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Frank, Delta and KTFA Members Friday PM 7-26-19

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Frank, Delta and KTFA Members Friday PM 7-26-19 Empty Frank, Delta and KTFA Members Friday PM 7-26-19

Post  Admin Fri Jul 26, 2019 6:37 pm

7/26/2019


 
KTFA:

Samson: Government of Kurdistan announces Eid al - Adha holiday

26th July, 2019

The Kurdistan Regional Government (KRG) announced Friday that the holiday of Eid al-Adha will be extended for seven days.

A source in the Kurdistan Regional Government, in an interview with Alsumaria News, that "according to the lunar calendar, the first day of Eid will coincide Sunday, 11 August 2019." 

The source, who asked not to be named, said that "Eid holiday will be seven days for all circles and institutions of the region."   LINK

Photoman57:  Could it be a big big party ?

Popeye7:  I was thinking the same thing Photoman... What better way to celebrate it than to add value to your currency beforehand in order to enhance the celebration... Know what I mean?...
....




Frank26:  CBI AND NEW GOVERNOR

Streamed live 13 hours ago

https://youtu.be/Ke_1NUFiQW0?t=1

The appointment of a new governor of the Central Bank and a head of the Financial Control Bureau   LINK

DELTA:  NOT OFFICIAL YET....... PARLIAMENT HAVE TO APPROVE HIM FIRST..... ALAQ IS STILL IN UNTIL THEN...

**********************
 
DELTA:  TRANSLATION ISSUE....

THE RIGHT ONE.... PROMOTE THE CIRCULATION OF THE CURRENCY OF  LOWER CATEGORY NOTE ....

WRONG ONE..... pure paper from crumbs years....

Samson:  Instructions and criteria for circulation and replacement of banknotes and counting mechanisms

25th July 2019

To / licensed banks all ( instructions and standards of banknotes trading and replace
mechanisms and counting ) .. To view , click here

https://cbi.iq/news/view/1208

Page 6 ....
 
For regulatory purposes, banks must commit to notify the Central Bank (24) hours prior to
e-mail by a date and address treated by local and foreign strong cash. And the organization of a special record in the damaged currency, and delivery to this bank and its branches, and promote the circulation of pure paper from crumbs years, and provide all branches of the bank.

D - Incinerators shall deposit the damaged banknotes delivered by their customers or from the general public to any quantity, even if the paper is one, to be well sorted and actually damaged, and sent with books showing their status and amounts according to the atmosphere of the delivery time, , And in the case of the existence of cash to be negotiable in your deposits damaged, and large amounts, this is a bank violation to be held accountable by the bank, and in order to stimulate banks to take the matter in the purification of damaged citizens will not pay this bank for the counting and sorting  of those creations.

AD - The transferors to review this bank, the issuing department and the cabinets in accordance with the attached loan quote, indicating that the period of time of transfer is one basket, which shall be renewed upon expiry of the specified period, taking into account the accuracy of the test of the converter in terms of severity, Signed by the Director General of the Government Banks and the Director-General in respect of the relevant knowledge and the Regional Director in respect of the foreign branch or his representative in the event of his absence.

 C - the taste of the cash horizon in the Central House of Iraq - Net end of a special place at  the beginning of the Central Bank of the authorized banks to review the Department of issuance and safes, and the transfer of the existence of checks or execution on the results of virginity and sorting allows the Bank's users to see the visual coverage of those who cameras cameras for the process of opening The two live accounts in the bank, provided that a request is made in an official letter during a type of interlock with the s 2 MODE

DELTA:   BASE ON THIS ARTICLE.....  IQD =ARTICLE VIII 

Samson:  International Islamic Bank announces the launch of the Travel Card service

25th July, 2019

The International Islamic Bank launched a new service under the name of travel cards (Travel Card) in the presence of the Governor of the Central Bank of Iraq Ali Alaq and the Association of Iraqi private banks, at the headquarters of the bank

The Governor of the Central Bank, Ali Al-Alak, said in a speech during the ceremony and attended by "Economy News" that "the International Bank surprises us from time to time through the introduction of new banking products to keep abreast of developments in the banking business in all parts of the world," noting today the world is witnessing the so-called revolution The fourth revolution (digital revolution), which is changing the face of the world now in another direction and the banking sector is the first in this revolution, providing speed, accuracy, service and means of analysis and control at work

He added that the Central Bank is focusing today on the replacement of electronic tools to carry out all banking operations and to keep banks from dealing with the customer with a lot of costs and effort previously

He pointed out that "the radical solution to end the talk of corruption within the institutions of the state is the introduction of modern technologies and make them manage operations and remove the citizen from the employee to eliminate the phenomenon of bribery and extortion and other negative aspects

For its part, the Managing Director of the International Islamic Bank Suha Al-Kafai said that the bank launched a specific strategy for four years from the date 2016 2020 coincided with the strategy of the Central Bank in modernizing the banking system and today we announce that we have implemented all our plans for this period to build an Iraqi bank The methodology of scientific development using modern electronic systems to save time, effort and money to beneficiaries of this bank

Al-Kafa'i explained that today we celebrate the release of the travel card (IQD, USD) and the Internet Bank, which is the first of the electronic systems, so that the citizen and the owners of companies and foreign investor can enter his bank account wherever he is in any country and use his account with payment and transfer services, Or a personal computer

She pointed out that "most of the international companies looking for banking services in Iraq equivalent to the owners in the countries of the world have all the protections required from the risks expected to encourage them to enter and invest in the country and today we tell them we provide these services and provides a solid financial environment Organization seeks to contribute to the reconstruction of Iraq Seriously and practically   LINK

EHankins:  If this doesn't light your fire... Your wood is wet....AMAZING NEWS!

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