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CBI News 01/04/2018


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The Central Bank launches the Tamkeen initiative to finance environmental and cultural projects and youth talents

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BAGHDAD (Reuters) - 
The Central Bank of Iraq (CBE) announced Thursday the launch of the Tamkeen initiative to finance various humanitarian, environmental, cultural and youth projects and projects. 
"The Central Bank has launched the Tamkeen initiative to finance various activities, humanitarian, environmental, cultural and youth projects aimed at supporting community and humanitarian projects aimed at supporting and financing various humanitarian, environmental and cultural activities and projects," said Director of the Central Bank's Information Office, Acer Jabbar. And youth talent to cover the largest number of projects and community activities and stimulate volunteerism.
Jabbar added that "it was agreed to identify monthly contributions by banks and exchange companies and the formation of a joint board to manage the fund consists of the Central Bank and the shareholders of the Fund," pointing out that "while the Central Bank of Iraq appreciates the effort of the founders and shareholders, Businessmen and the wealthy to provide the Fund with their contribution to support these initiatives and activities at a time when our country needs to join forces for the advancement and reconstruction. " 
"The Board of Directors of this fund will provide the requirements for transparency in directing these contributions and a high degree of management and management."
 https://www.alghadpress.com/news/اهم-اخبار-الاقتصاد-في-العراق-والعالم/136418/البنك-المركزي-يطلق-مبادرة-تمكين-لتمويل-المشاريع-ال
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Central Bank called "Enabling" initiative to fund projects

CBK launches Tamkeen initiative to finance projects

Twilight News   

 

 one hour ago

 

 

 

The Central Bank of Iraq announced the launch of Tamkeen initiative to finance various activities.

"In order to support community and humanitarian projects, the Central Bank announces the launch of the Tamkeen initiative, which aims to support and fund various activities, humanitarian, environmental and cultural projects and youth talents to cover the largest number of projects and community activities and stimulate volunteerism," said Issar Jabbar, Director of the Information Office of the Central Bank of Iraq.

"It was agreed to identify monthly contributions by banks and exchange companies and to form a joint board for the management of the fund consisting of the Central Bank and the shareholders of the Fund. He pointed out that while the Central Bank of Iraq appreciates the efforts of the founders and shareholders, he invites businessmen and the affluent to lend their contribution In order to support those initiatives and activities at a time when our country needs to join forces for the advancement and reconstruction.

The Director of the Information Office stressed that the Board of Directors of this fund will provide the requirements of transparency in directing these contributions and a high degree of management and organization, and can contribute or query contact csr@cbi.iq

 

 

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BAGHDAD (Reuters) - 
The Central Bank of Iraq (CBE) announced Thursday the launch of the Tamkeen initiative to finance various humanitarian, environmental, cultural and youth projects and projects. 
"The Central Bank has launched the Tamkeen initiative to finance various activities, humanitarian, environmental, cultural and youth projects aimed at supporting community and humanitarian projects aimed at supporting and financing various humanitarian, environmental and cultural activities and projects," said Aseer Jabbar, Director of the Central Bank's Information Office. And youth talent to cover the largest number of projects and community activities and stimulate volunteerism.
Jabbar added that "it was agreed to identify monthly contributions by banks and exchange companies and the formation of a joint board to manage the fund consists of the Central Bank and the shareholders of the Fund," pointing out that "while the Central Bank of Iraq appreciates the effort of the founders and shareholders, Businessmen and the wealthy to provide the Fund with their contribution to support these initiatives and activities at a time when our country needs to join efforts for the advancement and reconstruction. " 
"The Board of Directors of this fund will provide the requirements for transparency in directing these contributions and a high degree of management and management."

 
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CBK Launches "Tamkeen" Initiative

   
 

 
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06/1/2018 12:00 am 

Baghdad / Al-Sabah

The Central Bank of Iraq announced the launch of the Tamkeen initiative to finance various activities, humanitarian, environmental and cultural projects and youth talents.

The Director of the Information Office of the Central Bank of Iraq, Acer Jabbar said in a statement that "in order to support community and humanitarian projects, the Central Bank announces the launch of the" Tamkeen "initiative, which aims to support and finance various activities and projects of humanitarian, environmental and cultural and youth talents to cover the largest number of projects and community activities and stimulate volunteerism "He said. 
"It was agreed to identify monthly contributions by banks and exchange companies and the formation of a joint board of management of the Fund consists of the Central Bank and the shareholders of the Fund," adding that "while appreciating the Central Bank of Iraq effort of the founders and shareholders, he invites businessmen and the facilitators To support the Fund by their contribution to support those initiatives and activities at a time when our country needs to unite efforts for the advancement and reconstruction. "
The Director of the Information Office stressed that the Board of Directors of this fund will provide the requirements of transparency in directing these contributions and a high degree of management and management, and can contribute or query contact csr@cbi.iq.

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Banks and community initiatives

   
 

 
 


10/1/2018 12:00 am 

Dr.. Bassem Ibrahimi

At the beginning of the new year, the Central Bank announced a new initiative for Tamkeen to support community and humanitarian projects, environmental and cultural activities and support youth talents to stimulate volunteerism. Iraq and the initiative of Baghdad, which began on December 1

 the past. 
A fund has been set up for the new initiative (Tamkeen), which currently includes about one billion Iraqi dinars, which the banks have collected. It will also continue to raise monthly donations of about half a billion dinars to sustain this initiative which is hoped to expand into a national initiative. Businessmen, companies and 
 community institutions 
This initiative comes within the framework of the recent trends drawn by the Central Bank of Iraq to bridge the relationship between the banking system on the one hand and the citizen on the other because of this important role in the definition of banks and the work carried out by the professional and community, especially in the face of the attack by some against the device And for purposes that do not advance to the protection of economic interest at the very least. 
These initiatives will create a kind of leadership for banking institutions in general and for the central bank in particular in spreading the culture of volunteering and community work, as do most of the commercial and banking institutions in the developed world, where institutions that contribute to community businesses are exempted from a certain percentage of taxes. The 
 Government. 
The initiative will produce indirect economic effects in addition to its direct social effects. These effects are gathering under the so-called welfare economy that many governments are trying to achieve. However, the role of NGOs is also important and this is what we hope will be strengthened rather than attacked. This initiative even began to be attacked by some without reasonable justification, and here we must recall the similarity that says (if not a rose is not a thorn) so I hope to support this initiative to succeed because many people need the simplest financial support
 And moral.

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