30/07/2011
CBI begins assessment of private banks throughout the country
Baghdad, Deputy Governor of Central Bank of Iraq, Saturday, the Bank began to assess the work of 27 private banks throughout the country.
The appearance of Mohammed Saleh told the Kurdish news agency (Rn) that "the Iraqi Central Bank began to assess the performance of 27 private banks in accordance with system CAMEL, which depends on capital and Assets, deposit, liquidity and banking services provided by private banks.
He added that the "inspection department field in the Directorate General of the banking and credit control will take on the responsibility for evaluation and follow up the performance of private banks, which get a grade 1, it means the highest level of its ability to provide banking services.
He pointed out that the "degree of 2 means the value of banking is very good and the degree and 2B and the degree of 2B1 a little very good score and grades 4A and 4C and 4C2 means alone and needs to review its performance." and said the Iraqi Central Bank in July 6 that 20 banks and a special work began according to the electronic clearing system, stressing that there are efforts to introduce government banks in this system. and the World Bank allocated 10 million Dolarlaadh restructuring of banks, Iraqi government and the activation of their transactions online. A
nd announced earlier in the unit re-Hiklhalmassarv Iraq had been extended and unit banks for a period of one year because of concerns security. Iraq had decided in early 2006 and the restructuring of banks in order to get rid of the heavy debt.
The Ministry of Finance of Iraq for its efforts over the next year to develop an integrated plan for the development of banks, e-government and the activation of financial relations in this aspect. The Iraqi government is still limited in its dealings Finance approved by the government banks by 85%. and called on the Ministry of Finance earlier in the Iraqi Central Bank to take firm action in granting licenses for the establishment of private banks. Wanan of Jafar, the Open: Peace Baghdadi
http://www.aknews.com/ar/aknews/2/254358/
CBI begins assessment of private banks throughout the country
Baghdad, Deputy Governor of Central Bank of Iraq, Saturday, the Bank began to assess the work of 27 private banks throughout the country.
The appearance of Mohammed Saleh told the Kurdish news agency (Rn) that "the Iraqi Central Bank began to assess the performance of 27 private banks in accordance with system CAMEL, which depends on capital and Assets, deposit, liquidity and banking services provided by private banks.
He added that the "inspection department field in the Directorate General of the banking and credit control will take on the responsibility for evaluation and follow up the performance of private banks, which get a grade 1, it means the highest level of its ability to provide banking services.
He pointed out that the "degree of 2 means the value of banking is very good and the degree and 2B and the degree of 2B1 a little very good score and grades 4A and 4C and 4C2 means alone and needs to review its performance." and said the Iraqi Central Bank in July 6 that 20 banks and a special work began according to the electronic clearing system, stressing that there are efforts to introduce government banks in this system. and the World Bank allocated 10 million Dolarlaadh restructuring of banks, Iraqi government and the activation of their transactions online. A
nd announced earlier in the unit re-Hiklhalmassarv Iraq had been extended and unit banks for a period of one year because of concerns security. Iraq had decided in early 2006 and the restructuring of banks in order to get rid of the heavy debt.
The Ministry of Finance of Iraq for its efforts over the next year to develop an integrated plan for the development of banks, e-government and the activation of financial relations in this aspect. The Iraqi government is still limited in its dealings Finance approved by the government banks by 85%. and called on the Ministry of Finance earlier in the Iraqi Central Bank to take firm action in granting licenses for the establishment of private banks. Wanan of Jafar, the Open: Peace Baghdadi
http://www.aknews.com/ar/aknews/2/254358/
