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Iraq is present among the largest Arab Banks


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Learn 3-Iraqi banks, which are among the largest 100 Arab

economy

 Since 12/23/2016 16:47 pm (Baghdad time)

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Scales News - Follow-up

Secretary General of the Union of Arab Banks and Sam Fattouh announced, on Friday, for the selection of three banks in Iraq among the 100 largest bank in the Arab countries.

He said Fattouh, said in a statement, and seen by / balances News /, that "the General Secretariat of the Union, and according to issued by the Union analytical study, and on the basis of Arab Banks, data, and included the top 100 Arab banks according to the assets shown for the end of the third quarter of 2016, to those banks manage pooled assets estimated at $ 2.93 trillion, or about 90% of the total Arab banking sector assets. "

The statement pointed out, that "there are 21 Islamic banks in the list of the top 100 Arab banks, manages assets estimated at $ 486 billion, and despite the continuing unrest and political and economic pressures in all of Iraq, Libya, and Egypt, are still a number of banks occupy the top positions in the list the top 100 Arab banks. "

The statement, that "the United Arab Emirates ranked first for the number of listed banks on the list, 17 banks, and Saudi Arabia, second place 12 banks, and thirdly Qatar, Lebanon 10 banks, and the Fourth of Kuwait 9 banks, Fifth Egypt 8 banks, and the Sixth Bahrain, Morocco 7 banks, Seventh both Libya and Algeria five banks, ranked the Sultanate of Oman eighth place, four banks, and Iraq ninth place three banks, and Jordan tenth place with the entry of banks Jordanians in the list of the top 100 Arab banks ".anthy 29/9 P

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Iraq is present among the largest Arab Banks

 

 

   
 

 
 


26/12/2016 0:00 

Ohrha Arab Union

BAGHDAD / morning 
Despite the large size of weightlifting, which exceeded perceptions on Iraq's economy for nearly three and a half decades, financial pressure on him and took the forms and dimensions did not resist any economy in the world because of the loose policies, find financial sector higher Iraqi today present among the best regional banks and subject to evolution, after the dust of time large and its challenges and its surpassing impossible to accomplish acceptable. 

Deputy Economic prime Baghdad forum on behalf of Jamil Antoine said that "the existence of Iraq among the largest Arab banks is the place of pride and shows that Iraq has started to take its real on the Arab and international banking arena," especially as the Iraqi banks of the oldest banks in the region , along with Lebanese banks, as the date of the Rafidain Bank significant international reputation. Financial assets  Antoine said in an interview for the "morning" that Iraq had large size of its economy, calling on rich country in the world needs a larger number of banks that are characterized by their technological capabilities and financial assets. He called the private banking sector to expand and work on attracting advanced systems that provide the best products and takes his role in the rehabilitation field of human resources to be able to cutting - edge technology that contribute to the creation of a sophisticated banking system is capable of dealing with the big money that Iraq needs to manage its economy heads.  Iraqi banks  at a time when the Secretary - General of the Union of Arab Banks and Sam Fattouh, announced the selection of three banks in Iraq among the 100 largest bank in the Arab countries. He said Fattouh, said in a statement, that " the General Secretariat of the Union, and in accordance with the analytical study issued by the Union, and on the basis of Arab Banks data, included the 100 largest Arab bank according to assets shown for the end of the third quarter of 2016, those banks manage pooled assets estimated at $ 2.93 trillion dollars, or about 90 percent of the total Arab banking sector assets. " He pointed out that "there are 21 Islamic banks in the list of the top 100 Arab banks, manages assets estimated at $ 486 billion, and despite the continuing unrest and political and economic pressures in all of Iraq, Libya, and Egypt, are still a number of banks occupy the top positions in the list of top 100 Arab bank. " Attend index  Executive Director of the Association of Iraqi private banks , said: "The presence of three Iraqi banks among the top 100 Arab banks is an indication that the banking sector of Iraq is still present on the Arab arena strongly that the importance of Iraq 's evidence yard regional economy , " pointing out that despite the great challenges faced by Iraq for more than three and a half decades and exposed to many forms of pressure on the economy and his absence from the world and witnessed the developments , but it is present among his brothers for a win - win  Almtbadlh.wachar that "classification , which recently released a person of the Iraqi banking sector and put it to the side of Arab banks Arab to come , and we have during the next phase that the rise of human competencies that are important axis in the process of economic recovery and the cornerstone for the development of all sectors, pointing out that Ashur Bank, for example , provided data in accordance with international disclosure largest specialized international companies under the supervision of standards and require all banks to follow  suit . training plan  Tariq pointed out that committed to the training plan , the Association for the next year targeting 2,000 employees in banks , public and private sectors, including the most important disciplines that contribute to the development of this sector and its products and management of large assets in the form that achieves the highest benefit levels for Bld.okan representative of the US Treasury at the US embassy John Sullivan had said during the forum compliance and anti - money laundering and terrorist financing , which was held recently: that Iraq has made over the past years extraordinary progress in the financial sector and in turn advocate for Iraq in this direction that achieves development, calling for disclosure of achievements that are achieved through advertising and multi - media where the international community is following the reality of money in Iraq and has a desire to know more of the achievements realized  here.

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