“This will Pop” – Sun. PM KTFA Thoughts/News 12-12-21

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Samson » December 12th, 2021

The Opening Of The Activities Of The Iraqi Banking Week At Expo 2020 Dubai

12th December, 2021

The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makheef, opened the activities of the Iraqi banking week in the Iraq pavilion at Expo Dubai 2020, in the presence of the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi.

In a statement, he said, “The launch of the Banking Week activities in the Iraq pavilion contributes greatly to the openness of the Iraqi banking sector to the Arab and international world, adding that the supervision of the Central Bank contributed significantly to the development of the banking sector.”

He explained that “there are many Iraqi banks that began to expand outside Iraq, and this is what made them obtain good ratings by the competent financial institutions,” noting that “Iraq today has become an attractive arena for investments and requires an effective banking sector to keep pace with these investments.”

He pointed out that all indicators of the Iraqi banking sector are on the rise, and this is a good indicator for the outside world, of the need to open up prospects for cooperation with the Iraqi banking sector.

On the other hand, the head of the Arab Monetary Fund, Abdul Rahman Al-Hamidi, praised the central bank’s policy that contributed to the development of the banking sector.

Al-Hamidi said, “The Governor of the Central Bank of Iraq, Chairman of the Board of Governors of the Arab Monetary Fund, Mustafa Ghaleb, is now working to ensure the openness of the Iraqi banking sector to Arab and foreign banks, indicating that we commend the measures taken by the Central Bank of Iraq.”

On the other hand, the head of the Association of Iraqi Private Banks, Wadih Al-Handal, said that “the event of the Iraqi Banks Week in the Dubai Expo represents an important sign, and a very strong start, to revitalize banking relations with the outside world,” noting that “the banking sector today represents a big point. in developing the country’s economy.

It is noteworthy that the Iraqi Banks Week, at Expo 2020 Dubai, includes many banking activities, informing the public about the banking services provided by banks, in addition to holding bilateral meetings between Iraqi banks and banks operating in the UAE. LINK

Source: Dinar Recaps


The Central Bank: Many Iraqi banks have begun to expand outside the country  LINK

Central Bank Governor : Iraq has become an attractive arena for investment  LINK

Clare » December 12th, 2021

THIS SHOWS THAT THE NEW RATE IS NOW BEING ROLLED OUT!  AS SOON AS THEY ARE FINISHED  WITH WHATEVER THEY ARE FINISHING, WHICH WE ARE NOT PRIVY TO, THIS WILL POP AND WE WILL GET TO EXCHANGE!!! IMO

WE SHOULD ALL BE SO HAPPY WITH WHAT THEY ARE SHOWING US RIGHT NOW! I AM!!!

Source: Dinar Recaps

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