Keywords: private banks, their performance distinctive and are satisfied with it

[yota691]

Governor of the Central Bank opens new headquarters of the Association of Iraqi private banks

economy

 Since 16/02/2017 21:30 (Baghdad time)

BAGHDAD - balances News

Inaugurated governor of the Iraqi Central Bank on the Keywords, on Thursday, the new headquarters of the Association of Iraqi private banks

A statement of the association got / balances News / a copy of it, "celebrated in the presence of Governor of the Central Bank of Iraq, a professor on the Keywords and MP Dr. Mehdi al-Hafez and heads of boards of commissioners and directors of private banks and economic figures."

The statement added that "the President of the Association meek Handal accept it during a speech at the great efforts that have been made in the reconstruction and development of the headquarters of the Association and praised the efforts made in its implementation," noting that "Handal touched on the main activities undertaken by the Association in cooperation and coordination with the Central Bank of Iraq in various fields ".

The statement said that "the central bank governor on the Keywords, praised the way the word through the great role played by the association in the field of training of bank personnel, and called on banks to make more efforts for the advancement of the banking sector.

He explained that the ceremony Tll signing of a Memorandum of Understanding between the undercut banks and the Institute for the progress of the development policies and signed by Messrs Wadih Handal, President of the Association, and Dr. Mehdi al-Hafez president of the institute included joint cooperation and coordination between the two parties, "./ ended 29

[yota691]

Iraqi private banks association evaluate the ceremonial opening of the new headquarters

 

 

Economy News / Baghdad ...       Celebrated the Iraqi private banks association, on Thursday, the opening of its new headquarters in the presence of Governor of the Central Bank of Iraq, a professor on the Keywords and MP Dr. Mehdi al-Hafez and heads of boards of commissioners and directors of private banks and economic figures.   And it began to celebrate the opening of the headquarters of the Association cut the tape by Mr. Governor of the Central Bank of Iraq and Mr. Wadih Handal, president of the association, and the ceremony included the national anthem and reading the Fatiha for the souls of the martyrs of Iraq.     The President of the Association meek Handal, presenting a welcoming speech in which the great efforts that have been made in the reconstruction and development of the headquarters of the Association and praised the efforts made in its implementation. Turning Handal, the main activities undertaken by the Association in cooperation and coordination with the Central Bank of Iraq in various fields.     For his part, praised the Governor of the Central Bank on the Keywords, during a speech by the way the great role played by the association in the field of training of bank personnel, and called on banks to make more efforts for the advancement of the banking sector.   There was then honoring the pioneers of the banking sector ceremony of the first meal by the Attorney Mehdi al-Hafez included honoring each of Messrs Abu Talib al-Hashemi Chairman of Gulf Bank management and banking expert Dr. Sadeq al-Shammari Commissioner Islamic National Bank and former Muhammad Ali Jaber, Managing Director of the Bank of Baghdad and former banking expert veteran director Mohammed Saleh Chandler.   After that was signed a memorandum of understanding between the banks and the armpits and the Institute for the progress of the development policies and signed by Messrs Wadih Handal, President of the Association, and Dr. Mehdi al-Hafez president of the institute included joint cooperation and coordination between the two parties.
Views 781   Added 02/16/2017 - 18:41   Last updated 17/02/2017 - 13:56   No. Content 6741

[yota691]

Keywords declares near the application of the Deposit Insurance System

 

 

2/18/2017 0:00  Called on private banks to finance large projects   BAGHDAD / Hussein Tgb  face development challenges and build local capacities represent obstacles need to be addressed by the banking on the private sector to achieve economic advancement of the process as the engine for all device activities through funding provided from Mali.  Iraqi Central Bank Governor Dr. On the Keywords and during the opening of the headquarters of Iraqi private banks association ceremony demanded by attracting money deactivated without real employment of which an estimated 70 percent of the money supply in Iraq size, pointing out that it requires the creation of opportunities to attract money through confidence - building between the banking sector and the citizen who must We are reassured on his money.  Egyptian Central  Keywords thanked the first generation of Iraqis bankers who owned the good reputation and vast experience that established a solid banking system for decades and contributed to the construction of Arab central banks of the Egyptian Central Kalpnk.  He stressed that the central Keywords banking sector is pushing for the adoption of advanced banking systems that chime and adopted by the international banks, not striking that the central works on the infrastructure that will develop banking business in Iraq so as to enhance the services provided to beneficiaries at the retail level calendar.  He revealed near the private system application company guarantee deposits , which helps to create trust between the citizen and the banking sector, calling on all banks to be one hand to support this project , which serves all parties and guarantee the rights of depositors.  He called Keywords private banks to take a leading role in economic development by financing large projects process, and must rely sophisticated methods of work, especially that many of the private banks were able to build a modern framework for its work.  Great opportunities  and cautioned on the need for Iraq economic stimulus form in which it invests all resources, calling for banks that have a positive role in this area despite the inter challenges, but the presence of many big opportunities to overcome obstacles which requires effective products capable of supporting development.  He said the legacy public banking sector backwater of global developments and the movement became slow and you need to stand when a lot of joints.  Keywords and stressed the importance of training in the development of the financial sector and its impact on all sectors of the economy, praising the role of the Association in this important area, stressing that the courses achieved a real growth in capacity, given that the demands of the banking sector to keep pace with global developments.  Activity money  head of the Iraqi private banks association Wadih Alhntl said that the central bank 's major role in the private banking sector development through follow - up prior and instructions that the activity money in Iraq, stressing that the Association gives financial capacity building within the priorities of their plans and annual programs aimed at rehabilitation experiences in all banking activities without exception.  He noted that the new headquarters contains all the specific training requirements that provide an atmosphere ideal for Mtdreb and lecturer, pointing out that private banks aims to develop all joints  and be a competitor to the regional and international counterparts.  He described the celebration of the experiences that I got up Iraqi banks over the past decades and the duty because they put the foundations of a new generation of banking experience , which began its work and gained great experiences for the advancement and development of products.  It also included opening the signing of a Memorandum of Understanding between the Institute of progress for Development Studies and the Association of Private Banking activities.

[tigergorzow]

19 minutes ago, yota691 said:

He revealed near the private system application company guarantee deposits , which helps to create trust between the citizen and the banking sector, calling on all banks to be one hand to support this project , which serves all parties and guarantee the rights of depositors. 

Yota Thanks,  DV,  This is excellent news and it is necessary for the citizens to deposit their chunky money in the banks.    The plan is falling right into place IMHO.

[skeetdog]

Thanks Yota...Now if the CBI will give the dinar it's true worth, giving the Iraqi borrowers purchasing power, giving the private banks the opportunity to kick-start the Iraqi economy...The CBI has to put the Iraqi economy wheel in motion by giving the dinar purchasing power...

[calkid11]

Thank you Yota 

[NoviceInvestor]

5 hours ago, tigergorzow said:

Yota Thanks,  DV,  This is excellent news and it is necessary for the citizens to deposit their chunky money in the banks.    The plan is falling right into place IMHO.

I agree but is it "imminent" or "soon" or will it be suddenly... sadly no one knows and we probably still be waiting this time next year... 

[yota691]

Keywords: private banks, their performance distinctive and are satisfied with it

 

 

Economy News / special ...       The governor of the central bank on the Keywords, Sunday, that the central bank was able to get up and banks lagging belg number eight banks out of 60 banks are working well and are satisfied with it.   Keywords and said in answering a question for "Economy News" hosted on the performance of private banks in the press conference held this morning, the two banks remained reluctant or three and work is under way on the correct path out of the 60 banks are working well and are satisfied with it.   He called on the Governor, Economic media not to be dragged behind the irresponsible remarks by some that distort the true picture of the banks and the role of development, calling for the need to spread the savings in private banks, the culture and restore confidence in them, especially the block that out Altdol accounted for 70 percent of the money supply, which will contribute to the revitalization of the market if it deposited in banks.    He pointed out the role of the Iraqi private banks association to adopt initiatives and important actualities that reflect the interest of the banks in the implementation of the required standards and guidance.
Views 5   Date Added 02/19/2017 - 14:34   Last updated 02/19/2017 - 14:46   No. Content 6751