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The central bank signs a banking arrangement document with the World Bank

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ikea


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https://cbi.iq/news/view/1489

The central bank signs a banking arrangement document with the World Bank

May 13, 2020

As part of its strategy to develop its foreign reserves management in line with current and future developments, the Central Bank of Iraq signed a banking arrangements document with the World Bank's Reserves Management & Consulting Program ( RAMP ) Reserves Advisory & Management Program

This document aims to enable the Central Bank of Iraq to obtain technical support through the exchange of knowledge and experience in the field of investment portfolio management based on a performance indicator that helps to maximize financial resources, build human capital by exchanging knowledge and developing expertise in the financial field in accordance with best practices In the field of reserve management.

It is noteworthy that this program was developed by the World Bank in 2000, with the aim of building capacities and providing consulting and asset management services, and is considered a meeting place for a network of specialists, and it serves more than (70) members around the world, most of them are from central banks, managing nearly (2) One trillion dollars of sovereign assets.

The Central Bank of Iraq
information Office
May 13, 2020

tlm724

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Thank you Ikea !!

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Iraq signs a banking arrangement document with the World Bank
Economy | 11:52 - 05/13/2020


Baghdad - Mawazine News
, The Central Bank of Iraq announced, on Wednesday, the signing of a banking arrangements document with the World Bank.

A statement of the bank, which has received / Mawazine News / a copy of it, stated that "within the framework of its strategy to develop the management of its foreign reserves in line with current and future developments, the Central Bank of Iraq signed a banking arrangements document with the reserve program for the reserve management of the World Bank (RAMP Reserves Advisory & Management" Program). "

The statement added, "The document aims to enable the Central Bank of Iraq to obtain technical support by exchanging knowledge and experience in the field of investment portfolio management based on a performance indicator that helps to maximize financial resources, building human capital through exchanging knowledge and developing expertise in the field." The financial according to the best practices in the field of reserves management. "

He explained, "This program was developed by the World Bank in 2000, with the aim of building capacity and providing consulting and asset management services, and is a meeting place for a network of specialists, and it serves more than (70) members around the world, most of them are from central banks, managing nearly ( 2) $ 1 trillion in sovereign assets. ”Ended 29 / A 43

https://www.mawazin.net/Details.aspx?jimare=100198


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