Baghdad Council is considering building banks in areas of the capital
3/12/2013 0:00 Baghdad Isra Samurai studying the Baghdad Provincial Council building banks in areas that lack a presence in the capital.
[tlm724] showed that the council will coordinate with the ministries of Finance and municipalities as well as the Secretariat of the capital and the province of Baghdad to implement project if obtaining approvals, early next year
[tlm724] that the mechanism aims to provide banking services to the citizens in each district of the capital,
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89 billion dinars insurance reserves 3/12/2013 0:00
Baghdad - Mostafa Hashemi revealed National Insurance Company under the Ministry of Finance for the total technical reserves have reached 89 billion and 282 million and 544 000 dinars during the last year.
added source in the company (morning) that the annual report of the Board of Directors of the National Insurance Company confirmed that it came against the reserves amounted to 70 billion and 825 and 595 000 dinars in 2011, an increase of 26 percent.
tyvm gaffi ~ Insurance reserves are assets kept by an insurance company, a bank or other financial institution to cover it against future claims and unforeseen circumstances. Insurance reserves insure that an institution has funds available to honor its claims and payment premiums.
Banker: Amendment of Article 28 of the Banking Act will boost investment in the banking sector 03-12-2013 09:42 AM
Baghdad (news) .. Banking expert said Mohsen Ali, the importance of the amendment of Article (28) of the Banking Act public to support investment in the Iraqi banking sector, calling for the need to strengthen relations with Arab banks for the advancement of local banks.
[tlm724] The Federal Government is required to support the banking sector in terms of amending the laws
[tlm724] that should open the door to massive growth when this is completed
[tlm724] there will be plenty of money to lend out !
Economic parliamentary: chunked national project is a positive step for the development of the banking system
Baghdad - and babysit - A member of the Committee on Economy and Investment Mura'bi MP Hussein, the National divider is a positive step to facilitate citizens and businesses deal with the banks, according to modern technology.
[tlm724] "the project will contribute to linking the divided national government banks and private banks,
[tlm724] that ^^^ is exactly what I was talking about in our recent chat, linking all the banks electronically
[tlm724] a unified communications network for trading by bank credit cards that will facilitate the banking business
[tlm724] *hallelujah* they are getting there !!!
[tlm724] and they are training the staff too, we saw it the other day, World Bank is doing the training