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Masoum calls for the unification of the Iraqi banking system to promote economic reality
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BAGHDAD / - President Fuad Masum called on Thursday for the unification of the Iraqi banking system in all parts of the country in order to promote economic reality.
"President Fuad Masum received at the Peace Palace in Baghdad on Thursday, the governor of the Central Bank Ali al-Aalak," said a statement by the president of the republic.
"The meeting discussed the current monetary and financial situation and the need to modernize banking mechanisms and specialties in Iraq, taking advantage of the latest international technical data," the statement said.
He stressed the infallibility of the central role of the Central Bank of Iraq in supporting partnership with foreign banks approved and facilitate transactions with local and foreign monetary institutions and strengthen its work within the country in accordance with the law and serve to accelerate the construction of a comprehensive and strong economic system.
He stressed "the importance of strengthening and expanding the activity and work of the Central Bank branch in the Kurdistan region to ensure the consolidation of financial relations with the official financial institutions in the region and facilitate the procedures and transactions of companies and citizens in the region," calling for "the unification of the Iraqi banking system throughout the country to promote economic reality "He said.
For his part, stressed the importance of the Central Bank to develop its work at the national and external levels, "noting the" special interest in strengthening the work of the bank in the Kurdistan region and seek to resolve all the problems and obstacles facing companies operating in the region. "
[You must be registered and logged in to see this link.]
BAGHDAD / - President Fuad Masum called on Thursday for the unification of the Iraqi banking system in all parts of the country in order to promote economic reality.
"President Fuad Masum received at the Peace Palace in Baghdad on Thursday, the governor of the Central Bank Ali al-Aalak," said a statement by the president of the republic.
"The meeting discussed the current monetary and financial situation and the need to modernize banking mechanisms and specialties in Iraq, taking advantage of the latest international technical data," the statement said.
He stressed the infallibility of the central role of the Central Bank of Iraq in supporting partnership with foreign banks approved and facilitate transactions with local and foreign monetary institutions and strengthen its work within the country in accordance with the law and serve to accelerate the construction of a comprehensive and strong economic system.
He stressed "the importance of strengthening and expanding the activity and work of the Central Bank branch in the Kurdistan region to ensure the consolidation of financial relations with the official financial institutions in the region and facilitate the procedures and transactions of companies and citizens in the region," calling for "the unification of the Iraqi banking system throughout the country to promote economic reality "He said.
For his part, stressed the importance of the Central Bank to develop its work at the national and external levels, "noting the" special interest in strengthening the work of the bank in the Kurdistan region and seek to resolve all the problems and obstacles facing companies operating in the region. "
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