Millionday news 10/21/13
[millionday] here we go and read every word
[millionday] Banking experts and specialists linked banks in the public and private telecommunications network and one "jump task " in the banking system in Iraq, in order to provide banking services at the level of the banking industry world .
Economist and banker Dr. Majid Suri said in a statement to the (morning) : The "This program is very important to provide modern services to customers of banks, regardless of the individuals or institutions" , as it offers quick service by calling ,
which is called "Dealing remote " with the customers of banks. , adding that this project deals with all who can use Mobile phone in both outside Iraq or inside it , as it facilitates and accelerates the process of completing banking transactions ,
Read More Link On Right
[millionday] note -- big smile
[millionday] especially that this project took decades in some countries of the world to bethis period, to a large degree and starts expansion later, pointing out that he needs to be a culture and awareness banking high- insured for the customer, it is necessary to have a special law for the legitimacy of the deal means electronic , whether in government or private .
urged the expert to find a cadre manner that can handle this project , as well as awareness of the citizen or the customer's order to be able to deal with him , calling to spread awareness and culture by the central bank and the government and private banks in the Iraqi street in order to
[lorijeanmarshall] millionday HAVE done this?
[millionday] yes they have linked them there is more lets look at it all while we can still read lol
[millionday] note -- now they are trying to spread awareness of this being done
[lorijeanmarshall] millionday Sorry. Just couldn't believe my eyes there for a second.
[millionday] me either my friend
[millionday] reach the required level to deal with this project. pointed Suri to the importance of the awareness of citizens through the media and seminars , as well as educate the customer at the Bank to demonstrate the ease of dealing with this project and ensure the protection and the absence of the possibility of error and theft ,
as it has to be that there will be awareness enough by all the stakeholders in this issue, as it will reduce the work routine paperwork bureaucracy , believing that it will be implemented soon. , in turn , he saw a member of the Committee economy and Investment MP Abdul Abbas Xiaa that this project will create an investment environment and development of the country. added Xiaa in a press statement
[millionday] note -- this is all linked and as we know it is ready when the rate goes and all else -- so this is huge huge --- lets read more -- check mark
[millionday] as we know this has to be all done at the same time -- this is done
[millionday] that ( the project) will bring international companies to invest in various sectors , they are looking for a banking system developed in the environment in which they invest to ensure that their funds and maintain.
mentions the central bank announced its intention to implement a project linking local banks network unified communications , managed by an international specialized company in order to facilitate banking transactions and control the work of banks in the country.
Iraq has more than 50 banks with about 800 branches in Baghdad and the provinces , according to statistics of the Central Bank the per capita share of the Iraqi banking less than four times what it is in neighboring countries.
[millionday] huge smile and that is just the first report of the night so i would like to say one more thing - remember we are watching them prepare and this is the prep for sure and one more thing
[millionday] whooooooooooooooooooooooooop whooooooooooooooooooooooooooooop
[jimplants] this is done ...pretty nice words ] brb with more
[Godsalli/Jim] Jimplants....then why does it say implemented soon? What am I missing?
[millionday] it does say soon -- it means when they are ready to need it with everything else done -- not that it will be done soon -- it is done now
[millionday] here we go -- Banking stakeholders concluded that the need to establish a Development Bank for the financing of major projects and the expansion of long-term finance through the contribution of the private and State banks in addition to the establishment of a specialized training center to create the angels according to internationally approved methods and relished in the sessions of the international financial institutions aimed at skills development.
the recommendations of the first Iraqi banking conference organized by the end of last month included a professional Charter between the Government and private banks under the supervision of the Central Bank of Iraq and the formation of a permanent Coordinating Committee to follow the flow of transactions between the parties to the device Banking, and enhanced cooperation among them, as well as to activate the financial services
[millionday] the development bank is standing -- they will activate its info capabilities when all is activated
[lojak] development bank---major move forward
millionday] Tribunal to consider emerging issues, the Executive Director of the Association of private banks in Iraq Abdul Aziz hasoon, the recommendations also included the development of a programme for the development of a risk management system by the banks, under the supervision and control of the Iraqi Central Bank rather than simply acquiring bank programs, and develop a framework for the governance of banks, mechanisms, internal controls and oversight systems and internal audit.
He told the (morning) Conference recommended activating coordination between fiscal and monetary authorities and other relevant authorities through the Joint Committee with a view to developing new policies and mechanisms to support the development of the private banking sector.
[cookie2] Could someone explain what a development bank is? Please
[millionday] come on --- they just said they have electronically linked all banks -- public--private and international --- this is major -- not something we should be thinking oh God what to do they said soon --- it means that soon they will have it all in one form and we will be all happy -- this is rocking good news not bad
[millionday] the development bank is the info center for all banks -- the go to guy questions etc - and the where to find the answers
[cookie2] millionday millionday millionday millionday TY TY TY and Wooooooooooooooo Hoooooooooooooooooo!!!!
[lojak] millionday i agree with you...electronic---and international---just need the rate
[millionday] exactly just read this for me
[millionday] Executive Director of the Association of private banks in Iraq, Abdul Aziz Hassoun that the recommendations also included a program to develop the system of risk management by banks under the supervision and control of the Iraqi Central Bank rather than just the acquisition of software banking , and the development of a framework for the governance of banks and their mechanisms and internal controls and the development of systems of control and audit internal and Sharia .
He said in a statement (morning) Conference recommended activating the procedures for coordination between fiscal and monetary authorities and other relevant authorities through a joint committee in order to develop new mechanisms and policies to support and develop the private banking sector .
[LBnFL] Call me cynical, but I'll be excited when I see the rate...
[Dinar Sweetie] Woohoo ROckin News millionday !!
[millionday] why would they have this or employ anyone to be in the building ? hmmm this is good
[hbladyfish] You go girl! Great stuff.
[lojak] activating the procedures
[dlherm] this is great!!!
[millionday] And between the Goldfinch delayed recommendations tended towards the establishment of a training center dedicated to creating cadres banking according to the latest methods adopted in banks in the world and expanding access to training opportunities from banks and financial institutions of Foreign Affairs.
Was the Association of private banks in Iraq had organized a conference of the Iraqi banking first under the patronage of the Prime Minister Mr. Nuri Kamal al - Maliki and under the banner of the Iraqi banking sector realities and challenges . And turns the Prime Minister , Secretary General of the Council of Ministers , Dr. Ali Keywords in the care of the conference,
[millionday] which was attended by Deputy Governor of the Central Bank of Iraq Zuhair Ali Akbar on behalf of the Governor in addition to the representative of the Union of Arab Banks and representative of the Association of Banks in Lebanon,
in addition to a large group of guests and bankers and a number of academics from universities Iraqi conference discussed in four sessions over the daily held topics presented by researchers at the four Mahoralawl the Iraqi banking sector realities and challenges , banks and their role in development , as well as the banking sector and international relations, and the conclusion was with the strategy of the banking sector .
[millionday] so the strategy is how the plan -- and the follow of it to get to the goal --- so the development bank is how to get there and the answer to the questions -- oh goodness i am worn out already i thought you all would be celebrating smile ok brb with more
[lojak] millionday its just s signs of great things a coming
[Dinar Sweetie] We are woohooooo!!!!!!!!!!!!!
[hbladyfish] Take some oxygen
[Horizon0000] Millionday some of us are
[millionday] ok brb
millionday] ok here we go with something else now think of this -- iraq is here at this -- if this doesn't excited you -- get a drink or check your pulse
[millionday] Involved in Iraq Banking Forum specialist , organized by the Union of Arab Banks in Tripoli, Libya on 27 and 28 October the current deals and reality ( MFI ) small and medium enterprises Aadha option strategic for the development of the economy and create jobs.
Said banking expert , Dr. Sadik Al Shammari , which represents Iraqi banks in Forum (morning) that the forum highlights the role of SMEs in economic development, will also discuss the reality of these projects in the Arab world and the role of the banking sector and Islamic banking and regional and international organizations in the support and development of small and medium enterprises to serve the economies of Arab societies
[millionday] He pointed out that the EU believes in the significant role played by these projects in the support and development of the economies of the Arab world , and especially in some countries where today's economic challenges imposed by the economic and social changes .
He pointed out that Iraq adopted the experience of small and medium - sized enterprises for several years and has achieved great successes production and service its mandate in the general areas of Iraq without exception.
millionday] progress is showing and now they know they are ready to go large --- very nice
[millionday] brb with more