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Banking data and transparency

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1 Banking data and transparency on Mon Nov 13, 2017 5:05 pm

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Banking data and transparency

14/11/2017 12:00 am
Hossein thghb


The movement of funds in all countries of the world great interest by central banks that adopt the chime monetary policy and the reality experienced by the country in light of economic capacity and market requirements of currency.

The stability of countries many devices within the central banks boy marked all movements and the dealings and imposing control systems maintain a supportive market development stages free of challenges that bedevil the financial realities.

Although Iraq has undergone abnormal conditions during the past decades have led to confuse the reality of money and made him a country faces no challenges, but the results were acceptable, and dashed the central work of rubble on more than one occasion, and worked to establish and support the country's economy by announcing an acceptable initiatives b Need for activation.

And Iraq's economic plight exceptions make the Central Bank before many responsibilities and renewed, transparent Organization, especially the size of big banks all tracks Pat course work because it depends upon the Central help organize activities.

In Iraq we have a large number of local banks and branches of foreign banks, owner of advanced technologies that could be put to the service of the Iraqi capital market through Iraqi expertise in friction those branches, work to increase their preparation under the guidance of the Central Bank who owns the database preparation Foreign bankers are updated periodically.

Here you can make foreign bank branches effective tool in training Iraqi bank and competencies that we employ numbers of young professionals regard banking in banks under the supervision of a Special Commission charged of inquiry for this purpose exclusively, followed by senior management of the importance of the subject.

So working on a calendar working mechanisms of foreign bank branches and create local expertise bring new blood banks work out from advanced systems, as well as stand up when employment opportunities provided by these branches to local expertise and workers.

Large and complex responsibilities facing the central action but the presence experience that cringing, this pointed him competent global institutions revealed an evolution in performance, here reflected that success on the performance of private banks which will be the focus of future economic development and waiting "Central" continuous performance evaluation and care.

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