Director General of the TBI: the bank plans to open branches in commercial centers

Director General of the TBI: the bank plans to open branches in commercial centers



06/15/2017 12:00

Baghdad / Farah pumice
As part of the government's economic reforms, the Iraqi Trade Bank seeks to develop banking its tools by opening branches in commercial centers that provide services to citizens in the morning and evening outside the times of official working for government institutions, to meet the needs of the public Almalah.mder General Bank of Iraq, Faisal Alheims said in a statement "morning" that the steps followed in government reforms going properly and well thought out, and began to bear fruit in helping to promote the country's economy.
It saw Alheims that the results and performance of these reforms began to bear fruit during the current stage, as in the experience of TBI, through a strong performance by increasing profits and access to a record rate of 270 percent, which returned half of the profits to the state treasury , a positive guide for the decision to change through supporting the President of the Ministers and government of the banking sector.
The proposal of the bank 's capital increase based on the proposal of the Board of Directors, as approved by the Government, to meet the needs of the financing bank 's major investment projects in the country, and keep up with the requirements of international bodies including (Basel 3), which through banks a certain capital amount increases, that be available in 2019, and headed the bank for this increase to be identical with the capital requirements according to the body (Basel 3) to enable the continued provision of Iraq 's activity in international trade. The spirit of competition Alheims noted the role of the government within the project of economic reforms , making changes in the banking departments in an effort to develop their work, and create a spirit of competition between the public and private sectors to move the wheel of the economy, through which put forward ideas and new products and banking services best introduction to the public, as well as the automation of operations banking and keep up with modern banking technology. A new role and the best example of this, according to Alheims, the Trade Bank of Iraq exercises a new role developed through out the old pattern in the inventory of services to trade finance, and go towards financing retail personnel, as well as to expand its role by enabling international trade of the Republic of Iraq, as well as supporting the private sector through the launch of new products, and re - launch of the brand, as well as investment regimes in the bank and modernization, training and development of human cadres and the processing efficiency of the bank, as well as trying to accomplish customer transactions faster than the previous, and seek the best to offer customers through censorship and Accounting for the work of the Angels. Positive media said Director General of the intention of the bank to open branches in commercial centers, which provide services where morning and evening , which promise a healthy state as in the developed countries of the world, to help the advancement of the banking sector and to move the economic cycle, especially as the bank is a tool needed by the citizen to meet the needs of the financial side , noting at the same time it is a positive means of flowing into the package of reforms presented by the Prime Minister to address some of the problems related to economic activity , along with his effort in the liberation war lands usurped by Daesh terrorist gangs. On the other hand he saw a businessman Hussein Khawam that the reforms launched by the prime minister package was excellent and have a significant impact on the reality of the local market. He Khawam "morning" that he and observers as investors to the market situation, has seen a significant improvement in the last period, after issuing a set of decisions and the implementation of economic laws strengthened reality by moving the wheel of the economy, for the benefit of the citizen. Important departments and drew a businessman that the reforms initiated by Prime Minister d package. Haider al - Abadi changed the important departments in state institutions for the selection of qualified specialists, which emerged in the results of banking institutions and service departments. An important reform steps taken by the Prime Minister, Khawam pointed to the great challenges witnessed by preventing the import of goods products that have similar factories in Iraq , such as cement, where it is the heavy industry extraction, especially that each plant provides 700 jobs, especially in the provinces suffering from economic crises. Khawam noted that the Bank of the (TBI) of the leading banks that have entered the field of the development of the wheel of the Iraqi economy in line with the economic reforms, in collaboration with his company (Doha company Cement Industries) card 5000 tons to supplement the domestic market this product, which counted factories environmentally friendly, It owns 650 of direct manpower, in addition to manpower , indirect exceeding 1000 member.

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