Sunday, November 24, 2024
Iraqi bank wins international award for providing “smart and unconventional” services, 24 NOV
Iraqi bank wins international award for providing “smart and unconventional” services
Baghdad – Mil
An Iraqi bank has received an international award for providing “smart and non-conventional” services to promote digital transformation in the Iraqi banking sector.
The National Bank of Iraq said in a statement that “the Excellence Award in Financial and Technical Innovation and Digital Leadership in Iraq for 2024, presented by the International Union of Arab Bankers, highlights the commitment of the National Bank of Iraq to achieve the highest quality standards in banking services and support the national economy by adopting the latest technologies and providing a distinguished banking experience to its customers through the bank’s application on mobile devices, which is characterized by an easy-to-use interface.”
He added that it “offers customers a wide range of banking services, such as: managing accounts in terms of viewing their account balances, transactions, transferring money, paying bills, and knowing their loan deductions, in addition to the possibility of linking the account to credit cards and the possibility of transferring through Western Union,
in addition to many diverse digital services. Which enables customers to complete their various banking transactions easily and conveniently, such as requesting loans for individuals and many others without the need to visit branches.”
He explained that “this step will enhance the position of the National Bank of Iraq as a major player in the Iraqi banking sector, by enabling it to provide digital and unprecedented banking services and solutions that meet the evolving and growing needs of its individual and corporate customers.”
For his part, the Bank’s Managing Director, Ayman Abu Daheim, said: “This honor is an incentive for the Bank to continue its journey in providing the best services to its individual and corporate customers alike, and its commitment to improving the customer experience beyond traditional methods and providing smarter and more sustainable ways to digital banking services.”
https://miliq.news/economy/39045–.html
NINJA ECONOMIC : A BIG CHANGE FOR THE IRAQI DINAR CC HIGHLIGHTS NOTES, 24 NOV
NINJA ECONOMIC : A BIG CHANGE FOR THE IRAQI DINAR CC HIGHLIGHTS NOTES
Summary
The video discusses significant developments regarding the Iraq Dinar and shares wealth-building strategies for investors.
Highlights
- 📈 Major changes are happening with the Iraq Dinar, presenting potential investment opportunities.
- 💰 The speaker shares a strategy that helped them grow wealth after investing in the Dinar over a decade ago.
- 🔍 Recent news indicates a possible surge in Dinar value, driven by geopolitical factors and currency basket fluctuations.
- 🌍 Global dynamics, including trade agreements with China and Russia, are influencing Iraq’s economic landscape.
- 📊 The historical value of the Dinar suggests it could be worth significantly more than the current rate.
- 🤔 Many investors lack understanding of currency cycles, risking poor decisions with their investments.
- 🔔 A new course on tax lien investments is available, offering high returns and financial education.
Key Insights
- 💡 Market Movements: The Dinar’s value may see dramatic changes due to global economic shifts and local developments, making it crucial for investors to stay informed.
- 📉 Understanding Currency: Many people are unaware that the Dinar has historically been valued higher than the US dollar, highlighting the potential for future appreciation.
- 🔄 Investment Strategy: The key to wealth-building lies in shifting investments between asset classes to capitalize on their cyclical nature.
- 🏗️ Geopolitical Influence: China’s investment in Iraq’s energy sector indicates a strategic move away from US dominance, which could enhance the Dinar’s value.
- 💸 Diversification: Combining different types of investments, such as tax liens and currencies, can provide more stable returns and mitigate risks.
- ⚖️ Risk Awareness: Investors should avoid putting all their money into a single asset like the Dinar, as it may not yield immediate returns.
- 🧠 Financial Education: Investing time in learning about different financial strategies can empower individuals to make informed decisions, leading to better wealth outcomes.
Assigning two international companies to study the Iraqi banking market, 24 NOV
Assigning two international companies to study the Iraqi banking market
Economy News – Baghdad
The financial adviser to the Prime Minister, Mazhar Mohammed Saleh, announced on Sunday that the government is in the process of having a banking system based on the foundations of the competitive market, while pointing to the assignment of two international companies to study the Iraqi banking market.
Saleh told the official agency: “The government strategy in banking reform began with the government banking sector under the supervision of the Prime Minister and is based on isolating government financial operations from the activity of developing the banking market, because the government banking sector in its current traditional form dominates 88% of the country’s banking activity, which made government banking operations mixed with market activity.”
He added, “We are waiting for the birth of a banking system owned by the government but based on competitive market foundations in the provision of banking services, the achievement of actual financial inclusion and digital financial inclusion, and is in line with the digital payments policy that our country has been working strongly for more than a year,” pointing out that “the private banking sector, the other, is experiencing the evaluation stage and there are opportunities for voluntary integration between more than one bank, including an international strategic banking partner.”
He pointed out that “the objectives of banking reform in Iraq will end with a high integration that achieves competitiveness, homogeneity, compliance and governance within the Iraqi banking market, and achieves the integration of the national banking market with the global market,” pointing out that “the entire issue is strictly followed by Prime Minister Mohammed Shia Al-Sudani after assigning two international companies to study the Iraqi banking market and according to a new vision that is in line with the need of the national economy for credit, investment and mobilize the public’s resources to ensure the national income cycle, which is more stable and efficient.”
As for the private sector, Saleh explained that “the launch of the philosophy of development partnership between the state and the private sector was embodied for the first time in the government’s granting of sovereign guarantees to the private industrial sector to collect international loans to finance production lines for the most important industrial projects from the European Union and Japan,
which leads the future of development and at five levels of industries, starting with ensuring the financing of infrastructure industries related to the development path, the pharmaceutical, petrochemicals and refining industry and ending with important digital industries, without neglecting the interest in supporting the agricultural sector and farmers in protecting the country’s food security from the production of important strategic food crops.”
He stressed that “the government did not overlook the national strategy for the private sector, which hopes that the contribution of the private sector to the country’s GDP will rise from 37% currently to more than 54% in the coming years, by providing opportunities for raising the private sector by supporting government development financing for it,
whether through the Iraq Development Fund or Riyada Bank (a mixed sector) established by the Central Bank of Iraq to promote the role of the private sector in development and raise growth rates in its investments and contributions to the country’s GDP and in accordance with the private sector development strategy adopted by the government for years.”
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Added 2024/11/24 – 3:44 PM
GLOBAL CURENCY RESET FROM WOLVERINE & TEXAS SNAKE. ( ENGLISH & SPANISH) , 24 NOV
GLOBAL CURRENCY RESET
· Friday, November 22, 2024 Wolverine: We will have very good news on Friday. It will be a wonderful weekend and everything will be ready on Monday, also in the medical beds. Have a beautiful day.
· Friday, November 22, 2024 The Texas Snake: A banker has all of his foreign exchange specialists ready to start making appointments on Monday. The Iraqi budget must be approved by Monday, November 25, 2024.
· Friday, November 22, 2024: BREAKING NEWS! The Global Monetary Revolution: The Explosive Rise of the Iraqi Dinar, the Vietnamese Dong, and the Zimbabwean Dollar. Are you ready?
TRANSLATION IN SPANISH
RESTABLECIMIENTO MONEDA GLOBAL:
· Viernes 22 de noviembre de 2024 Wolverine: Tendremos muy buenas noticias el viernes. Será un fin de semana maravilloso y todo estará listo el lunes, también en las camas médicas. Que tengas un hermoso día.
· Viernes 22 de noviembre de 2024 La serpiente de Texas: Un banquero tiene a todos sus especialistas en cambio listos para comenzar a concertar citas el lunes. El presupuesto iraquí debe ser aprobado antes del lunes 25 de noviembre de 2024.
· Viernes 22 de noviembre de 2024: ¡ÚLTIMA HORA! La revolución monetaria mundial: el explosivo ascenso del dinar iraquí, el dong vietnamita y el dólar zimbabuense. ¿Está preparado?
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