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» Carnival Rides
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeFri May 10, 2024 5:03 pm by kenlej

» Go Russia
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeSun May 05, 2024 11:37 am by kenlej

» Go Russia
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeSun May 05, 2024 10:51 am by kenlej

» Textbook Tony
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeMon Apr 29, 2024 4:13 pm by Mission1st

» The Rockefellers and the controllers are freaking out right about now
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeFri Apr 26, 2024 11:16 am by kenlej

» Phony Tony sez: Full Steam Ahead!
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeSat Apr 13, 2024 11:45 am by Mission1st

» Russia aren't taking any prisoners
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeFri Apr 05, 2024 6:48 pm by kenlej

» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeWed Mar 27, 2024 6:02 am by Ditartyn

» ZIGPLACE
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeWed Mar 20, 2024 6:29 am by Zig

» CBD Vape Cartridges
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeThu Mar 07, 2024 2:10 pm by Arendac

» Classic Tony is back
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeTue Mar 05, 2024 2:53 pm by Mission1st

» THE MUSINGS OF A MADMAN
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeMon Mar 04, 2024 11:40 am by Arendac

»  Minister of Transport: We do not have authority over any airport in Iraq
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeMon Mar 04, 2024 11:40 am by Verina

» Did Okie Die?
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeMon Mar 04, 2024 11:34 am by Arendac

» Hello all, I’m new
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeWed Jan 31, 2024 8:46 pm by Jonny_5

» The Renfrows: Prophets for Profits, Happy Anniversary!
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeWed Jan 31, 2024 6:46 pm by Mission1st

» What Happens when Cancer is treated with Cannabis? VIDEO
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeWed Jan 31, 2024 8:58 am by MadisonParrish

» An Awesome talk between Tucker and Russell Brand
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeWed Jan 31, 2024 12:16 am by kenlej

» Trafficking in children
Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit. I_icon_minitimeMon Jan 29, 2024 7:43 pm by kenlej

Mnt Goat -- To end the auctions, the CBI must find other means for the banks to survive and profit.

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Post by Ponee Wed Sep 30, 2020 9:00 pm

Mnt Goat  


Article:  "THE CENTRAL BANK HOLDS A MEETING WITH THE IRAQI BANKING SECTOR"    Quote:  “the importance of developing banking services and products in the next stage."  So, what does this mean? To me it means that when they end the currency auctions the banks will need other means of generating revenues to survive. Right now, they rely on nearly 90% of their bank revenue from the spread $$ from the currency auctions. To end the auctions, the CBI must find other means for the banks to survive and profit. They also need a plan to get the salaries into the bank to create liquidity for loans, etc. So, this is all good news, however we have been hearing this for years already but nothing is ever done about it. Let’s hope it’s different this time.

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