****************** Central Bank reveals a proposal to restructure the bank Rafidain and Rasheed

Sunday November 22 - 2015 14:51





Detection Iraqi Central Bank Governor on the Keywords, on Sunday, for a proposal to restructure the bank Rafidain and Rasheed to the large number of administrative and technical their problems, as he pointed to the possibility of putting some of their shares to the private sector.

The governor of the Central Bank on the Keywords during a press conference held at the Central Bank building and the satellite radio tow "The bank Rafidain and Rasheed Asthoman 80% from fiscal policy," noting that "the two banks suffer many administrative and technical and technological problems."

"The right solution is to restructure the banks or create some stock in partnership with the private sector", stressing that "the Bank is working in this direction with the prime minister in coordination with the World Bank."



Governor of the Central Bank also announced its rejection of a proposal to parliament to pay part of employees' salaries in dollars, as he emphasized that this process will lead to depreciation of the currency reserves.

Keywords and said at the conference that "the Finance Committee in the House of Representatives and a number of specialists suggested to be part of the employee's salary in dollars."

"We as a central bank refused this thing for two reasons, the first being a threat to the country's sovereignty because the currency is the dinar, the national currency," adding, "The second reason is that the process leads to a significant reduction reserve".

Governor of the Central Bank also confirmed that the project to delete the zeros of the currency did not stop, and among the conditions relating to the stability of the country intervened as opposed to the project, pointed out that the currency of the 50 Alpha does not lead to inflation.


He said on the Keywords during the conference that "the project to delete the zeros did not stop but there are circumstances related to the country's stability and operations management and organizational intervened as opposed to this project," stressing that "there is a committee exists within the central bank's mission review this file accurately and give the results between now and then, including the market study and the general situation of the country. "

He added that "print currency fifty thousand dinars, do not lead to inflation or raise prices," pointing out that "the currency came in exchange for the damaged currency as well as it was printed to respond to Iraqi requests in terms of trading and transfer money the fact that the recent currency category 25 thousand low compared to the monetary mass existing" .

Governor of the Central Bank also pointed to continue the investigation in the late National Congress leader Ahmad Chalabi, files, and as pointed out directing inquiries to government agencies each sent their answers, pointed out banks fined files Chalabi said after investigation.

Keywords and said during the conference that "the central bank had hoped that the files that were published for the late Ahmad Chalabi be kept secret because they are issues related to money laundering and disseminate the detriment of cooperation with other countries," stressing that "there are memorandums of understanding signed with some countries not to publish these documents so check them fully. "

He added that "the central bank continuously checks for all files and face inquiries and calls for a government different and some of these inquiries years ago," noting that "there are circles sent their answers and some have not yet been received and files that were published we have investigated and Grmena different banks."


http://almirbad.com/news/view.aspx?cdate=22112015&id=8b349437-3d52-4e2e-bc7f-6120c87594f2

The Central Bank rejects the proposal on the distribution of employees' salaries in dollars

Economy 11/22/2015 20:58


The central bank announced on Sunday rejected a proposal for the distribution of employees' salaries in dollars, noting that the dollar can not be a substitute for the national currency.

The governor of the bank on the Keywords in an interview with a number of media, "The Central Bank rejects the proposal that has been presented on the distribution of employees' salaries in dollars," noting that "the Iraqi currency is a sovereign and can not be a substitute for the dollar the national currency."

Keywords adding, that "the distribution of salaries in dollars does not bring anything positive," pointing out that "tend to disrupt the process of distribution."

It is said that a number of members of the House of Representatives earlier filed a proposal to the government and invited her to the distribution of employees' salaries in US dollars rather than the Iraqi dinar.

http://www.radionawa.com/arabic/view.aspx?n_=41027&m_=15

Keywords: banks, Rafidain and Rasheed Asthoman 80% from fiscal policy and are heading for the privatized!

November 22, 2015 12:48

Governor of the Central Bank revealed on the Keywords, Sunday, that the Rafidain and Rasheed, "Asthoman" 80% of the fiscal policy in Iraq, and as pointed out that the two banks are suffering from several problems, he explained that the Central Bank is moving to privatize the two banks.
Keywords and said in an interview, said that "the Rafidain and Rasheed Asthoman to 80% of fiscal policy in Iraq," adding that "an anomaly."
He pointed out that "these two banks are suffering from many problems," he said, "we head into the privatization of two banks or participation with the private sector, and we are working on it in coordination with the World Bank after the Cabinet approved this proposal."

burathanews.com/news/280465.html

Keywords: There is a proposal for the restructuring of Rafidain and Rasheed bank or put their shares to the private sector


Author: AR, ASJ, HH
Editor: AR, HH
11/22/2015 12:38



Long-Presse / Baghdad

Detection Iraqi Central Bank Governor on the Keywords, on Sunday, for a proposal to restructure the bank Rafidain and Rasheed to the large number of administrative and technical their problems, as he pointed to the possibility of putting some of their shares to the private sector.

The governor of the Central Bank on the Keywords during a press conference held at the Central Bank building and attended (range Press), "The bank Rafidain and Rasheed Asthoman 80% of the banking assets," noting that "the two banks suffer many administrative and technical and technological problems."

Keywords and added, "The right solution is to restructure the banks or create some stock in partnership with the private sector", stressing that "the Bank is working in this direction with the prime minister in coordination with the World Bank."

The Rafidain Bank, confirmed on Sunday the (November 7, 2014) that the claim Parliament was restructuring with Rasheed Bank, does not mean separated from the Ministry of Finance, but come to improve and Aqahma and increase their effectiveness and automation of their work along the lines of international banks, noting that cases of breaches recently witnessed stimulated with the Central Bank of Iraq, to ​​re-examine the system for clearing the electronic controls to put "more stringent" to control it almost full.

The banking system in Iraq is made up of 43 banks, as well as the central bank, and are distributed according to government ownership between seven and 30 waged, including seven Islamist, as well as six foreign banks.

http://www.almadapress.com/ar/news/60111/العلاق-هناك-مقترح-لهيكلة-مصرفي-الرش