Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Saturday AM Chat 6-18-16 Part 1 of 2
rcookie says():Iraq raises foreign banks' capital to $ 50 million in two phases
Author: AB, ASJ Editor: AB, HH 06/18/2016 17:26 Number of Views: 23 Long-Presse / Baghdad A source at the Central Bank of Iraq, said on Saturday that the bank decided to raise the foreign banks' capital to $ 50 million in two phases.
The source said in an interview with the (long-Presse), said that "the Iraqi Central Bank decided to raise the foreign banks' capital to $ 50 million in two phases," noting that "the first phase include a capital raising to $ 25 million during the period lasts until 31 December 2016 ".
The source, who asked not to be named, said: "The second phase is to raise capital to $ 50 million during the year as well, that is, until 31 December 2017," noting that "the decision raised to $ 50 million instead of $ 70 million, It came after meetings between the Iraqi Central Bank Governor Ali Mohsen Keywords and a delegation of Lebanese banks visited Iraq several times in the past three months. "
The source continued, "The capital increase will allow the banks to open 15 branches in the Iraqi market," explaining that "the minimum capital exact money to open a foreign bank in Iraq was $ 7 million, but the central bank found that the advancement of the banking sector requires the lifting of foreign banks' capital , in a position to work in the Iraqi market. "
The Lebanese banks objected to the Iraqi Central Bank's decision to raise their capital to $ 70 million, because of the Iraqi banking market is not conducive to profitability because of the security, political and economic conditions and have applied to the central bank reversed his decision, but he refused to categorically continued delegations to negotiate to while reaching agreement to $ 50 million in two phases.
rcookie says():OK...SO HERE IS SOME MORE ON BANKING ACTIVITY AND ACTIONS BY CBI...THIS TIME TOWARD LEBANESE BANKS AND CAPITAL INCREASE REQUIREMENTS...INTERESTING..
clay says to rcookie():Do we have any idea of WTO membership timeframe yet
rcookie says to clay():1 SEC..
clay says to rcookie():k
wmawhite says():Foreign banks wanting to enter Iraq to do what? Conduct business.
rcookie says():SO HERE...THE CBI DECISION TO BROADLY RAISE CAPITAL REQUIREMENTS TO $70 MILLION WAS MET WITH RESISTANCE WITH CLAIMS THAT THE IRAQI MARKET WAS NOT CONDUSIVE TO PROFITABILITY BECAUSE OF SECURITY. POLITICAL AND ECONOMIC CONDITIONS...
AND PETITIONED TO REVERSE THE $70 MILLION CAPITAL DECISION...THE CBI REFUSED AND MEDIATED A $50 MILLION NUMBER...WHICH THEY ARE REQUIRED TO COMPLETE IN 2 PHASES OF $25 MILLION EACH...
rcookie says():THIS IS INTERESTING BECAUSE THESE NEGOTIATIONS HAVE BEEN ONGOING FOR 3 MONTHS BETWEEN ALAK AND LEBANESE BANKS AND WILL ALLOW THE BANKS TO OPEN 15 BRANCHES IN IRAQI MARKET...
AND THAT THE ORIGINAL CAPIALIZATION AMOUNT FOR FOREIGN BANK CAPITAL STARTED AT $7 MILLION....WHICH OBVIOUSLY IS NOT THE STANDARDS & PEDIGREE THAT WILL ATTRACT AND WOO FOREIGN INVESTMENT...
rcookie says to wmawhite():GM SIR...
rcookie says to wmawhite():EXACTLY...ITS GAME ON!!
movack says():wow the news about CBI this morning is great
rcookie says to clay():THIS IS WHAT IRAQ HAS LEFT TO DO FOR WTO ACCESSION....
Market Access Negotiations
8) Factual Summary
9) Draft Working Party Report
rcookie says to clay():THATS IT!!!....AND THIS HAS BEEN GOING SINCE FEBRUARY OF 2004 WHERE THEY WERE GRANTED OBSERVER STATUS...
foxmulder says to rcookie():wether it happens in june or end of year we have no control and MR. clarke I'm sure does not have inside info or privy to the actual time
movack says():rcookie I did listen to the call and a graet call it was
SRW says():Yes, I listened. All this information coming from different sources is like trying to swim through muddy water!
rcookie says to SRW():ALL WHAT INFORMATION THROUGH WHAT DIFFERENT SOURCES...
rcookie says():Baghdad Operations: Announces killed 500 Daasha confirm edit 40 area Fallujah
06/18/2016 (Independent) ... Baghdad Operations Command confirmed that the joint forces managed to free 40 area and a location in the city of Fallujah from the control Daash, and as pointed to the killing of 500 element of Daash.
A spokesman for the Baghdad Operations Command, Brigadier General Saad Maan in a press statement that "the joint security forces in the liberation of Fallujah operations managed even today, of the liberation of more than 40 area and the location of the control of the organization Daash," noting that "the security forces have killed some 500 elements of the organization during the battles and bombing of dozens of improvised explosive devices and car bombs. "
He Ma'an that "Fallujah has become under the control of the security forces and the remainder under the control of the organization Daash only a few places, and will complete the editing and the Emancipation Proclamation Fallujah fully in the coming days," adding, that "the local police in Anbar province, will be kept land liberated after clearing the city of roadside IED is poised so iddah number collaboration with the crowd clan. "(end)
Baghdad Operations: Announces killed 500 Daasha confirm edit 40 area Fallujah
6/18/2016 Similar articles Taji prison Chest: not entitled to the Saudi ambassador to visit Nasiriyah prison and reject the interference of neighboring countries prisoners
06/18/2016 (Independent) ... Baghdad Operations Command confirmed that the joint forces managed to free 40 area and a
rcookie says():THE YOU KNOW WHAT IS GETTING DEEP!!!....
jarhead says():yes and US is confirming all of this!
rcookie says():HE IS RESPONDING AND DOING SOME DAMAGE CONTROL TO THE REPORT YESTERDAY OF THE 1R SEPERATE FILES OF CORRUPTION...
WASTE OF PUBLIC FUNDS AND MISMANAGEMENT LEVIED AGAINST HIM HIS FAMILY AND CLOSE FRIENDS...
subgirl says to rcookie():hey there!! thanks for the news!!!
rcookie says():THIS IS PRETTY INTERESTING IN TALKING ABOUT THE DIFFERENCE BETWEEN THE BATTLE OF FALLUJAH...AND WHAT TO EXPECT IN MOSUL AS FAR AS FIGHTING FROM INSIDE OUT...
rcookie says to subgirl():HI SUBBY!!!...
rcookie says to subgirl():YVW
rcookie says():Sat, 18 Jun 2016 13:09:44 Parliamentary Security expects the outbreak of the armed uprising in Mosul coincide with edits
I saw the security and defense committee prosecutors, Sunday, that the liberation of the city of Mosul operations will differ completely from the liberalization of Fallujah, noting that if the arrival of the pieces liberated the city will coincide with the start of an armed popular uprising within the city.
A member of the committee MP Nayef al-Shammari, said that "public and private strategic plans that will be followed in the process of liberation of Mosul would differ completely from what took place on the city of Fallujah edit process and I think will be a surprise for the enemy."
Shammari said, that "the city of Mosul witnessed and are still witnessing reprisals from criminals Daash by the presence of armed secret organizations inside the city," noting that "these organizations in addition to the general youth Musli will contribute an armed uprising from the inside against Aldoaash if the arrival of the security forces the walls of the city."
And set off on Saturday morning, edit northern Salahuddin, south of Mosul, which is still under the control of the organization "Daash" criminal areas of operations, in joint operations confirmed edit cream backward village in the early hours of the start of the process.
Hutch says to rcookie():MOSUL WILL BE DIFFERENT FROM FALLUJAH FOR SURE
jarhead says():but they are gonna arm people from the inside......u dont advertise it lol
sis wont know who to trust.......oh lets just kill everybody
jarhead says():not smart imo
DIGIman1 says():Chat Copied ~~~~~~~~~~
The main thing we learn from history is that politicians don't.
cookie says():The central bank gives the bank the return of a license to open branches in Iraq
Author: HH Editor: AT, HH 18/06/2016 18:01 Number of Views: 467 Long-Presse / Baghdad A source at the Central Bank of Iraq, on Saturday, the granting of Directors of the Bank approved the return of the bank to open a branch in Major capital Baghdad, while noting granted preliminary approvals on opening another four branches.
The source said in an interview with (long-Presse), "The central bank has agreed to open a branch of Bank Audi in the capital, Baghdad, to be the main branch."
The source, who asked not to be named, said: "The central bank has agreed in principle to the bank's plan to open branches in Najaf, Erbil and Basra and Salahaddin."
Bank Audi and works in the provision of banking services by more than eight countries, particularly Lebanon, Egypt, Turkey, Switzerland, Saudi Arabia, France, Jordan, and Syria.
The bank's assets rose in the past seven years, according to his official from $ 20.39 billion at the end of 2008 to 42.27 billion at the end of last year.
rcookie says():OBEIDI UP TO TIKRIT TODAY TO OVERSEE THE LIBERATION OF SHARQAT NORTH OF TIKRIT SALAHUDDIN....
rcookie says():Defense Minister Khaled al-Obeidi, upon his arrival to the city of Tikrit
Obeidi up to Tikrit and held a meeting with military commanders in preparation for the Liberation of Sharqat
Author: AM, AR Editor: AR, NS 18/06/2016 08:54 Number of Views: 653 Long-Presse / Salahuddin Salahuddin province announced management, on Saturday, the arrival of Defense Minister Khaled al-Obeidi to the city of Tikrit (170 km north of Baghdad), while confirming that al-Obeidi, held a meeting with military commanders in preparation for the start of the process of liberalization spend Sharqat, north of Tikrit.
Said Director of Information Salah al-Din Jamal Ekab province, in an interview with (long-Presse), "The Defense Minister Khaled al-Obeidi arrived this morning, to the city of Tikrit, accompanied by a number of military leaders," noting that "the governor of Salahuddin Ahmed Abdullah met with al-Obeidi at the headquarters of the leadership of Salahuddin operations. "
He Ekab, that "al-Obeidi held upon his arrival at Tikrit security closed-door meeting in the presence of ground forces commanders, Salahuddin and Samarra, and a number of security and military leaders before starting to move to the north of Tikrit areas in preparation for the start of liberalization spend Sharqat process, (120 km north of Tikrit), in the coming hours ".
Ekab stressed that "the joint security forces began to open the berm at the fertilizer plant, north of Baiji (40 km north of Tikrit) to begin the process of progress towards Sharqat spend."
Meanwhile, witnesses in the district of Sharqat, reported that the organization (Daash) has intensified patrols as increased the number of checkpoints within the judiciary ", stressing that" the elements of the organization is afraid that a revolution coincides with the approach of Almottaghvlh southern forces and northeast spend Sharqat. "
And went to the city of Tikrit in Salahuddin province, on Sunday (12 June 2016), a military armored reinforcements to the leadership of Salahuddin operations headquarters, in preparation for the start of the Battle of Sharqat, north of Tikrit (170 km north of Baghdad).
The organization (Daash) seized Sharqat, and areas south of Kirkuk and west since last June 2014, and that the security forces are planning to liberate those areas, after its success to expel this organization from large areas of the Salah al-Din, especially Tikrit district center, and Peggy, (40 km north of Tikrit ).
rcookie says():SO THERE WERE OFFICIAL ESTIMATES OF 2000 TO 3000 ISIS ELEMENTS REMAINING IN IRAQS CITIES OF FALLUJAH AND MOSUL....
rcookie says():THURSDAY THERE WAS REPORT OF 500+ ISIS ELEMENTS BEING ARRESTED TRYING TO HIDE IN DISPLACEMENT CAMPS ON OUTSKIRTS..
AND TODAYS REPORT OF 525 ISIS KILLED IN LAST 2 DAYS OF FALLUJAH LIBERATION OPERATIONS...
subgirl says to rcookie():that is great news!!!
subgirl says to rcookie():no place for isis to hide!!!
subgirl says to rcookie():Tikrit is about 123 miles to Mosul...
subgirl says to rcookie():Mosul is north of Tikrit...
subgirl says to rcookie():they are going to liberate Mosul next I beleive...