Stryker Blog 09.26.2013
It sure looks like Iraq's Banks are about to go Global very very soon according to several articles today.
At the end of this month, a new banking strategy will be executed according to an interview today by President of the Association of private banks in Iraq.
Quote: the strategy is executed during the days of the conference
The very last piece of the Iraq puzzle has always come down to the ability of Iraq's Banks to be ready to communicate with the global banks and I believe this conference will be the launching pad that they need.
The Confidence of International Banks as it is being called, is going to be held on the 28th and 29th of September. Not only will this be a chance for all participants to put forth their views and proposals that for the ongoing development of the Iraq's banking sector, it will also include the new technology that will get them there.
With this new strategy it comes with the Technologies with International Banking, Iraq will be able to provide advanced services to the public which will be the bigger beneficiaries.
Here is where it gets real interesting, the Director General of the Islamic Bank of Mesopotamia said that Iraq would emerge from the provisions of Chapter VII. Doesn't that sound like Iraq is about to really emerge from Chapter VII, here is his quote:
"The Director General of the Islamic Bank of Mesopotamia Abdul Hussein Mundhiri has pointed to the importance of the first Iraqi banking conference, pointing out that Iraq would emerge from the provisions of Chapter VII to make the Iraqi banking market and a new destination of the most prominent international banks known in the global economy"
My point, we know that Iraq needs to pay off Kuwait completely before they can really emerge from Chapter VII and now with what this well known official is saying, with this important conference Iraq will emerge from Chapter VII it means that Iraq is about to pay their debt to Kuwait which will give them their assets and emerge
Globally.
It sure looks like October could be a very interesting month!
Much more on this and the latest news on my broadcast today,
Stryker
It sure looks like Iraq's Banks are about to go Global very very soon according to several articles today.
At the end of this month, a new banking strategy will be executed according to an interview today by President of the Association of private banks in Iraq.Quote: the strategy is executed during the days of the conferenceThe very last piece of the Iraq puzzle has always come down to the ability of Iraq's Banks to be ready to communicate with the global banks and I believe this conference will be the launching pad that they need.The Confidence of International Banks as it is being called, is going to be held on the 28th and 29th of September. Not only will this be a chance for all participants to put forth their views and proposals that for the ongoing development of the Iraq's banking sector, it will also include the new technology that will get them there.With this new strategy it comes with the Technologies with International Banking, Iraq will be able to provide advanced services to the public which will be the bigger beneficiaries.Here is where it gets real interesting, the Director General of the Islamic Bank of Mesopotamia said that Iraq would emerge from the provisions of Chapter VII. Doesn't that sound like Iraq is about to really emerge from Chapter VII, here is his quote:"The Director General of the Islamic Bank of Mesopotamia Abdul Hussein Mundhiri has pointed to the importance of the first Iraqi banking conference, pointing out that Iraq would emerge from the provisions of Chapter VII to make the Iraqi banking market and a new destination of the most prominent international banks known in the global economy"My point, we know that Iraq needs to pay off Kuwait completely before they can really emerge from Chapter VII and now with what this well known official is saying, with this important conference Iraq will emerge from Chapter VII it means that Iraq is about to pay their debt to Kuwait which will give them their assets and emerge
Globally.It sure looks like October could be a very interesting month!Much more on this and the latest news on my broadcast today,Stryker
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