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The Central Bank launches new community contributions with the participation of the private banking sector
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The Central Bank of Iraq announced, on Wednesday, that it had held a meeting with the private banking sector in the presence of the Mayor of Baghdad, Alaa Maan.
In a statement received by Al-Iqtisad News, the Central Bank said that his governor, Mustafa Ghaleb, confirmed, "during his speech at the meeting, that the private banking sector has an honorable role in supporting societal initiatives, especially in the current economic situation in the country and the world."
He added, "The Central Bank has taken upon itself, in community initiatives, matters of interest to support culture, empower women, provide job opportunities for young people, and rebuild monuments, buildings and heritage monuments of interest to the community in a way that revives the heritage of our country. Private banks have responded greatly to these pioneering trends."
According to the statement, Ghalib said, "The bank is seeking, in its new initiative, to rebuild Al-Mutanabi Street, the cultural center in Baghdad, and it is expected that these participations made by private banks today will contribute to the development of the most important features of the capital, Baghdad, in addition to other community activities."
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