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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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    Memorandum of Understanding to develop Iraqi-Egyptian financial relations

    Rocky
    Rocky
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    Memorandum of Understanding to develop Iraqi-Egyptian financial relations Empty Memorandum of Understanding to develop Iraqi-Egyptian financial relations

    Post by Rocky Sat Feb 05, 2022 11:28 am

    Memorandum of Understanding to develop Iraqi-Egyptian financial relations

    Saturday 05 February 2022 122





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     Baghdad: morning 
     
    The Association of Iraqi Private Banks and the Federation of Egyptian Banks signed in Cairo a memorandum of understanding to develop banking relations with the blessing of the Central Bank of Iraq and the Central Bank.
     Egyptian. A press release from the Iraqi Private Banks Association said, “The association and the Federation of Egyptian Banks signed a memorandum of understanding in the presence of the Governor of the Central Bank of Iraq, Mustafa Ghaleb, and the Governor of the Central Bank of Egypt, Tariq Amer, in order to establish an effective partnership between the banking sector in the two countries at various levels. 
    banking.” According to the statement, the head of the Association of Iraqi Private Banks, Wadih Al-Handal, signed the memorandum, in addition to the head of the Federation of Egyptian Banks, Muhammad Mahmoud Al-Etrebi.
    The head of the Association of Private Banks said, "We are pleased with the close cooperation with the Federation of Egyptian Banks, which includes in its membership all banks operating in Egypt, which contributes to strengthening relations and partnership with Egyptian banks," explaining that "the Iraqi banking sector is making great strides towards leadership, thanks to the bank's policy The central bank, which now requires openness to all banks in Arab and foreign countries.  
    Wadih Al-Handal noted that the memorandum of understanding will also focus on establishing joint training programs, which include qualifying banking cadres in the two countries, as well as establishing partnerships between Iraqi and Egyptian banks. On the other hand, the head of the Federation of Egyptian Banks, Mohamed El-Etreby, expressed his happiness at signing the memorandum of understanding with the Association of Iraqi Private Banks. 
    Al-Etrebi said that the memorandum aims to achieve fruitful cooperation between the two parties in the field of exchanging experiences and knowledge and strengthening banking cooperation in all areas related to digital transformation, governance and banking legislation.
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