Association of private banks held the third annual conference with the participation of Arab and wide

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The press conference of the Association of Iraqi private banks

Association of private banks held the third annual conference with the participation of Arab and wide

 

Author: AR, ASJ, HH 
Editor: AR, HH 2015/12/06 12:43 Number of Views: 113 

 

Long-Presse / Baghdad

Association of private banks announced on Sunday, for the Third Annual Banking Conference in the 12th of the current month of December first, in the capital Baghdad with the participation of Arab and wide, with the economy the parliamentary committee confirmed that the conference will chart a roadmap for private banks.

The executive director of the Association Tariq during a press conference held in Baghdad and attended (range Press), he was "out of support the banking sector and the economy of the country and faces of security and economic challenges, keen Association to organize the third annual banking conference in the capital, Baghdad, on 12 and 13 of the this December. "

Tariq said that "the Conference characteristic for this year is the presence of Arabic to the heads and representatives of a number of Arab central banks as well as Arab banks as well as government and private Iraqi banks," pointing out that "the conference will be under the auspices of the Prime Minister Haider al-Abadi and Governor of the Central Bank and with the active participation by academics and experts in the banking and economic sector. "

For his part, Chairman of the Committee of Economy and Investment parliamentary Jawad al-Bolani said during the conference that "it is hoped that this conference will draw a roadmap for private banks in order to support the country's economy," stressing that "private banks, is today a real build Iraq and support of a partner."

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 waged, including seven Islamist, as well as six foreign banks and is distributed as follows: 600 branches throughout Iraq.

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Association of Banks: The third conference will draw a map of the work of private banks for the next year

History of edits:: 2015/12/6 14:49 • 7 visits readable

[baghdad - where] 
assured the Executive Director of the Association of Iraqi private banks Ali Tariq that the third conference to be held by the Association in the 12 and 13 of this month in Baghdad, will chart the work of private banks map in Iraq in the coming year, adding that the conference will witness the presence Arab significant for various public and private banking institutions.

Tariq said during a press Preparatory Conference for the third conference to be held by the Iraqi Association of private banks in the 12 and 13 of this month in Baghdad attended by the correspondent of the agency all of Iraq [where], it is important to have the country's special and strong banking sector, "explaining that" the next conference which will be held in the 12 and 13 of December of this will witness the presence Arab great to various public and private banking institutions. 
"He added that" the conference which will be held under the slogan [the banking sector gate of financial inclusion and pillar of the reform and sustainable development, will discuss many topics, including the Iraqi banking sector relationship outside Ocean and the role of the banking sector is also in a stage through which Iraq. 
"He continued Tariq" The conference will draw a map of 2016 of Iraqi private banks, "noting that" the previous conference has made ​​a lot of recommendations and proposals with the support of the Iraqi Council of Representatives / the Commission on the economy, investment and the support of the Central Bank of Iraq. " . 
He stressed the importance that "the banking sector to achieve growth and development and beyond the difficulties, which is actually capable of that, and that takes a role larger, as well as the state institutions must be integrated with the private sector and that a genuine partnership between government and the private sector realized." 
For his part, Chairman of the Committee of Economy and Investment parliamentary Jawad al-Bolani said during the conference that "the central bank's initiative to give the task of small and medium-sized loans to stimulate the private sector, so it can not be for us to see a successful industry without powered by the state private sector," noting that "the next conference held by the private bank association Iraq under the banner of [the banking sector gate of financial inclusion and pillar of the reform and sustainable development] will be important for Iraq toward a market economy. 
"He added that" the process of work accompanied by a lot of challenges and problems and some have taken the opportunity to realize their gains, but these voices fade to work hard and fair, "adding "The government in all sectors tend to build institutional sober all-round inclusive of the banking sector, in order to keep abreast of developments in the world." 
attended the conference, which was held at the Babylon Hotel in central Baghdad a lot of media have been many questions raised regarding the work of the Special Conference to be held by the banking sector Iraqi private banks association in the 12 and 13 of this month under the banner of [the banking sector and financial inclusion gate pillar reform and sustainable development in Arashid.anthy Hotel

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Well, kids... they're divvying up and dolin' out the pie.... tick, tick, tick....  

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Charith through the course of private banks

 

 

         

7/12/2015 0:00 

BAGHDAD - Hussein al-Tamimi Tgb 
confirmed Iraqi private banks association heading out the recommendations do private banking sector during the third conference to be held early next week, an international presence and regional broad This came in a press conference organized by the Association yesterday and was attended by Chairman of the Parliamentary Economic Commission Jawad al. Vice President of the Association Ali tempted said: Annual Iraqi banking conference represents one of the most important initiatives for the construction and development of the banking sector in Iraq, declaring that the association has completed all preparations for the third annual conference banking in Baghdad early next week under the auspices of the Prime Minister and in cooperation with the Central Bank of Iraq under the slogan «Gateway Financial Inclusion and a pillar of sustainable development of the banking sector», adding that this conference comes as a continuation of the decisions of the second Iraqi banking conference held in Baghdad last year came out with many of the recommendations that achieve a large part of cooperation with the Central Bank of Iraq and the Committee on Economic Affairs and many governmental and private institutions attended More than 500 governmental and personal economic conference Msrvih.ama Jawad al-Bolani, chairman of the parliamentary Economic Committee has stressed that the banking sector is the backbone of the economic reform process sought by Iraq, praising the Central Bank initiative aimed at private banks to support the aim of working to diversify the financial resources of Iraq. He pointed out that the banking sector is a key supporter activate the production of industrial and agricultural process, pointing to the importance of linking the evolving global banks, especially that Iraq has a long history in the banking industry. 
Ali Tariq, executive director of the Association of Iraqi private banks pointed out that the conference, which will have an international presence and regional and local wide represents a roadmap for the work of private banks for the next year, pointing out that the contract in light of the present situation represents a trend serious to create a sober banking sector is able to carry out the tasks entrusted to him in the future, especially since the need for projects in Iraq, large and require a broad international effort and this in turn looking for empowered banks to carry out a huge banking transactions.   
  He cautioned that Tariq private banks operating in accordance with instructions issued by the Central Bank of Iraq and the most important work to bring advanced technology to contribute in the provision of advanced services to beneficiaries.

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07/12/2015 (00:01 pm)   -   the number of readings: 110   -  number (3517)

 

 

Economic parliamentary: the government has all the precautions to provide the employees' salaries

BAGHDAD / long-Presse 
 

The Commission on Economy and Investment in the House of Representatives, on Sunday, the government and the Ministry of Finance possess all precautions to provide the employees' salaries and the necessary funds for essential things, the promise of the obstacles facing Iraq "useful" to activate the economic sectors and not rely on oil only, while the private banks, the Association called for legislation their own laws. The Chairman of the Committee on Economy and Investment parliamentary Jawad al-Bolani said in an interview to the (long-Presse), "The existence of private banking sector in Iraq is one of the most important things development," noting that "the end of his defense and attributed by the government and central bank piped to sobriety and enable the technical management and the movement of cash and the development of investment in tourism, industry and agriculture sector. "He added Bolani that" the banks no longer just offices for the disposal of the currency and an auction to sell the currency, but must take the room to contribute to the development, especially after the launch of the Central Bank of the amount of five trillion to revive projects ", calling for a" private banking sector support. "The head of the Economic Committee that" the government and the Ministry of Finance possess all precautions to provide the employees' salaries and funds for the necessary and basic things contained in the 2016 budget, "pointing out that" Iraq is able to overcome the obstacles facing it, which could be helpful to stimulate other economic sectors and not rely on oil only. "For his part, President of the Association of private banks in Iraq, Tariq said in an interview to the (long-Presse)," The banking sector needs to enable it to move to take advantage of opportunities and not just the banking support . "Tariq and called for" legislation of special laws sector for cooperation with government institutions, "asserting that" the private banking sector will play a major role in supporting other organizations in the work normally in abnormal conditions in the event of a partnership between him and the government sector. "The Association of private banks, announced on Sunday, for the Third Annual Banking Conference in the 12th of December the current one, in the capital Baghdad, an Arab with wide participation, while the committee economy parliamentary confirmed that the conference will chart a roadmap for private banks. It consists of the banking system in Iraq from 43 banks , as well as the central bank, and are distributed according to government ownership between seven and 30 waged, including seven Islamist, as well as six foreign banks and is distributed as follows: 600 branches throughout Iraq.

Read more: http://dinarvets.com/forums/index.php?/topic/209534-cabinet-approves-reform-ladder-staff-salaries/page-4#ixzz3tdfQSQdH

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Video: Economists call for the government to stimulate the private sector

 

Monday, 7 December 2015 16:15

 

https://www.youtube.com/watch?v=2MYkUG0qodY 

Economists video calling on the government to stimulate the private sector

 

Published on Dec 7, 2015

Activating the role of the private sector in the country, according to economists may come through the provision of subsidized and provided by private banks through an initiative launched by the government earlier loans. 

He says the trouble maker, vice president of Association of Iraqi banks: "The state supports the private sector by 5 trillion, Hai be a jump and gesture of the government towards the private sector more than 70% rehabilitation works on more re than 60 to 70% of farmland, vast distances abandoned by It will be planted to crops that serve the country. "

 

 

He adds Saad al-Jabri, international economic policy expert: "the banking sector forms the backbone of the private sector, entrepreneurs asking for loans provided by private banks worry because the private banks in the world is vibrant and vital pump." 

Parliamentary Commission of Economy in turn called on the government to the private sector need to focus on being a resource represents an alternative to ease the dependence on oil. 

He says Jawad al-Bolani, chairman of the parliamentary Committee of Economy: "The private sector is its importance in his support and faith in his ability to be a supportive and strong support of state and government in an effort to build a national industry and building food security." 

Economists and plans to hold a conference in Baghdad seeks to provide suggestions and studies say it is possible to stimulate the economic and financial sector in the country soon.