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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    The Central Bank of Iraq introduces a department and reveals its functions

    Rocky
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    • Post n°1

    The Central Bank of Iraq introduces a department and reveals its functions Empty The Central Bank of Iraq introduces a department and reveals its functions

    Post by Rocky Mon 17 Apr 2023, 7:35 am

    [size=30]The Central Bank of Iraq introduces a department and reveals its functions
    [ltr]2023.04.17 - 10:32[/ltr]
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    Baghdad - people  
    The Governor of the Central Bank, Ali Mohsen Al-Alaq, accompanied by the Iraqi delegation, met with the regional representative of the World Bank (Farid Belhaj) and his executive team, as part of a series of meetings of the World Bank and the International Monetary Fund in Washington.  
      
      
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    The meeting dealt, according to a statement by the bank, a copy of which "NAS" received (April 17, 2023), "discussed the reality of the Iraqi banking sector and strengthened the concept of financial inclusion in the country through special programs with international institutions. The two parties also discussed the recent measures taken by the governor of the Central Bank of Iraq in combating Money laundering and terrorist financing, as well as accelerating banking reforms for government banks, and government support for reform in this vital sector.  
      
    In turn, the governor stressed, "continuing to support the green economy and renewable energy through the clean energy initiative, which is represented by lending citizens to purchase solar energy systems and cooperation with government agencies to ensure the quality of the systems, calling for technical support and benefiting from the expertise of the World Bank in expanding the Central Bank's initiative in lending small projects." In light of the successful experiences of other countries.  
      
    He revealed the creation of the "International Organizations and External Relations" section, which is linked to the Governor of the Central Bank to organize, strengthen and follow up on relations, programs and memorandums of understanding with external organizations and parties.  
      
    In addition, the regional representative of the World Bank expressed his "cooperation to build the functional and technical capacities of the Central Bank's employees in the field of banking supervision and the supervision of electronic payment companies and non-bank financial institutions."  
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