On the Keywords: defamation of the banking sector is a testament to the lack of banking culture
Tomorrow Press / Baghdad:
The governor of the Iraqi Central Bank on the Keywords, on Monday, the importance of the role of the banking sector in supporting efforts for the success of the donors' conference for the reconstruction of areas affected by the terrorist Alamyat to be held in Jordan in April next, criticizing defamation operations against the banking sector, noting that the defamation of the banking sector is a guide the absence of banking culture, especially regarding the sale of the dollar in particular.
The governor of the bank on the Keywords in a statement received "Tomorrow Press", a copy of it during the meeting of the Central Bank of Iraq headquarters in Baghdad in the presence of general directors, director of operations and debt management, Dr. Mahmoud Dagher and head of the Iraqi private banks association Wadih Handal and other key Iraqi private banks that we are " We hope that the participation of this sector and wide in this national action to be an important point in his record holds all meanings benevolent. "
Keywords and he pointed out that "heavy load is not done, but his family, so we expect the banking sector initiatives in this area," complements by saying that "we are up to date with preparations for the conference, both at the local level through the committee in charge of this mission, chaired by the President of the Reconstruction Fund, Dr. Abdul Basit Turki or through international organizations. "
He noted that "the conference is an opportunity that will contribute to creating a state of stability in our country, and we are in need in this particular circumstance," likely to "be participating in the conference to be held the Dead Sea area on 16 and April 17 and wide."
On the other hand between the Keywords that "the central bank's position is clear on the auction of the currency," explaining that he "had held meetings with the Financial and Economic Committee in the House of Representatives and with other official bodies to clarify this issue."
Turning the central bank governor to "reasons of defamation and accusations faced by the banking sector in general campaign, especially regarding window sell the currency, explaining that at the forefront of these reasons, the absence of public banking culture on the work of banks and the nature of central bank functions with regard to selling the dollar in particular."
Keywords called "media that takes its role in educating people in general functions of the banking sector, and that the response to the attack easy if it is made by specialists, because they easily understand the reality of the situation, while it will be difficult when it comes to by others do not have the culture of banking.
He urged "the conservative private banks are generally not to give a chance to attack it by closing loopholes and full compliance with the instructions of the Central Bank and to focus on selling the dollar not be practical target for speculation.
So called head of the Iraqi private banks association Wadih Handal to "increase support for the central bank to the banking sector to be able to contribute to any national action, also stressed the support of private banks to the efforts of the Central Bank in the framework of cooperation and enhance mutual between the two sides trust.
Handal noted private banks Association initiative to establish a legal committee to be the voice of the banks before the judicial authorities and to pay the accusations directed to it by legal means.
He stressed "the importance of the humanitarian role played by the private banks toward our people displaced," explaining that "liberation Salahuddin and Anbar of terrorism would contribute to reassure the capital that our country is on the road to recovery, especially after the start of preparations for the Liberation of Nineveh province."
Handal called "boards of directors of banks and more effective humanitarian contributions, and assign the donors' conference to be held in Jordan in April next year."
He explained that the importance of "going success of the conference the first two-way efforts to encourage the human side and the second search States and international organizations to provide support as you can from Iraq for the reconstruction of cities ravaged by terrorism."
On the nature of the relationship between the central bank and the private banks between Handal it was "dominated by the language of trust and mutual understanding is important in the face of challenges that include everyone."