Arabic side of the CBI 11-17-2016

To / brokering the sale and purchase of foreign currencies all companies (Letters of Guarantee)
     17/11/2016


http://www.cbi.iq/documents/Announcem-k%2017-11-2016.pdf

To / licensed banks (data)
     17/11/2016

     Exchange companies (Company commissioner Manager) (company auditor) (Associate Commissioner director of foreign exchange) (the founders of the exchange companies)

     Banks (members of the management of the bank) (Commissioner of the bank manager) (Monitor compliance of the bank) (Comptroller of the bank) (the founders of the bank)

     Money transfer companies (members of the Board of Directors) (Company commissioner Manager) (Monitor compliance of the company) (company auditor) (the founders of the company)

http://www.cbi.iq/documents/Announcem-b%2017-11-2016.pdf

Thursday, November 17, 2016 13:56

[ltr] The central bank is required to mediate letter of guarantee 100% of their capital firms [/ltr]

[ltr] BAGHDAD / Baghdadi News / ... revealed a document issued by the Central Bank of Iraq, on Thursday, for a resolution that includes an increase for letters of guarantee banking companies to allow them to enter sell the currency window, and noted that the decision included raising the letter of guarantee for banks to 100%, while the It confirmed that the bank's board is considering a proposal to reduce those percentages after the claims of the companies need to be reduced.


According to a document obtained by / Baghdadi News /, that "there is a decision by the Board of the Central Bank includes an increase for letters of guarantee banking companies to the Central Bank of Iraq in order to enter sell the currency window," noting that "companies demanded the need to modify that decision." .


The document, to be "the central bank studied the requests he has received on the amendment of the decision to lift the letter of guarantee for banks to 100%, it has decided to be 25% that the increase be before the (first of January 2017), that increases annually by 25% for a period of four years to be up to 100%. "


It said the document, said that "those measures aimed at creating motivation for the exchange companies to work according to the requirements of the Central Bank and commit to decide in selling the currency" .anthy 21 / T




http://www.albaghdadianews.com/economy/item/104543-AkBlK-AkLEKen-nkeL-yoEKAb-AkbNYOZ-BgZAB-zhLAl-100-Ll-ETNYO-ALNAkmA.html
[/ltr]

Central necessary to mediate letter of guarantee 100% over the next four years companies
Thursday November 17 2016 12:44



Alsumaria News / Baghdad
Committed the central bank, on Thursday, broker for buying and selling currencies letter of guarantee 100% of their capital during the four-year companies, noting that the decision would be motivated to work for these companies in accordance with the bank's requirements.

The bank said in a statement Alsumaria News received a copy of it "decides to be a letter of guarantee for companies to broker the sale and purchase of foreign currencies 100% of their capital over the next four years."


The bank said "the Board of the Central Bank studied this decision in the light of the applications received and decided to be letters of guarantee of 25% of the company's' capital that the increase is completed before the first of January 2017 and increased annually by 25%, ie, to be 100% during the four years. "

The bank pointed out that "the decision will be motivated to work for these companies in accordance with the bank's requirements and comply with the decision in the area of ​​sales of foreign currency."

Letters of Guarantee and know that it is a written pledge, under which the bank undertakes to ensure a customer (applicant) within a certain amount towards a third party, in order to ensure the fulfillment of the guaranteed customer commitment towards a third party during a certain period of time.


http://www.alsumaria.tv/news/186175/المركزي-يلزم-شركات-التوسط-بخطاب-ضمان-100/ar

... Necessary documents central to mediate letter of guarantee 100% of their capital firms


Author: ASJ, HH
Editor: HH
17/11/2016 12:55



Long-Presse / Baghdad

It revealed a document issued by the Central Bank of Iraq, on Thursday, for a resolution that includes an increase for letters of guarantee banking companies to allow them to enter sell the currency window, and noted that the decision included raising the letter of guarantee for banks to 100%, while confirming that the bank's board is considering a proposal to reduce those after claims descent from the companies need to be reduced.

And showed a document obtained (range Press), a copy of which, that "there is a decision by the Board of the Central Bank includes an increase for letters of guarantee banking companies to the Central Bank of Iraq in order to enter sell the currency window," noting that "companies demanded the need to modify that the decision".

The document, to be "the central bank studied the requests he has received on the amendment of the decision to lift the letter of guarantee for banks to 100%, it has decided to be 25% that the increase be before the (first of January 2017), that increases annually by 25% for a period of four years to be up to 100%. "

It said the document, said that "those measures aimed at creating motivation for the exchange companies to work according to the requirements of the Central Bank and commit to decide in selling the currency."

http://www.almadapress.com/ar/NewsDetails.aspx?NewsID=6057

Central Balutiqh..alpennek needed to mediate letter of guarantee 100% companies


2016/11/17 | 15:01


Baghdad balances News

The central bank decided to bank, forcing broker for buying and selling currencies letter of guarantee 100% of their capital during the four-year companies.

The bank said in a statement received / balances News /, he "decided to be a letter of guarantee for companies to broker the sale and purchase of foreign currencies 100% of their capital over the next four years."

The bank said "the Board of the Central Bank studied this decision in the light of the applications received and decided to be letters of guarantee of 25% of the company's' capital that the increase is completed before the first of January 2017 and increased annually by 25%, ie, to be 100% during the four years. "

He said, "The decision will be motivated to work for these companies in accordance with the bank's requirements and comply with the decision in the area of ​​sales of foreign currency," .anthy 29 / D 24

http://hathalyoum.net/1158525