Clare » June 9th, 2023
The Governor of the Central Bank meets with the Vice President of JPMorgan Bank
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Allaq, met with the Vice President of the US JP Morgan Bank, Mr. (Daniel Zeliko) in Baghdad.
The two parties discussed ways of cooperation between JP Morgan Bank and the Central Bank of Iraq, and the American bank’s willingness to support a number of Iraqi banks in financing foreign trade operations in the US dollar.
Mr. Zelikow praised the recent measures taken by the Central Bank of Iraq in the field of combating money laundering and terrorist financing and the adoption of international standards in money transfers.
His Excellency the Governor of the Central Bank of Iraq called on Mr. Zeljko to open a representative office in Iraq, promising him to provide the necessary support to facilitate this step, as it represents positive repercussions on the Iraqi economy in general, and the banking sector in particular, while the meeting touched on joint cooperation in the fields of investment management and technical support. training, in various fields.
It is noteworthy that JPMorgan Bank is the largest US bank in terms of financial assets, with assets amounting to about $4 trillion.
Central Bank of Iraq
Calanddq » June 9th, 2023
Happy Friday everyone!
How incredible! The Gov. of the CBI says…His Excellency the Governor of the Central Bank of Iraq called on Mr. Zeljko to open a representative office in Iraq, promising him to provide the necessary support to facilitate this step, as it represents positive repercussions on the Iraqi economy in general, and the banking sector in particular.
IMO, this statement isn’t for us or the citizens, but for the investors who IMO, are soon to all be gathered at one of the largest celebrations in Europe to be held 1 week from today. It’s a little conference called the IBBC Spring Conference. Anyone remember what the conference is celebrating…YEP! You guessed it…IRAQ!
In fact, the conference theme is “Iraq 2023. Open To the World “. IMO, the above statement says “Hey guys, the celebration is still on so I’ll see you all next week in my fancy tuxedo (HUGE SMILE).
Frank26, shared the article on this forum before posting it in the FAT about 4-6 weeks back if I recall the timeframe correctly. So, let not your heart be troubled if it appears that the proverbial can is being kicked again, because IMO they have it all timed out and nothing is being delayed but delivered right in front of us.
IMO, between today and next Friday we’ll hear the announcement of everything we’ve been taught on this forum to look and listen for. CHEERS!
Source: Dinar Recaps
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