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The Central Bank announces the establishment of a banking relationship with Euroclear Bank

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The Central Bank announces the establishment of a banking relationship with Euroclear Bank Empty The Central Bank announces the establishment of a banking relationship with Euroclear Bank

Post by claud39 Sun Aug 09, 2020 11:27 am

The Central Bank announces the establishment of a banking relationship with Euroclear Bank


09/08/2020



The Central Bank announces the establishment of a banking relationship with Euroclear Bank 10308





Economy News - Baghdad



The Central Bank of Iraq announced, on Sunday, that it has established a banking relationship with the Euroclear Bank Foundation, which specializes in preserving securities and their investments.

In a statement received by Al-Eqtisad News, the Central Bank said that it had  completed " the procedures for establishing a banking relationship with Euroclear Bank, which is one of the internationally known institutions in the field of securities preservation and investment."

He added that it "manages central bank bonds estimated at $ 15 trillion."

In the statement, the Central Bank affirmed that "this achievement will contribute to strengthening the international relations of the Central Bank of Iraq and emulating international practices in the field of reserves management."







https://economy-news.net/content.php?id=21351
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The Central Bank announces the establishment of a banking relationship with Euroclear Bank Empty Euroclear

Post by claud39 Sun Aug 09, 2020 11:32 am

Euroclear





The Central Bank announces the establishment of a banking relationship with Euroclear Bank 280px-Euroclear-logo-RED


The Baudouin Tower, Euroclear headquarters in Brussels






The Central Bank announces the establishment of a banking relationship with Euroclear Bank 280px-Belgique_-_Bruxelles_-_Tour_Baudouin_-_01





[th]Creation[/th][th]Founders[/th][th]Legal form[/th][th]Slogan[/th][th]The head office[/th][th]Activity[/th][th]Effective[/th][th]Website[/th]


1968  : Birth within JP Morgan & Co.
J.P. Morgan & Co.The Central Bank announces the establishment of a banking relationship with Euroclear Bank 10px-Blue_pencil.svg
Anonimous society
Post Trade made easy
Brussels Belgium
The Central Bank announces the establishment of a banking relationship with Euroclear Bank 20px-Flag_of_Belgium_%28civil%29.svg 
Clearing house , CSD
3,500The Central Bank announces the establishment of a banking relationship with Euroclear Bank 10px-Blue_pencil.svg
http://www.euroclear.com/ [archive]










Euroclear is an international depository and settlement / delivery company for bonds , stocks and investment funds , created in 1968 in Brussels . It is one of the two central depositories international titles ( International Central Securities Depository (ICSD) ), the other being Clearstream (formerly Cedel International ), based in Luxembourg . In France, it receives settlement / delivery instructions from the LCH.Clearnet clearing house .


Euroclear is the world's largest securities settlement / delivery system for domestic and international bond and equity transactions.


The Euroclear group is made up of Euroclear Bank  [ archive ] , the international settlement / delivery center located in Brussels, and the national central depositories Euroclear France (formerly Sicovam ), Euroclear Nederland (formerly Negicef) and Euroclear UK & Ireland (formerly CRESTCo ). CIK Belgian central securities depository, joined the group on 1 st January 2006 under the name Euroclear Belgium.


The annual amount of securities transactions settled in Euroclear exceeds 300,000 billion euros (500,000 billion in 2007) and the value of assets held for its clients exceeds 13,000 billion euros. Euroclear Bank is rated AA + by Standard & Poor's and Fitch Ratings .


Do not confuse the CSD Euroclear and Euroclear Bank, the latter being the banking activity of the Euroclear SA / NV group




https://fr.wikipedia.org/wiki/Euroclear
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The Central Bank announces the establishment of a banking relationship with Euroclear Bank Empty The Central Bank establishes a banking relationship with Euroclear Bank

Post by claud39 Sun Aug 09, 2020 12:01 pm

The Central Bank establishes a banking relationship with Euroclear Bank






August 09, 2020





The Central Bank announces the establishment of a banking relationship with Euroclear Bank News-159696858580801










The Central Bank of Iraq announces that it has completed the procedures for establishing a banking relationship with ( Euroclear Bank ), which is one of the internationally known institutions in the field of securities preservation and investment, and manages bonds for central banks estimated at $ 15 trillion.
 

He confirms that this achievement will contribute to strengthening the international relations of the Central Bank of Iraq and simulating international practices in the field of reserves management.
 

The Central Bank of Iraq
information Office
9 August 2020






https://cbi.iq/news/view/1528
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