Iraq's banking activities Forum in Beirut on September 15

[yota691]

Iraq's banking activities Forum in Beirut on September 15

 

      Thursday   27   August   2015 | 17:05

 

 

 

 

Will be in the forum discussion sessions, which will provide a presentation of the latest developments in the Iraqi economy developments macroscales

 

 

Hosts Beirut on 15 and 16 September next, the activities of Iraq Banking Forum which takes place at the Phoenicia Hotel in Beirut with the participation of banking and large-Iraqi, Lebanese, in addition to the participation of the monetary authority in the two countries, represented by the Governor of the Bank of Lebanon Riad Salameh, the governor of the Central Bank of Iraq Ali Ismail Keywords and participation of regulators and officials concerned in each of the Iraqi Central Bank and the Bank of Lebanon.

And it acquires the forum, organized by the Central Bank of Iraq and a group of Economics and Business in cooperation with the Central Bank of Lebanon, of particular importance to the Lebanese side of both the banking sector and in particular the operating banks in Iraq, or of businessmen and investors who deal frequently with the Iraqi market and in various sectors.

Will be in the forum discussion sessions, which will provide a presentation of the latest developments in the Iraqi economy as well as developments macroscales banking developments and plans of the Iraqi Central Bank to promote financial reality.

There will be a private Lebanese banks operating in the Iraq experience, and trading in the views of these banks and the challenges they face, as well as opportunities in the light of the orientations of the Iraqi government through the adoption banking system session. In addition to bilateral meetings between the closed-Governor of the Central Bank of Iraq and the executive heads of the Lebanese banks operating in Iraq.

 

Electronic banking

The second day was devoted to the Forum Iraq banking three sessions dealing with banking and electronic payment with mobile, particularly after the approval of the Iraqi government banking system and the law of electronic signature, which provides ample opportunities for cooperation of the Iraqi - Lebanese in the field of electronic banking and the opportunities for IT companies which are active in the field of software and solutions .

 

Workshops

Complementing the discussions the second day following the Forum work will move to "Staybridge Hotel" Staybridge in Verdun Street, where is being held over two days (17 and 18 next September) specialized workshops in the field of technology and information security issues of infrastructure for banks, with the participation of Iraqi private banks and the Central Bank Iraqi.

 

It includes workshops addresses: A Journey of digital banking, e-banking operations management, digital security and banking.

 

[mrparrot]

THANKS.

[MyLadiesDaddy]

And explaining the hows and whys to the recent reinstatement of the dinar.       

[SnowGlobe7]

Oh man LGD that would be something huh!!!

[Shedagal]

I'm with you, LGD!!!

[davis411]

LGD for president

[DWitte]

LGD for president

Hey davis, you turncoat.  I was nominated and secretly elected President.  But I can't tell you President of what.  It's against the law of the operation I was elected President of.  If I was to tell you.............................well you know the rest.

[WheresmyRV?]

And explaining the hows and whys to the recent reinstatement of the dinar.       

Im praying!

[sandfly]

THANKS

[yota691]

Beirut hosts "Banking Forum Iraq," the middle of next September

Author: Publisheron:

 

August 28, 2015

In: economyViews: 14 views

Follow-up / Center Brief for the Iraqi Media Network (IMN) hosts Beirut starting from the 15th of next September, the activities of Iraq Banking Forum, which takes place at the Hotel Phoenicia Lebanese capital with the participation of banking Iraqi, Lebanese and wide in three sessions banking and electronic payment as the "mobile" In the area of ​​banking e.

And it will participate in the forum, also the monetary authority in the two countries, represented by the Governor of the Central Bank of Iraq Ali Ismail Keywords and Governor of the Central Bank of Lebanon Riad Salameh and the participation of regulatory agencies and officials involved in all of the Iraqi Central Bank and the Bank of Lebanon.

And it acquires the forum, organized by the Central Bank of Iraq and a group of Economics and Business in cooperation with the Central Bank of Lebanon, particularly important for the two sides Iraq or Lebanon, both from the banking sector and in particular the Lebanese banks operating in Iraq, or of businessmen and investors who deal frequently with the Iraqi market and in various sectors.

The agenda includes a discussion forum banking in intensive working sessions, which will provide a presentation of the latest developments in the Iraqi economy as well as developments macroscales banking developments and plans of the Iraqi Central Bank to promote financial reality.

There will be a private Lebanese banks operating in the Iraq experience, and trading in the views of these banks and the challenges they face, as well as opportunities in the light of the orientations of the Iraqi government through the adoption banking system session. In addition to bilateral meetings between the closed-Governor of the Central Bank of Iraq and the executive heads of the Lebanese banks operating in Iraq.

The second day was devoted to the Forum Iraq banking three sessions dealing with banking and electronic payment with mobile, particularly after the approval of the Iraqi government banking system and the law of electronic signature, which provides ample opportunities for cooperation of the Iraqi - Lebanese in the field of electronic banking and the opportunities for IT companies which are active in the field of software and solutions .

Complementing the discussions the second day following the Forum works where is being held over two days in the (17 and 18 September / September) specialized workshops in the field of technology and information security issues of infrastructure for banks, and the participation of Iraqi private banks and the Central Bank of Iraq.

Workshops include digital banking Journey addresses, e-banking operations management, digital security and banking.

Open: Mohammed Nasser

[MyLadiesDaddy]

LGD for president

LOL I would have to pick Obama as my vice president or I would get assassinated in the first month.

[Freedomwish]

And explaining the hows and whys to the recent reinstatement of the dinar.       

                       

[yota691]

News & Announcements

 

 

• (News journalist) in the presence of Governor of the Central Bank of Iraq and the governor of the Bank of Lebanon in Beirut hosts 15 September /September next banking activities of Iraq Forum 
  01/09/2015

Read more: http://dinarvets.com/forums/index.php?/topic/207661-new-cbi-announcement-09012015/#ixzz3kZjGI1PN

[MyLadiesDaddy]

Wow, it even gets its own personal announcement from the CBI. I don't think I've ever seen that before.

[WheresmyRV?]

Your right LGD, I have never seen that before with the CBI announcing it like this.  This has to be one very big and important conference!

[unirod]

Private Lebanese Banks operating in Iraq would no doubt include Warka Bank as they have a main Lebanese Branch!

[yota691]

Iraq participates in the banking Beirut Forum

 

 

         

9/12/2015 0:00 

 BAGHDAD Mustafa al-Hashimi 

discussed Iraq, as represented by the central bank and the banking sector, in the activities of (Iraq Banking Forum) the latest developments in the national economy developments macroscales developments banking Central and plans for the advancement of the financial reality. 

According to a statement of the Central Bank «morning» received a copy of it is set to start events that will continue for two days in Albannaah capital Beirut on Tuesday in the presence of the Iraqi Central Bank Governor Dr. Ali Keywords counterpart Lebanon's central bank governor Riad Salameh and with the participation of banking and wide between the two countries, along with the participation of regulators and officials involved in the Central Banks of the two countries. 

and acquires this forum, which is organized by the Central Bank The group works in cooperation with the Central Bank of Lebanon especially the Lebanese side, either from banks operating in Iraq or of businessmen and investors who deal frequently with the Iraqi market in various sectors, the importance of men. It is hoped to put forward several topics in the forum highlights the economic reality and banking in Iraq and put the Lebanese banks operating experience within the country, as well as the establishment of workshops with the participation of global Hrkalt. And it operates 19 branches inside Iraq to Arab and foreign banks, mostly Lebanese, along with four other banks under establishment, including Lebanese banks as well.

 

[yota691]

Bitter melon: one billion people lack access to banking services

 

 

         

9/21/2015 0:00 

 BAGHDAD follow-up - the morning 
wrapped up Financial Inclusion Forum its activities which take them over two days how to improve the opportunities for growth and financial and social stability, with the participation of the Iraqi Association of Banks Acialh.oukd adopted by the Group of Twenty "financial inclusion" as one of the main themes in the economic and financial development agenda, as the Bank determines International ambitious target is to mainstream financial services for all by the year 2020 effective for its role in the fight against poverty and unemployment in the world. President of the Iraqi private banks association meek ​​Handal said: Statistics show International in 2014 to that there are still about one billion inhabitants of the world's adult population do not have access to financial services, in spite of the global average increase of the proportion of adults who own bank accounts to 62 compared to 51 the year 2011, In accordance with the global index to mainstream financial services. He added saying: Shares massive and rapid development of information and communication technology in the emergence of many financial services and models of innovative business such as banking via mobile phone banking services without bank branches, as well as improved access for individuals and promote financial inclusion, pointing to shrink many of the restrictions that hinder access to financial services, thanks to these innovative services. 
As noted Executive Director of the Association of Tariq to that tackle poverty in the Arab states addressed the conference, as they pose significant challenges to governments and policy makers, especially at this stage, what requires the adoption more comprehensive approaches. He pointed out that the conference stood at the new developments that have taken place through the integration of efforts towards the concept of financial inclusion, which can be the poorest and most excluded social groups of traditional banking sectors to participate in the economic cycle, through the provision and mobilize the necessary funds based on savings and cash transfers and smaller insurance. Tariq between that despite their importance there is still a significant shortfall in the formulation and launch of an Arab integrated strategies at national levels to activate the role of this sector of support and encouragement for the financing or hand,

[Laid Back]

The CBI is getting ready to go international.

E- government

E- banking

E- payment

Go CBI Go >>>>

[Freedomwish]

The CBI is getting ready to go international.

 

   

[MyLadiesDaddy]

is to mainstream financial services for all by the year 2020 effective for its role in the fight against poverty and unemployment in the world.

Read more: http://dinarvets.com/forums/index.php?/topic/207397-iraqs-banking-activities-forum-in-beirut-on-september-15/#ixzz3mLh8F8rB

 

Now that is the boldest statement that I've ever read coming from a banker.

 

Especially when one considers the economic situation in the world today. 

 

Tell me they don't have a plan. 

[yota691]

Stage requires the re-arrangement of the Iraqi banking house   Author: morning 
Date: 09/22/2015   
 

 

Beirut Yasser incumbent 
«Baldkien» an economist and financial Lebanese I met him during my second visit to Beirut on the fourteenth day of September in the period of the Iraq Banking Forum at the invitation of the Lebanese economy and the business group,

 

 Beirut Yasser incumbent  
«Baldkien» an economist and financial Lebanese I met him during my second visit to Beirut on the fourteenth day of September in the period of the Iraq forum banking invitation of the economy and the Lebanese business community, and I had met him through Sheikh banking Iraqi Abdul Aziz Hassoun in a wonderful evening one in Lebanon Restaurants invited him to honor Hassoun during the first visit in April last year during the period of the Lebanese Iraqi banking conference.

 

During such a session to be easing talk about the profession «banking» of course, especially between the owner's proposal and in his honor was held call, and I was the usual listener and Sagaa well each is talk within the specialist and my interests, was the man reduced his autobiography period since 1959 until the moment of this meeting, which turned in a post to these fragments curious to me to find out more information about this veteran personal and humble that I allow myself the fired by the Economic and Financial thinker thanks to its expertise  
and extensive  


than is Baldkien? 


Mcardaj Agop Baldkien named frank and known journalist and professionally and globally b «Baldkien» extended his career in the banking sector since 1959 where he began working as an administrator funding for one American banks and Beirut branch and as an administrator for a multinational corporate finance, after twelve years moved to «Chemical Bank» As a manager, then was appointed in 1976 Vice President of the International Section of the French bank Lebanese in Beirut and Paris, a post he kept it to 1984, then was Taanah deputy Governor of the Central Bank of Lebanon in 1985 and until  
1990 
worked as well as between 19,921,993 advisor to the program of technical assistance to the Independent States Commonwealth of the Soviet of the EU, and was appointed to work in Kazakhstan, the Russian Federation and Western Siberia, Uzbekistan, Georgia and Armenia, in 1994 was appointed resident representative in the Middle East, British Arab Commercial Bank in Beirut and retained this position until 
mid-2004, 
after he moved to head the financial institutions in the Middle East and North African countries at the Bank of Beirut and in 2009 presided over the institutions Finance in the same countries (MENA) in the Lebanese French bank again. 
biography Academy 


has led his academic career to education in a number of different universities in Beirut, a University Haigazian Beirut, Lebanon, the Holy Spirit University Kaslik, Lebanon, the University of St. Joseph Department banks Beirut - Lebanon and the University of Notre Dame Louise - Beirut has the financial and banking studied at the American University of Beirut in 1977 1985, and has many financial books in Arabic, English and Armenian. 
This is the easy part, which we have compiled for his autobiography how do we determine the accumulated experience in the field of banking and banks, Bay box of Calendar set it is not us but to Nnath economic thinker a benefit to its worth and continuation of the tender. 
But let's here and through this experience that Bmoisadtha dozens evaluate banking relationship between Iraq and Lebanon fact, that the banking sector need these experiences so it was the central bank's choice in the selection of Lebanese banks to hold a forum Beirut banking luck to take advantage of those experiences, but the most important question is how we achieve this goal? 
This sample taken by coincidence but rather reinforced by the historical extension of the Lebanese banking where is said that the first bank in Lebanon founded in 1863. 


Journalist dialogue! 


promises to a start In the evening dinner when asked «Baldkien» conduct an interview with him and promised me the next day, and actually at 12:00 presented to the Movenpick Hotel where staying close to the banking forum Vastahbna I and Sheikh bankers Hassoun to his office for an interview with him, and after the usual hospitality and when you eat Coffee asked him to talk about the global economic affairs, Vpadrth a question about the possibility of the return of gold to the 
interface?  
He said this question is enough to test the journalistic skill, and has to his office and brought a book turned out to be the archive of press interviews throughout the banking and financial services and said you'll find in the book answers adequate for everything that wanders In your mind, I was surprised and I said with self-Is that the man does not want an 
interview?  
When leafing through the book actually found that the expectations of the man on the future of the global economy heralded at all what was going and what is happening now, especially in the economic and financial crises, and the address carried by the interviews and found Dhalte of the meeting and settled for him, I thanked him and Aqlna to the hotel to continue the work of 
the forum. 
But that is going on in the mole is that Lebanon has gone through the same circumstances that Mrabha Iraq and still in some respects but continued to rally, especially in the banking sector, which is a model the fanciest in the region and that the Lebanese currency and Sarsrvha stable at its borders, no matter how tensions political and intensified the problems, as you find that on the contrary, here in Iraq, we find a quick and negative effects on the sector 
banking. 


What is the reason? 


inevitably experiences accumulated here play a role in dealing with what is going through Lebanon from the difficult and harsh conditions and respond departments with those conditions and, most importantly that of driving sector banking and finance people who have the expertise aforementioned Therefore, we find useful inference Lebanese experience and benefit from so find that the partnership option with these experiences have significant implications for the banking reality in the country, so we said at the  
beginning of the modern that such meetings useful and important to improve the performance, then it is useful to stress the need to continue these activities. 
He also called for a central, that the flexibility enjoyed by monetary policy in Lebanon is pushing for development and that stems from the close relationship between the central banks, which reflects the successes also reflect the extent of the commitment and respect for the banks monetary policy resulting from the bridges high confidence between the parties, this Gleam we desperately need it requires a real assessment of the performance of all banks, when it is the account according  
performances. 
The next phase needs a lot of effort to correct the banking sector path and restore confidence between banks and the central one hand and the public on the other hand, and this the task of the government's responsibility to ensure the preservation of the international reputation of Iraqi banks, and it is open to experiences and discreet banks to accommodate the requirements of the most promising market and big money. The story Baldkien Achtzlnaha here only as a reminder of the importance of accumulated experience and a good selection departments of banks and the experience of Lebanon valid to be a model  
role model.

[MyLadiesDaddy]

That's right! Rearrage your banking house Iraq.

[yota691]

Governors of Central Bank of Iraq & Banque A site we don’t discuss here Liban inaugurated the Iraq Banking Forum

September 25, 2015

Governors of Central Bank of Iraq & Banque A site we don’t discuss here Liban inaugurated the Iraq Banking Forum

with the participation of 400 bankers and business leaders
Mr. Salame: Towards organizing the private sector debts and launching an electronic platform to trade stocks
Dr. Al Allag: Towards providing incentives for the private sector and privatizing Al Rafidain and Al Rasheed banks
The Iraq Banking Forum Launched Its Activities In Beirut, With The Presence Of 400 Participants From Arab And Foreign Countries.The Forum Was Attended By Lebanese And Iraqi Bankers, Business Leaders, Heads Of Companies, International Organizations And Banking Experts And Journalists.
The opening ceremony hosted the Governor of Banque A site we don’t discuss here Liban, HE Mr. Riad Salame, Governor of Iraqi Central Bank, HE Dr. Ali Al Allag, President of Association of Banks in Lebanon, Dr. Joseph Tarabay, President of the Iraqi Private Banks League, Mr. Wadee Al Handal and the Chief Executive Officer of Al-Iktissad Wal-Aamal Group, Mr. Raouf Abou Zaki.
Lebanon’s Central Bank Governor and the Governor of the Central Bank of Iraq
Inaugurate business banking Iraq Forum
Post 400 bankers and business leaders
Safety: towards the organization of the private sector debt and the launch of an electronic platform for trading stocks and contracts
Dr.. Keywords: incentives for the private sector and towards the privatization of the Rafidain and Rasheed Forum Iraq opened its banking today in Beirut in the presence of a large number of Lebanese and Iraqi bankers and business leaders, heads of companies, international organizations and banking experts and journalists, attended by about 400 participants from Arab and foreign countries. Speaking at the opening of both the Governor of the Bank of Lebanon Riad Salameh, the governor of the Central Bank of Iraq d. On the Keywords and President of the Lebanese Banks Association d. Joseph Tarabay and head of the Iraqi private banks association meek Handal and CEO of group economics and business Raouf Abu Zaki. Safety and announced in a speech during the forum that the process of issuing circulating to organize the participation of the private sector debt to the Banking Control Commission to deal with the challenges of the stage, stressing the introduction of new incentives to the basket for the year 2016 billion-dollar may rise to $ 1.5 billion. He also pointed to the launch of an electronic platform for trading stocks and contracts approaching. The d. Keywords stated in his address to the proposal for the privatization of the Rafidain and Rasheed, who possessing 80 percent of the total Iraqi banking sector.
And regulates the Forum Group Economics and Business and the Central Bank of Iraq in cooperation with the Central Bank of Lebanon and the Association of Iraqi private banks and the Association of Banks in Lebanon. And continue the work of the forum over two days in Venice Intercontinental Hotel, followed by specialized workshops.
Safety
Lebanon’s Central Bank Governor Riad Salameh at the beginning of his speech focused on the decline in growth on a global level and its impact on funding outside of Europe and the United States. He stressed the importance of a regional grouping of banks relations And the need to use local currencies. He said that the Central Bank of Lebanon to consider the importance of dealing with Iraq, especially the Iraqi Central Bank to coordinate risk and to achieve transparency and the fight against money laundering and exchange of experiences and activating the payment in local currencies between the two systems. ”
He added that the safety of the Lebanese pound stable and are traded less than the intervention of the Bank of Lebanon affordable prices, and focused on the record for the reserves of the Central Bank. He said it would be the Banque A site we don’t discuss here Liban initiatives to encourage confidence in the existence of stable benefits in spite of the expected release of Standard & Poor’s rating for Lebanon from stable to negative. He said that deposits increased by 7 percent on average per year, with net worth rose by 12 percent, and expected that between 2015 and 2018 net worth rate will be 15 percent, he said, adding: “This is necessary to maintain the trust and the natural dealing with global banking.”
He said: “2015 will not be seeing growth like the one achieved in 2014, and growth will be close to zero. That is why we introduced a package of incentives will include a credit of $ billion and up to $ 1.5 billion in 2016 and will be an interest rate at one percent limits. These include lending banks for the sectors of housing , small and medium-sized enterprises and projects of alternative energy, environment, education and other university. He said that the number of debtors increased between 1993 and 2015, from 70 thousand to 700 thousand, and this Altmsrv useful for the banking sector and economic growth. ” He said that the housing sector has a particular importance as a locomotive for growth, it has resulted in a credit packages so far more than 100 thousand poverty housing finance.
He said that the safety of the Bank of Lebanon issued a circular to regulate the debt with the private sector in a responsible manner and with the participation of the Banking Control Commission in order to overcome the challenges of the stage. We look forward positively to Circular 331 issued by the Bank Bnaln to support knowledge-based economy. The Financial Markets Authority will launch an electronic trading platform. We will give one license to the private sector to manage the platform. And will be in this platform Tdaozl stocks, bonds and commodities, including gold, will be the currency speculation and sell successful emerging institutions. Being electronic platform will be in touch with world markets, and our goal access to Lebanese expatriates and others. “He concluded that Lebanon is going through tough times, but the Lebanese have not given up and Tmn saying:” will not give up. ”
Dr.. Keywords
The Iraqi Central Bank Governor d. On the Keywords, he said: “Due to the depth of the relationship between Iraq and Lebanon held banking forum Iraqi – the second of the Lebanese capital Beirut, and comes on the priority of this relationship is to increase and deepen the cooperation between the banking and financial sector in both countries head. Among the objectives of this forum to discuss the economic landscape and banking, and means address the challenges, and provide future opportunities, as well as all of the Bank of Lebanon strategic reconnaissance and the Central Bank of Iraq and monetary policy for each of them, and aimed at achieving economic, financial and banking development through activating and developing the contribution of the banking and financial sector and branches of foreign banks to the development of the two economies. ”
He added: “Iraq and Lebanon completely Mhaian and Kraidan in the Arab region for the transfer and development of industry Almsrvih.kma aware of countries that bear a responsibility to identify strengths and weaknesses in the process of the financial and banking sector, especially Lebanese banks that have opened branches in Iraq and are on the increase. As I was talking with His Excellency the Governor of the Bank of Lebanon that the central banks are no longer the last resort it has become a refuge first and last. We must invest this position to take banks economic role for economic development. We recognize that the private sector is the real starting point for achieving continuous and sustainable development, and this fact requires much effort. The absorption resistance to change especially when some countries are used to a holistic centralized systems as in Iraq. and thus become change this environment and culture on the various procedures to evolve in order to achieve able to attract the private sector work environment, and this is what we believe in and we will invest every opportunity in the Iraqi Central Bank to emphasize the this fact in order to open the door and the frame of the field and the work of the private sector. We want to create an atmosphere of confidence in the banks, and this was expressed by His Excellency the Governor of the Bank of Lebanon Riad Salameh and without strengthen that trust can not be the promotion of the private sector. Therefore we tried to start from this important point and we worked Baattabrna in the Economic Committee of the Cabinet member to promote cooperation with the private sector to improve relations between the institutions and private banks. And broken constraints: State restrictions on private banks and we take this process to its fullest extent. We have other actions that involve certainly to give the role of the private sector. We believe that the financial crisis will help Iraq achieve real growth in the future and this is available in Iraq through the human and other resources. ”
He said: “Perhaps the most important step is the proposal to the Cabinet to convert the most important bankers in Iraq: Rasheed Bank and Rafidain Bank to banks special as companies contribution. The Iraq and by virtue of the size of these two banks intended to attract contributions from foreign banks, and this is very important. Perhaps the crucial element is important is restructuring of the banking sector helps to create a competitive role for the sector. We are working on the privatization properly Encouraged by the Minister of Finance and the Office of Financial Supervision and the support of the World Bank. We will resolve the existing problems stage there to have a chance to do a big step, but the largest in Iraq and in the region step. ”
He added: “The CBI did all the technical requirements integration and interconnection of national PBX with several parties (Bank of TBI, Assyria Bank, Amwal, the Middle East) bank is ready for the actual start of pending termination of the supplementary Alemrahalh for the tests to be local e-payment cards through it and are settled through the RTGS system. The Bank is in the final stages of licensing two companies to pay by mobile phone and these two companies on standby to provide services in the whole of Iraq to get a license, as the Bank is working with banks and specialized companies to launch government collections electronically. On the other hand, and in order to keep up with development in the field of banking communications, the Bank completed the plans in collaboration with the Ministry of Communications to create a network linking the main branches of banks with the central bank and its branches and is working techniques Alkybl photosynthesis to be a substitute for the current wireless network, which opens up new horizons in the field of data transfer confidentiality and very high reliability and high availability. ” .
Handal
The head of the Iraqi private banks association meek Handal: “I am honored to speak in a number of topics that I hope that covered the forum Bnqachath and talks mused of this combination to reach the end of the forum on the recommendations that will serve the interests of the Iraqi economy and improvement of the banking sector’s performance.” He added: “We are going through only n in Iraq in a tough part of such conditions resulting from economic difficulties as a result of falling oil prices is born a deficit in the budget burdened the government and placed them in a circumstance in which any of the previous governments have not placed. As Iraq is going through a political and security conditions are not lightest the people and the government of economic hardship. The conditions that I mentioned and put everyone, including the Iraqi banking sector in the atmosphere and difficult challenges, prompting Iraqi private banks association to improve its performance to the performance of what it and what they can contribute to it in light of this crisis. I have taken the Association upon itself since the beginning This year, help and support of the Iraqi Central Bank to maintain a stable exchange rate. Association also played a prominent role through its participation in the national team of experts headed by her finance team who presented a package of policies adopted by the Government for the development of the financial sector and financial sector performance.
Dr.. Tarabay
Then president of the Lebanese Association of Banks d occur. Joseph Tarabay, he said: “I am pleased the beginning, to repeat welcome our guests Distinguished from brotherly Iraq. You Thlon in our country Welcome to the friends, not only as colleagues profession, cherish Bmnaaqbithm and professionalism. We who Aktweina fire long wars and woes, suffer the most pain to hit and infects your country of terrorism, and caused by the killing and destruction and the displacement and destruction. So at the time of dire need you in which to complete construction of the state and its institutions and continue the reconstruction and the advancement and make up for what you missed by the wars as well. our whole in the heart of a dark tunnel. The cost owed painful at all levels, including economies National. accumulate losses and excel on the capabilities of the census and the combination. No real growth and no development possible, but increasingly sharp worsening of economic and social already existing crises. ”
He said: “Perhaps a harbinger of good and enlarge the size of the ambitions and hopes, qualitative steps that provide them successively authorities concerned in brotherly Iraq in terms of the banking structure to develop a legal and Amlanaa, especially those related to banking system and the law of electronic signature and the redefinition of capital required for banking units expatriate. In addition, orientation for tougher measures in the fight against money laundering and the financing of terrorism, and the establishment of the Deposit Insurance Corporation, and the development of appropriate letters of credit controls, and the establishment of units of the query and the centrality of risk, and instructions for Bachirvh Islamic, and the law of Islamic Sukuk. I’d, identify some of the critical areas that can achieve a common and rewarding benefit and provide time and money on the brotherly Iraqi banks, including:
Lebanese banks have a remarkable experience in the brokerage and management of versions operations in international markets.
Lebanese banks have developed an integrated and vital systems in the context of the overall banking. And diversification of bundles of services and products in the areas of retail banking Retail, custom corporate banking Corporate, Investment Banking and Investment.
Lebanese banks possess advanced international standards and with locations in the scope of electronic banking. And the issuance and management of bank cards of all types. The deployment and operation of the latest ATM.
Lebanon fought early investment banking experience, and sold unto us in determining Alaloyat and caveats.
Banks continue to adopt best practices in the framework of governance, segregation of duties and responsibilities.
Lebanese banks are spread in 33 countries around the world. True that invested by Iraqi banks as outlets to satisfy their customers in these markets requests.
Lebanese banks have significant expertise in the establishment and management of financial investment funds, are employed Akttabadtha in vital sectors of the economy.
Banks have the systems and equipment of the latest in the world of banking technology. He has a human cadres with high competencies and expertise and global.
Lebanon has extended vital experience in the field of combating illicit funds. In addition to the law and the applicable provisions of the Central Bank, banks and internal oversight units and human resources, which holds these responsibilities according to the highest international standards developed.
The banking system financing public and private sectors efficiently and professionally recognized by international financial institutions.
The Lebanese banking sector runs the local assets of more than $ 180 billion currently, which is comparable to about 3.5 times the gross domestic product. He maintains his brilliance and good growth investor acquired from the superior flexibility in the management of emergency to deal with the events, and accumulated from the experiences proven to absorb the consequences of repeated instances of disruption of internal stability and external influences.
Abu Zaki
The Group Chief Executive of Economics and Business Raouf Abu Zaki launched the opening word of the session, he said it: “Mmeltqana today is based on the success of the first conference, which was held last year under the title” the Iraqi banking forum – Lebanese “and integrates with him in his themes and in the number and level of participation and of about 150 head and General Manager of Iraqi banks in addition to about 250 bank Lebanese, Arab and representatives of the companies global technology. The holding of this forum in Beirut is the embodiment of the Lebanese banking expansion in Iraq, but the level of cooperation between the Central Bank of Iraq and his Lebanese counterpart on a number of fields, particularly in the field of training and coordination among regulators. This also reflects the high level of the Bank of Lebanon, which has become a school in the area of monetary policy and economic stimulus. The banking relations between Lebanon and Iraq Vkadimh Covenant, a renewed presence of Iraqi banks are currently in Lebanon and the presence of nine Lebanese banks operating in Iraq in addition to the tenth Bank completed steps in, so that it becomes In Iraq, some 24 branches of banks Lebanese are divided between Baghdad and Erbil and Basra and Sulaymaniyah. The economics and business group organized a conference on the Iraqi Stock Exchange last year in Dubai. Thus, the Group is now live the Iraqi situation in detail and keep pace with the Iraqi banking sector, both public and private. Therefore, when we raised the Central Bank of Iraq the idea of holding this conference, we start from an in-depth study of the market and the needs of the Iraqi banks in terms of infrastructure, software and training in addition to what is usually targeted conferences of communication and exchange of ideas and experiences. ”

[yota691]

Forum Iraq banking attracts foreign expertise

 

 

         

1/10/2015 0:00 

 Beirut Yasser incumbent 

finance experts at the Arab, regional and international banks Collect participation in Iraq Banking Forum, which recently hosted Beirut on the success of the forum in the presentation of the most promising investment opportunities in Iraq and attract foreign expertise to contribute to raising the efficiency of the performance of the banking sector in it. 

They stressed in conversations to delegate «morning« the importance of such forums for the exchange of information and ways to activate the Iraqi banking sector through Maardth research and studies that were read in the forum as well as cutting-edge exhibits in the field of global information and Lebanese presented at the exhibition held on the sidelines of the forum and software technology. 

The forum which has been sponsored by the Governor of the Bank came out Lebanon Riad Salameh, the governor of the Central Bank of Iraq Dr. Ali Keywords and organized a wonderful-led economy group and business recommendations of the task represented by the prospects for future cooperation between the two countries map where he found the brothers Arabs from major investors, bankers, businessmen and foreign companies in the Iraqi market promising a fertile area for large investments dating General beneficial to all parties. 

has given recommendations by foreign investments great attention to the fact that the forum was looking at investment opportunities available in both countries, especially in the aspect of infrastructure, along with the first goal on the development of the performance of the banking sector, as the recommendations focused on compliance with the rules of governance and the application of laundering laws laundering and the financing of terrorism and close cooperation in this field. 

He urged the forum IT companies International Lebanese and software to enter the Iraqi market to portray the performance of banks in this area, and in this regard was the sessions the forum has witnessed a number of lectures in this regard. 

The sessions dealt with legal and procedural environment and readiness The central bank, the role of technology and information systems to the development of the banking business, technical infrastructure requirements of Iraqi banks, foreign banks and hoped the role of them in the transfer of expertise. He spoke the Deputy Director General of the Directorate General of banking and credit control in the Iraqi Central Bank Alaa Abdul Ghani Sabbagh, Chief Technology Officer at Bank BLOM Antoine Aondos, director of the Department of payments at the Central Bank of Iraq sacrificed Abdul Karim, the director of the infrastructure project to pay retail at the Central Bank of Iraq Adnan Abd al-Asaad, director of infrastructure and financial services for the Middle East in «Huawei» Solutions Engineering Mohammed Damasi. Kmatnaol forum «the prospects for electronic banking and payment with mobile», as well as the opportunities that may result from the adoption of governmental institutions for electronic payment systems, the role of technology and mobile services companies to provide innovative payment services, the development of digital payments in emerging markets, smart credit cards: operating systems and applications available, banking Electronic role in the development of the banking sector.The president of emerging products and innovation to the Middle East and North Africa Chief Technology Officer occur in the company «Visa» Nathan Kouchna, in the global smart card (Ki-Card) Hassan Al-Khatib, the director of payments in «Hyper Bay» Aladdin Majid. 

Was held a workshop attended where 60 trainees working in information technology in the Iraqi private banks which have received significant training in the field of digital transformation, risk and security and the promotion of digital security remind many topics in a later report.