1358
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Re-leave the generosity of friends Empty The Central Bank approves the return of the licenses of 7 companies for financial transfer

Post by claud39 on Mon Dec 02, 2019 8:54 am

[size=36]The Central Bank approves the return of the licenses of 7 companies for financial transfer[/size]




02/12/2019








Re-leave the generosity of friends 102122019_1201920142156456745346





BAGHDAD -

The Central Bank of Iraq approved on Monday (2 December 2019), the return of the leaves of 7 companies for financial transfer, while stopping their entry to the window of buying and selling currencies.

The bank said in a statement received (Mawazine News), a copy of it, "it was decided to approve the return of leave and letter of guarantee for seven companies to mediate the sale and purchase of foreign currency."

The bank added that "the re-licensing of these companies is required to merge with other companies and stop them from entering the window of sale and purchase of foreign currencies."



https://www.mawazin.net/Details.aspx?jimare=75220
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Re-leave the generosity of friends Empty Central Bank re-licenses 7 companies to transfer money and stop their entry to the window of buying and selling currencies

Post by claud39 on Mon Dec 02, 2019 12:37 pm

[size=35]Central Bank re-licenses 7 companies to transfer money and stop their entry to the window of buying and selling currencies[/size]


2019-12-02



[size=35]Re-leave the generosity of friends Doc-P-326754-637108738994007993
[/size]


The Central Bank of Iraq, on Monday, re-leave the 7 companies for financial transfer, while stopping its entry to the window of buying and selling currencies.


The bank said in a statement received by Alsumaria News, a copy of it, "it was decided to approve the return of leave and letter of guarantee for seven companies to broker the sale and purchase of foreign currency."

The bank added that "the re-licensing of these companies is required to merge with other companies and stop them from entering the window of buying and selling foreign currencies."






The Central Bank of Iraq was established as an independent bank under its law issued on March 6, 2004 as an independent body. It is responsible for maintaining price stability and implementing monetary policy. 6 financial institutions and 31 financial transfer companies.


https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/326754/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D8%B9%D9%8A%D8%AF-%D8%A5%D8%AC%D8%A7%D8%B2%D8%A7%D8%AA-7-%D8%B4%D8%B1%D9%83%D8%A7%D8%AA-%D9%84%D9%84%D8%AA%D8%AD%D9%88%D9%8A%D9%84-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A-%D9%88%D9%8A%D9%88%D9%82%D9%81-%D8%AF
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Re-leave the generosity of friends Empty 7 banks won the membership of the Board of Directors of the Iraqi company to guarantee deposits

Post by claud39 on Tue Dec 03, 2019 6:28 am

 7 banks won the membership of the Board of Directors of the Iraqi company to guarantee deposits




03/12/2019



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Economy News - Baghdad



The Association of Iraqi private banks, has won 7 private and government banks membership of the Board of Directors of the Iraqi company to ensure deposits elections of the General Assembly, which took place at the headquarters of the Association.

The Executive Director of the Association of Iraqi private banks, Ali Tariq, said that a meeting was held for the General Assembly of the Iraqi Company for the Guarantee of Deposits, a joint-stock company with a capital of 100 billion dinars in the presence of the Central Bank of Iraq and the Department of Companies Registration in the Ministry of Trade and the Iraqi Stock Exchange and the Pension Authority and members of private and government banks The board of directors of the company was elected as the original and reserve.

He added that the number of shares of the company distributed between 25% of government banks and 30% were distributed between commercial banks and foreign branches and the National Pension Authority, while 45% of the shares were offered for public subscription.

He pointed out that the winning banks on the board of directors are Rafidain, Industrial, Investment, Development, Al-Ahli Iraqi, Assyria and Al Kafalat Company, pointing out that the banks that won the reserve membership are Al-Rasheed and Al-Iraqi Trading ( TBI ), Credit, National, Mansour, Al-Etimad and Erbil.

Tariq pointed out that this company is one of the most important companies established at the moment because it aims to protect depositors and preserve their rights and restore confidence to the banking sector and encourage savings and public awareness system to guarantee deposits inside Iraq and manage the process of compensation of depositors efficiently and effectively.

He pointed out that the compensation rate of depositors will reach a maximum of 150 million dinars, the highest compensation rate regionally and internationally.





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Re-leave the generosity of friends Empty Seven banks won the membership of the Board of Directors of the Iraqi Deposit Guarantee Company

Post by claud39 on Tue Dec 03, 2019 7:31 pm

[size=35]Seven banks won the membership of the Board of Directors of the Iraqi Deposit Guarantee Company[/size]


2019-12-03



[size=35]Re-leave the generosity of friends Doc-P-326837-637109557545517906
[/size]




[size=18]The Iraqi Private Banks Association announced on Tuesday that seven private and government banks have won the membership of the board of directors of the Iraqi Deposit Guarantee Company.


The Executive Director of the Association Ali Tariq in a statement received Alsumaria News copy, that "a meeting was held for the General Assembly of the Iraqi Company to ensure deposits, a joint-stock company with a capital of 100 billion dinars, in the presence of the Central Bank of Iraq and the Department of Companies Registration in the Ministry of Commerce and the Iraqi Stock Exchange The members are from private and government banks, in which the members of the Board of Directors of the original and reserve company were elected.






"The number of shares of the company is distributed between 25% for government banks and 30% between commercial banks, foreign branches and the National Pension Authority, while 45% of the shares were offered for public subscription," Tarek said.

He pointed out that "the winning banks on the board of directors are Rafidain, Industrial, Investment, Development, Ahli Iraqi, Assyria and Al Kafalat Company," pointing out that "the banks that won the reserve membership are good and Iraqi Trade (TBI), credit, national, Mansour, credit and Erbil."


He continued, "This company is one of the most important companies established at the moment because it aims to protect depositors and preserve their rights and restore confidence to the banking sector and encourage savings and public awareness of the system of guaranteeing deposits inside Iraq and manage the process of compensation of depositors efficiently and effectively."

Tariq pointed out that "the compensation rate of depositors will reach a maximum of 150 million dinars, the highest compensation rate regionally and internationally."
[/size]



https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/326837/%D9%81%D9%88%D8%B2-%D8%B3%D8%A8%D8%B9%D8%A9-%D9%85%D8%B5%D8%A7%D8%B1%D9%81-%D8%A8%D8%B9%D8%B6%D9%88%D9%8A%D8%A9-%D9%85%D8%AC%D9%84%D8%B3-%D8%A5%D8%AF%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D8%B4%D8%B1%D9%83%D8%A9-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A%D8%A9-%D9%84
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Re-leave the generosity of friends Empty 7 banks won the membership of the Board of Directors of the Iraqi company to guarantee deposits

Post by claud39 on Wed Dec 04, 2019 8:19 am

7 banks won the membership of the Board of Directors of the Iraqi company to guarantee deposits


03/12/2019





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The Association of Iraqi private banks, has won 7 private and government banks membership of the Board of Directors of the Iraqi company to ensure deposits elections of the General Assembly, which took place at the headquarters of the Association.

The Executive Director of the Association of Iraqi private banks, Ali Tariq, said that a meeting was held for the General Assembly of the Iraqi Company for the Guarantee of Deposits, a joint-stock company with a capital of 100 billion dinars in the presence of the Central Bank of Iraq and the Department of Companies Registration in the Ministry of Trade and the Iraqi Stock Exchange and the Pension Authority and members of private and government banks The board of directors of the company was elected as the original and reserve.

He added that the number of shares of the company distributed between 25% of government banks and 30% were distributed between commercial banks and foreign branches and the National Pension Authority, while 45% of the shares were offered for public subscription.

He pointed out that the winning banks on the board of directors are Rafidain, Industrial, Investment, Development, Al-Ahli of Iraq, Assyria and Al-Kafalat Company, pointing out that the banks that won the reserve membership are Al-Rasheed and Al-Iraqi Trading (TBI), Credit, National, Mansour, Al-Etimad and Erbil.

Tariq pointed out that this company is one of the most important companies established at the moment because it aims to protect depositors and preserve their rights and restore confidence to the banking sector and encourage savings and public awareness system to guarantee deposits inside Iraq and manage the process of compensation of depositors efficiently and effectively.

He pointed out that the compensation rate of depositors will reach a maximum of 150 million dinars, the highest compensation rate regionally and internationally.





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Re-leave the generosity of friends Empty After years of banks collapsing .. Iraq launches a company to guarantee depositors' money

Post by claud39 on Sun Dec 08, 2019 1:29 pm

[size=47]After years of banks collapsing .. Iraq launches a company to guarantee depositors' money[/size]




5 hours ago


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Al-Jazeera Net - Baghdad


Announced in Baghdad last week the establishment of the Iraqi company to guarantee deposits after years of the collapse of some private banks and stand in the way of the development of the banking sector, which has a number of dealers with 22% of adults after the project to localize the salaries of state employees.


And several banks collapsed, especially in Iraq in the years that followed the year 2003, such as the banks, Al-Warka, Basra, Dar es Salaam, the economy, etc., and until now the depositors are demanding their money after bankruptcy of banks through demonstrations that they organize periodically in front of the buildings of financial institutions such as the central bank.


The capital of the Iraqi company to guarantee deposits is 100 billion dinars, "83.3 million dollars", and 42 private, governmental and foreign banks operating in Iraq contribute to it, in addition to the National Insurance Company and the state employees' pension fund.


Walid Idi, adviser to the governor of the Central Bank of Iraq, told Al-Jazeera Net that the company aims to enhance citizen's confidence in the banking sector.


The Iraqi state launched two projects, the first of which is the localization of the salaries of state employees, retirees, and social welfare, who number 7 million people, and the second is the deployment of electronic payment tools throughout the country, to increase the number of customers with the banking sector.



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Protection of the banking system,

Idi stressed that all participating banks will inform their customers that their deposits are insured with a company to guarantee deposits, noting that the establishment of this company came in accordance with international standards and thus will make its way towards leadership.



He also explained that this company will protect the banking system, maintain depositors ’money and increase the banking culture, as the monthly insurance amounts to one dinar for every 10,000 dinars," $ 8.3 dollars ".


He pointed out that the company has the right to invest its money by depositing it in banks as fixed deposits and buying governmental and other securities.


According to the Law of the Iraqi Company for Deposits Guarantee, it does not supervise cash deposits for the value of credit facilities, bank deposits with the central bank, the legal reserve for banks, deposits of members of the board of directors of the contributing bank, and bank deposits deposited with another bank.


For his part, the executive director of the Iraqi Private Banking Association, Ali Tariq, said that the Iraqi Deposit Guarantee Company is a joint stock company and provides cover to ensure public deposits with banks operating inside Iraq only.



He pointed out that the company will establish two funds, the first is for investment and the other is for the contribution of Islamic banks, and that the immediate compensation will be a maximum of 150 million dinars for each depositor that the central bank decides to liquidate.




He pointed out that the establishment of this company will contribute to withdrawing chunky money in homes and entering it into the banking system, which will contribute to the development of the Iraqi economy.



According to Article 13 of the Banking Deposits Company Law, the amounts less than one hundred million dinars, the compensation rate will be 51%, while the amounts that are more than one hundred million dinars, the compensation rate will be 25%.



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Loss of previous deposits

On the other hand, citizen Mohammed Al-Barzanji - who deposited approximately $ 40,000 in Al-Warka Bank before his bankruptcy - wondered about the fate of his money now after the company was established.



In his speech to Al-Jazeera Net, Al-Barzanji said that he called the central bank and the competent authorities since 2012 until now to return his money that he deposited in Al-Warka Bank, but to no avail, indicating that the answer that came after the establishment of the new company is concerned with current deposits and not deposits before its establishment.


He emphasized that our money was stolen by daylight and in front of the central bank and has not done anything so far, especially as the bank has removed from it the guardianship imposed by the central bank.



For his part, the economist Bassem Jamil Antoine said in his interview with Al Jazeera Net that the establishment of the deposit guarantee company will increase dealing with Iraqi private banks.



He stressed that the Iraqi state is required to find a quick solution to the owners of deposits in bankruptcy banks, because these have greatly affected the reputation of the banking sector, because of their lost right and the lack of state intervention to return it from those who stole it, indicating that the lack of establishment of this company made government banks dominate the banking sector, Because government banks are safer for Iraqis.


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Source: Al-Jazeera



https://www.aljazeera.net/news/ebusiness/2019/12/8/%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%8A%D8%B7%D9%84%D9%82-%D8%B4%D8%B1%D9%83%D8%A9-%D9%84%D8%B6%D9%85%D8%A7%D9%86-%D8%A7%D9%84%D9%88%D8%AF%D8%A7%D8%A6%D8%B9
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