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By Samir Nusairi
The Governor of the Central Bank Ali Mohsen Al-Alak during his tour in the pavilions of banks participating in the 44th session of the Baghdad International Fair, the distinguished participation of government and private banks in the exhibition and delivery of banking products and modern technical services to the public directly and using modern methods of awareness and education, And is monitored by the Central Bank will inevitably contribute to the achievement of financial coverage and the access of banking services to a large segment of citizens.
He pointed out that the settlement of salaries of employees and the provision of soft loans to them will contribute to the expansion of bank financing and achieve the standard banking density, as he spoke with the President of the Association of Iraqi private banks and heads of boards of directors and the commissioners of the need to pay attention to compliance with rules and regulations of compliance and combating money laundering and financing of terrorism and avoid risks And request the Financial Action Organization to visit Baghdad and to see directly the developments in the banking business in Iraq as far as the application of international banking standards as well as praised the actions of the Association of Banks in the organization of malt Yat meetings in Washington, Germany and building banking relationships and the transfer of developments undertaken by the central bank in the classification of banks operating and assessed in accordance with the commitment of compliance and risk management and corporate governance and the efforts carried out by Iraqi banks in this area, in spite of the special circumstances and the challenges facing the country because of the low prices of standards
The Governor was accompanied during his tour of the participating banks the President of the Association of Iraqi private banks Wadih al-Handal, the Director General of Banking Supervision in the Central Bank and the advisers of the Association was received by the six heads of boards of directors and directors of the banks.
Al-Alaq: The participation of banks in Baghdad International Fair enhances the achievement of financ
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Keywords: Baghdad show a valuable opportunity to stimulate the economy
The presence of major countries in the exhibition confirms its defiance of terrorism
Baghdad / morning team
The activities of the Baghdad International Fair continues in the presence and interaction of a large rally for the various participants activities, including the government sector, which was strongly present through the participation of a wide range of ministries and various departments competencies in order to meet with foreign companies participating in the 44th session of the exhibition, to introduce their activities and exchange of experiences and last the findings of the products of technology and developments in the field of business and industry.
The banking sector has by wide in the Baghdad International Fair in order to stimulate activity Alaguetsada- as confirmed by Central Bank Governor Dr. Ali Keywords "morning" during his visit to the wings of participating in the exhibition banks by saying: " The exhibition is a way to stimulate economic activity," he said . " the presence of a large number of Arab and international and local companies would open new prospects for the work of Iraq, especially as the country is moving towards stability and give development special attention , "he said, adding that this attracts major international specialized companies to work in Iraq."
He stressed that " the exhibition provides an opportunity valuable for banks to promote financial inclusion tastier The focus of the central bank in the next activity. "
Operates banks through its participation in the exhibition on the definition of a large segment of citizens and offer the products and services provided. That offer products from the participation of the Ministry of Oil , which participated by 21 companies , including ministries , R & D center to view Iraqi products winning ISO certification. according to the information Office of the Co - wing Ministry "this participation comes as an opportunity to meet with foreign companies through access to the exhibits wing , which can be described as the portal through which attracting investments to develop the oil reality." The exhibition saw the establishment of the National Day of both Germany, Indonesia, Palestine, Hungary , in the presence of the ambassadors of those countries representatives , along with a number of Iraqi officials, which were set up to raise the flag on the wings of those countries a ceremony at the Baghdad International Fair Republican Peace and played for those countries with the Republican peace of Iraq. Hashim Mohammed Hatem , Director General of the Iraqi opposition trade and services during the ceremony that "the presence of major countries in this exhibition confirms their defiance of terrorism and to continue meetings with Iraqi officials to find common ground cooperation and understanding." He added that "friends Germans and Indonesians have giant projects in the agriculture and industry sectors , and there is a joint cooperation with the Iraqi private sector to participate in joint ventures." German companies For his part , the German ambassador in Baghdad , Cyril Nunn all pleased to attend the Baghdad International Fair and the participation of German companies session 44 exhibition Baghdad and showcase their products and industries, explaining that " the goal of Germany 's participation in the sessions of Baghdad exhibition is to develop relations between the two sides to promote and increase trade and economic exchange level with Iraq. " In turn , the Ambassador of Indonesia in Baghdad said that "his country 's participation in this economic event , stresses the importance of relations between the two countries and to ensure greater cooperation in the fields of economy, trade, agriculture and investment beginner successfully exhibition and its ability to major companies and important countries to attract economically." Among the state - owned companies are also national insurance company participated in the pavilion featured the Baghdad International Fair. The public definition of the media company official Ali Abdul Karim Jassim said in a statement the "morning": that "our participation this year comes to the definition of the public role of the company in the various risks insurance coverage , " noting that "our activities in the exhibition aims to spread awareness of insurance through Folders and brochures summarize the company 's activity and the risks covered by the documents approved by the insurance. " Participates Ministry of Agriculture wing , which is characterized by an annual industry paintings are made of dates reflect the civilization of Iraq, along with departments of the Ministry products of grain and seeds, as well as an indication of the impact of the agricultural initiative to increase fish stocks through fingerlings released into rivers and lakes in order to Tkterha. The wings of distinct countries at the current session of the exhibition is the wing of the Islamic Republic of Iran , which includes various plastic and food products as well as precious stones and silverware and accessories as well as carpets, upholstery and some household items. For cars and trade clear participation in the exhibition where competing companies producing in installment sales to employees and citizens alike way, by facilitating the sale and transfer procedures through their own forms. For his part , said Nawaf Ibrahim , the old marketing director of Middle East batteries Saudi Arabia, one of the Saudi companies that came to Baghdad International Fair to show their productions, "that this is the first for us in Iraq, which we aspire from which to enter the Iraqi market posed by our production excellence." Private agencies added that "our market share in the Kingdom of Saudi Arabia at 40 percent , and we hope through this to increase it by gaining the confidence of the Iraqi public Besnaatna, as well as the readiness of the company to grant special in Iraq and the agencies." In turn , Mohamed Hassan , Executive Director of the Saudi company specialized Mazzola industry food products said that "our presence in Baghdad comes first prize to search for agents to facilitate the entry of our products to Iraq." And his impression of participating in the exhibition confirmed "the existence of positive economic atmosphere of the fact that Iraq is a promising investment opportunity , especially for products that enjoy what quality can meet the aspirations of entering into this market." He testified on Tuesday the establishment of the National Day for both Ukraine and Tunisia and the lifting of the two countries on the scientific pavilions assigned at the Baghdad International Fair, as the fourth day curriculum included a variety of cultural events, as well as review of car and team cycling within the corridors of the gallery of Baghdad. Wider participation sees the relevant affairs of the opposition Ali al - Naimi said , "There are wider participation of the private sector companies in the exhibition cycle this year , " noting in an interview with the "morning" that " the majority of private sector companies seeking to publicize their products taking advantage of the attendance of heavy and growing demand for different products produced by companies and laboratories that the private sector ".
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