Home
[You must be registered and logged in to see this link.]
Author: AB, MJEditor: AB
01/24/2016 18:03
[You must be registered and logged in to see this link.]
Long-Presse / Baghdad
The Iraqi Association of Banks, on Sunday, signing a cooperation agreement with the Union of Arab Banks for the development of human resources, and called for the legislative and executive authorities to capitalize on this collaboration for the development of the banking sector, and with Union revealed the existence of preparations for the convening of an economic forum in Iraq to attract investors, expressed its readiness to provide assistance to establish the Association of Iraqi banks.
This came during a press conference held by the Association of Iraqi banks with the Union of Arab Banks on the sidelines of the signing of a joint cooperation agreement, the Babylon Hotel in central Baghdad, and attended (range Press).
The head of the Association of Iraqi banks and depositary Handal in a speech during the conference, said that "Iraq has signed today a cooperation agreement with the Union of Arab Banks, is the first of its kind after 2003," returned the Convention "a great success for the Commonwealth of being open the doors of cooperation with the European Union and the Treasury American ".
Handal said that "the agreement is for the development of human cadres working in Iraqi banks through training and education and develop their ability through the use of modern technology," calling on the legislative and executive branches to "capitalize on this agreement."
For his part, Secretary General of the Union of Arab Banks and Sam Fattouh said during the conference, "the Iraqi authorities are serious restructuring and the development and rehabilitation of the banking sector to put it within the international banks."
He said Fattouh, that "the agreement signed today, provides short on the commitment of Arab Banks Union set up a training important program for the sector of the Iraqi banking, bring Arab and foreign expertise to Baghdad and prepare capacity building in subjects related to international accounting standards and to combat money and CFT program."
He Fattouh, that "this agreement will not belong only private banks, but will include government banks, have start from the Rafidain and Rasheed Bank and the Commercial Bank of Iraq," stressing "the seriousness of the Union to provide any advice or assistance in agreement with the Association and with the blessing of the Central Bank of Iraq."
The Secretary-General of the Union of Arab Banks, that "Iraq needs to develop the banking sector and infrastructure and the system of information and training for capacity building," revealing "an intention to hold an investment conference in Iraq under the title of (Iraq Economic Forum)."
And between Fattouh, that "preparations are underway to hold the conference," returned him "a good opportunity to bring Arab and foreign investors to Iraq, opening the door for investment in Iraq's banking sector."
He explained Fattouh, that "these investors will be briefed on the investment laws in Iraq and investment opportunities, and will play an Association of Iraqi banks and the Union of Arab Banks, a major role in this forum," stressing the need to "expand the Association of Iraqi banks to include all Iraqi and foreign banks under the name of Association of Iraqi banks." .
He Fattouh, the EU was ready "to provide assistance to establish the Association of Iraqi banks and the development of the foundation of his regime," pointing out that "this should be done in Iraq."
The experts and officials, bankers and Financial enemy in the (January 2016 9) that the government go to support the private sector and face the repercussions of the financial crisis "will not result in" desired results "unless" provide legislative and legal environment that supports the banking sector, and accused the government and private banks are currently not contribute the role of a "real" to support the productive sectors, as called for the central bank to limit the granting of new banking licenses, the bloc demanded banks to provide venture capital accumulated position to finance an important strategic projects.
The head of the Council of Ministers, Haider al-Abadi called in (the 12th of December 2015 the past), the banking sector to make a "leap quantity and quality" in its activities, and stressed the government's determination to activate the role of private banks, while warned of "obstacles" to delay the work of banks put own, he pledged to "hold negligent."
The banking system in Iraq is made up of 43 banks, as well as the central bank, and are distributed according to government ownership between seven and 30, including an Islamic civil seven, as well as six foreign banks and is distributed as follows: 600 branches throughout Iraq.
[You must be registered and logged in to see this link.][/size]
[You must be registered and logged in to see this link.]
» The conclusion of the Ninth International Scientific Conference of the College of Veterinary Medicin
» Minister of Interior from Amman: The government has launched a major campaign to improve the service
» Al-Bujari: The Grand Faw Port Project is an opportunity to do justice to graduates of maritime speci
» Al-Sudani announces a package of new banking directives to enhance financial inclusion in the govern
» Iraqi oil returns to gains as Iran-Israel tensions escalate
» Next week... Parliament is close to resolving the controversial laws
» Zidane discusses with Mandalawi and Maliki cooperation between the judicial and legislative authorit
» Al-Atwani to Al-Maliki: We have embarked on a new philosophy for managing the financial sector based
» Al-Sudani issues a set of recommendations to reform the financial and banking system in Iraq
» Iraq's Maritime Future.. Everything You Need to Know About Faw Port and Completion Rates (Video)
» Trump poses a threat to Iraq's budget
» A detailed explanation of the implications of Trump’s victory on Iraqi oil policy
» Minister of Interior inaugurates the unified card system at the Iraqi Consulate in Jordan
» Iraqi Parliament extends its legislative term until the ninth of next month
» Parliamentary Services: We will hold accountable those responsible for the failure in the sewage dep
» Urgent demands to withdraw US forces and warning against Washington's procrastination
» Why did Qatar enter the Total project: A report criticizes China’s “colonial entry” into Iraq
» Parliamentary movement to pass 5 “important” laws
» Iraqi congratulations and divided positions.. What after Trump's victory?
» Parliament Presidency decides to extend legislative session for 30 days
» Government Media Announces Completion of 670 Model Schools in All Governorates
» More than 10 billion dinars.. Sulaymaniyah and Halabja imports in a week
» Parliamentarian reveals reasons behind the phenomenon of "loose weapons" and details of the state ad
» "Everything Above Ground"... What does the population census include?
» Increasing complaints and slow processing of transactions.. Demands for the necessity of replacing t
» Can Iraq prosecute Trump using old arrest warrant?
» Calls to revive 35,000 idle factories
» utube 11/5/24 MM&C MM&C News Report-ICC-Investors-RIYADA BANK-Port of Faw-3 Presidents Seated-Removi
» utube 11/2/24 MM&C Report-Iraq 3 Presidents-National-Constitutional Entitlements-Open Market Operati
» With the document.. Cancellation of the suspension of the agricultural plan in the Iraqi "breadbaske
» Economist criticizes government's neglect of tourism, agriculture and dependence on oil
» Al-Sudani: The development path will be an artery linking most countries in the region
» Parliamentary bloc: Popular Mobilization Forces retirement law ready for voting
» Al-Kadhimi: Financial costs and government insistence will force Americans to withdraw militarily
» Parliamentary Committee Rejects Inclusion of Public Money Thieves in Amnesty Decision
» Al-Mashhadani directs to resolve differences over draft laws before submitting them to Parliament
» Emaar: Launching the housing loan application form in early 2025
» Parliamentary Health: The environment needs 2.6 billion dinars to operate air purification stations
» Al-Sudani: We faced major challenges in implementing the “Greater Iraq” project
» Iraqi Ports reveals in numbers the percentage of completion in the Grand Faw Port projects
» More than $300 million.. Central Bank sales increase in today's auction
» Faw Port prepares to receive the first commercial ship
» Service Effort of {Sabah}: Completing all projects with high implementation rates before the end of
» Government agency for digital transformation
» Parliamentary Committee: Final version of the National Day Law
» Al-Imar to {Sabah}: Launching the housing loan application form at the beginning of 2025
» Iraq looks forward to a new phase after Trump's victory
» Training workshops to help the unemployed in Kirkuk
» Nineveh to open oncology hospital in early 2025
» Service Effort: Completion of all projects that exceeded 80% completion rates.
» Parliamentary Health: The environment needs 2.6 billion dinars to operate air purification stations
» Transportation: 20 public transport lines to be launched this month
» Al-Emaar to {Al-Sabah}: Launching the housing loan application form in early 2025
» The most prominent achievements of Al-Sudani's government in the youth care and sports sector files
» Planning: The percentage of women in the workforce does not exceed 13 percent
» Baghdad is the capital of Arab tourism
» Al-Sudani: The Grand Faw Port is Iraq's largest project
» Parliamentary Foreign Affairs Committee to NINA: This is what is delaying the selection of the list
» Parliamentary lawsuit to challenge the contract with the International Finance Corporation
» Minister of Justice issues directive regarding foreign lawsuits file
» How will Trump's victory affect Iraq?
» State Administration Coalition holds meeting with Al-Sudani and Al-Mashhadani in attendance
» Formation of the regional government.. How much influence does the new US administration have on the
» Al-Sudani announces the receipt of the five berths that represent the backbone of Al-Faw Port
» Despite its global rise... Iraqi oil returns to the red zone
» Iraq Counts on the Grand Faw Port, and an Expert Says: It Will Change the Economy - Urgent
» Rafidain Bank expands comprehensive banking system to include 48 branches
» "The reference" indicates the seriousness of the situation... and the political forces "shuffle the
» Criminal wanted by Iraqi judiciary.. Rashid and Al-Sudani’s congratulations to Trump spark widesprea
» State Administration Coalition holds meeting with Al-Sudani and Al-Mashhadani in attendance
» Parliamentary Security and Defense: There are “fake” security companies run by “suspicious” figures
» Fares Issa meets the Czech Ambassador to Iraq
» Al-Sudani issues several directives to lift the ban on Iraqi Airways
» Makkia: Iraq is heading towards a major investment marathon
» Al-Fatlawi: The population census enumeration and numbering process exceeded 98% throughout Iraq
» Ministerial Council: Talk of using Iraqi territory as a launching pad for false pretext attacks
» Türkiye: Our relationship with Iraq is witnessing positive development and we are keen to strengthen
» Basra Gas Company announces the return of production and export operations to normal
» Former Minister Reveals “Exciting” Details Concerning Leaks... What’s the Story of the Electronic Fl
» Al-Sudani receives the five berths of Al-Faw Port from the Korean company
» Implementation of judicial memoranda of understanding on the table of the meeting between Faeq Zidan
» List of dollar prices in Iraqi markets today, Thursday
» It will include smaller areas and eliminate the sponsor.. Insistence on legislating the “Housing Fun
» Prime Minister: We are facing a new Iraq and the path of development will be an artery linking most
» Completion rates have increased fivefold in two years.. “Amazing” information and scenes from Al-Faw
» Central Bank: Importance of cooperation and money transfer to facilitate trade with Azerbaijan
» Iraqi Businesswomen Council: A safe environment to support women’s entrepreneurship and develop skil
» Economist: The value of the dinar will decrease and the financial deficit will increase
» American website: Iraq's budget suffers from a deficit of $49.3 billion
» Good news for journalists and writers.. The "financial grant" will be launched on this date
» Iraq is the third Arab country in gold reserves
» Wanted by Iraqi judiciary.. An "Iraqi-American" diplomatic crisis with Trump's victory in the US pre
» Central Bank of Iraq sells more than $280 million in auction today
» Trump's victory... will it be a lifeline from the "judicial guillotine"?
» After winning the presidential race, Trump talks about a “strong mandate”
» Al-Sudani chairs meeting with IATA delegation
» Central Bank Governor stresses need for cooperation to facilitate trade with Azerbaijan
» utube 11/6/24 Donald Trump's full victory speech