“HCM CITY — HDBank is one of the first lenders in Việt Nam to have successfully adopted Basel III reforms standards.” HD Bank in Vietnam has upgraded from Basel 2 to Basel 3 Reforms across the board on all of the requirements it takes to be compliant. The Basel Committee has recommended this for International Banks since January 1, 2023, and HD Bank is our first International pioneer. They have reached sustainable goals through Article 4…with the IMF, and they are now able to move forward… Iraq being on a similar track…HDBank, one of the pioneers in Việt Nam, has applied leading international risk management standards.
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The Secretary General Of The National Product Calls For The Application Of Article 304 Of The Iraqi Penal Code To Protect The Dinar
07/31/2023
10k Iraqi Dinar notesEarth News/ The Secretary-General of the Parliamentary National Product Bloc, Jassem Al-Amiri, called Sunday, for the implementation of Article 304 of the Iraqi Penal Code to protect the dinar.
Al-Amiri’s media office said, in a statement received by Earth News, that “the government’s measures to control fluctuations in the exchange rate of the dollar, which included authorizing more than 100 exchange companies to obtain their shares of the dollar, and after the United States denied the issuance of any sanctions against Iraqi banks, the dollar prices began It is witnessing, on a daily basis, a significant decrease.”
He added, “One of the reasons for the high price of the dollar is the statements of some that the US Treasury Department could impose sanctions on the central bank, which aroused citizens’ anger and concern, which prompted them to resort to buying dollars, which increased the demand for it.”
Al-Amiri called on “the government, and specifically the Central Bank, to take measures to reassure the Iraqi people and encourage them to deal in the Iraqi dinar, and to take strict measures against manipulators of the exchange rate, and to activate Article 304 of the Iraqi Penal Code, which stipulates the punishment and imprisonment of anyone who publicly broadcasts fabricated facts or allegations that would Causing a decline in the national banknotes or weakening confidence in the state’s currency and its bonds.
He pointed out that “the main affected by the inconsistency in the price of the dollar is the people, who will face a rise in the prices of materials, especially foodstuffs.”
earthiq.news
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