Central bank of Iraq and donors' conference April 16-17 in Jordan

Central bank of Iraq and donors' conference April 16-17 in Jordan

1/3/2016 0:00 

BAGHDAD - morning 
Governor of the Central Bank of Iraq on the Keywords: said that the role of the banking sector to support efforts to ensure the success of the donors' conference for the reconstruction of areas affected by the terrorist Alamyat to be held in Jordan in April next active and concrete, criticizing defamation operations against the banking sector. A statement from the central to the Keywords said during a meeting of the Central Bank of Iraq headquarters in Baghdad, attended by Director General of the Directorate of Operations and Administration Din Mahmoud Dagher and head of the Iraqi private banks association Wadih Handal officials and other prominent Iraqi private banks, we hope that the participation of this sector and wide in this work National to be an important point in his record holds all meanings benevolent. 

Positive initiatives 

He predicted the banking sector, positive initiatives in this area, explaining keep up with preparations for the conference, both at the local level through the committee charged with this task is chaired by the President of the Reconstruction Fund, Dr. Abdul Basit Turki or through international organizations, noting that the conference is an opportunity that will contribute to the creating a state of stability in our country, pointing out that we are in need in this particular circumstance, Mkhmna that are participating in the conference to be held the Dead Sea area on 16 and April 17 and wide 

Currency auction 

On the other hand Keywords between the central bank and a clear position regarding the auction of the currency, pointing out that he had held meetings with the Financial and Economic Committee in the House of Representatives and with other official bodies to clarify this issue. 
Turning the central bank governor to the reasons for defamation and accusations faced by the banking sector in general campaign, especially regarding window sell the currency, explaining that at the forefront of these reasons, the absence of public banking culture on the work of banks and the nature of the functions of the central bank in terms of selling the dollar in particular. 

Invitation to the media 

He called on the governor of the central bank to take the media role in educating people the functions of the banking sector in general, adding that the response to the attack is easy, if it was issued by specialists, because they understand easily and the reality of the situation while make things difficult when it comes by others Aimitlkon banking culture. 
Portfolios of private banks generally urged not to give a chance to attack it by closing loopholes and full compliance with the instructions of the Central Bank and to focus on the process of selling the dollar not be a target for 
Speculation. 
He called Association of private banks that have this subject in the forefront of their concerns in these circumstances 
Particular. 

National Action 

So called head of the Iraqi private banks association Wadih Handal to increase support for the central bank to the banking sector to be able to contribute to any national action, also stressed the support of private banks to the efforts of the Central Bank in the framework of cooperation and promote mutual confidence between the two sides. 
Handal noted private banks Association initiative to establish a legal committee to be a voice for the banks before the judicial authorities and to pay the accusations directed to it by legal means. 
He stressed the importance of the humanitarian role played by the private banks toward our people displaced explaining that liberalization Salahuddin and Anbar of terrorism would contribute to reassure the capital that our country is on the road to recovery, especially after the start of preparations for the Liberation of Nineveh province. 

Active contribution 

He called Handal boards of directors of banks and more effective humanitarian contributions, and assign Alorteurakdh donors conference in Jordan next April. 
He explained the importance of the success of the conference going efforts to encourage two-way first human side and the second search States and international organizations to provide support as you can from Iraq for the reconstruction of cities ravaged 
Terrorism.

  [You must be registered and logged in to see this link.]