Association of Iraqi private banks holds a preparatory meeting for the day of financial inclusion

[yota691]

Association of Iraqi private banks holds a preparatory meeting for the day of financial inclusion

 

Banks Economy News - Baghdad The Association of Iraqi Private Banks on Thursday held a preparatory meeting for private banks, financial payment companies and the Central Bank of Iraq on the day of financial coverage, which starts on April 25, while the meeting was held at the station building in central Baghdad. At the beginning of the meeting welcomed the Executive Director of the Association Ali Tariq private banks that attended the meeting, indicating that the number of attendance today bodes well, stressing that the role of the private bank is the most important and the largest on the occasion of the day of financial inclusion, in addition to the support of the Central Bank of Iraq. Tarek pointed out that the reason for the establishment of financial inclusion is to address the weakness of the public in the banking culture, pointing out that this year will see an increase in access to larger provinces by adding the Kurdistan region of Iraq and the province of Basra, as well as intensify the exhibitions in Baghdad. The CEO of the Association noted that this year will see the establishment of a prize for the best bank participating in the day of financial inclusion, in order to motivate the rest of the banks to provide the best it has. Ali Tariq called on banks to make more efforts to produce a new product, and called on banks to come out with data to prepare a final report on the outcome of the day of financial inclusion. For her part, the Assistant Director General of Payments Department at the Central Bank, Iman Adnan, said that the award will be given to the bank to be the banking awareness department in the winning bank, calling to go to groups other than students, such as women. There were interventions by representatives of banks and inquiries and views on financial inclusion. For his part, Deputy Executive Director of the Association of Iraqi private banks, Ahmed Hashemi during the meeting to get down to the street and target the public is not familiar with this concept, pointing out that the lack of participation of private banks in the provinces will be a negative indicator. There were also interventions by banks, including ideas and proposals to serve the day of financial inclusion, and included the use of ministries as a target group in order to spread the culture of localization of salaries. It was agreed that next Sunday will be a date for a second meeting with private banks for the purpose of providing banks proposals for their activities to the Central Bank on the day of financial coverage, which starts on the twenty-fifth of this month. Views 13   Date Added 04/04/2019

[6ly410]

Association of Iraqi private banks holds a preparatory meeting for the day of financial inclusion

 Banks
Economy News - Baghdad

The Association of Iraqi Private Banks on Thursday held a preparatory meeting for private banks, financial payment companies and the Central Bank of Iraq on the day of financial coverage, which starts on April 25, while the meeting was held at the station building in central Baghdad.

At the beginning of the meeting, the Executive Director of the Association Ali Tariq welcomed attendance, stressing that the role of private banks is the most important and the largest on the occasion of the day of financial inclusion, in addition to the support of the Central Bank of Iraq.

He pointed out that the reason for the establishment of financial inclusion is to address the weakness of the public in the banking culture, pointing out that this year will see an increase in access to more provinces by adding the Kurdistan region of Iraq and the province of Basra, as well as intensify the exhibitions in Baghdad.

The executive director of the Association noted that this year will see the establishment of a prize for the best bank participating in the day of financial inclusion, in order to motivate the rest of the banks to provide the best they have.

Ali Tariq called on banks to make more efforts to produce a new product, and called on banks to come out with data to prepare a final report on the outcome of the day of financial inclusion.

For her part, the Assistant Director General of Payments Department at the Central Bank, Iman Adnan, said that the award will be given to the bank to be the banking awareness department in the winning bank, calling to go to groups other than students, such as women.

There were interventions by representatives of banks and inquiries and views on financial inclusion.

For his part, Deputy Executive Director of the Association of Iraqi private banks, Ahmed Hashemi during the meeting to get down to the street and target the public is not familiar with this concept, pointing out that the lack of participation of private banks in the provinces will be a negative indicator.

There were also interventions by banks, including ideas and proposals to serve the day of financial inclusion, and included the use of ministries as a target group in order to spread the culture of localization of salaries.

It was agreed that next Sunday will be a date for a second meeting with private banks for the purpose of providing banks proposals for their activities to the Central Bank on the day of financial coverage, which starts on the twenty-fifth of this month.

Views 200   Date Added 04/04/2019

[8th ID]

20 minutes ago, 6ly410 said:

The Association of Iraqi Private Banks on Thursday held a preparatory meeting for private banks, financial payment companies and the Central Bank of Iraq on the day of financial coverage, which starts on April 25,

 

20 minutes ago, 6ly410 said:

It was agreed that next Sunday will be a date for a second meeting with private banks for the purpose of providing banks proposals for their activities to the Central Bank on the day of financial coverage, which starts on the twenty-fifth of this month.

WOW...listed twice...I guess it starts the 25th of this month. I do believe this is good for us. Another step closer.

[zzztop]

Good stuff.  Thanks for the post

[Laid Back]

Financial inclusion is needed for all  and especially the world’s poor population working in the informal sector.

-It helps individuals to make daily payments reliably.

-It helps to access credit which can be invested in their small scale income generating activities.

-It helps people save their cash so that they can make future investments or respond to unforeseeable risks.

Financial inclusion improves access to insurance products and services which are critical towards addressing vulnerabilities in any type of business.

 

Go iraq

Go banking system 

Go financial inclusion 

Go savings

 

 

[FROSTYJACK]

 I am hoping by financial inclusion they are talking about  having a worldwide excepted currency. Of course along with that will have to be a realistic rate. More good news every day 😎

[bkeiller]

If everyone is going to get a cut of the oil profits through the HCL, then a digital or paper payout needs to be cashed ... hopefully, in a bank account, or bank.

Another step forward in getn organized for this eventuality.

 

[pokerplayer]

 

 

 

Association of Iraqi private banks holds a preparatory meeting for the day of financial inclusion Banks

 

Economy News - Baghdad

The Association of Iraqi Private Banks on Thursday held a preparatory meeting for private banks, financial payment companies and the Central Bank of Iraq on the day of financial coverage, which starts on April 25, while the meeting was held at the station building in central Baghdad.

At the beginning of the meeting, the Executive Director of the Association Ali Tariq welcomed attendance, stressing that the role of private banks is the most important and the largest on the occasion of the day of financial inclusion, in addition to the support of the Central Bank of Iraq.

He pointed out that the reason for the establishment of financial inclusion is to address the weakness of the public in the banking culture, pointing out that this year will see an increase in access to more provinces by adding the Kurdistan region of Iraq and the province of Basra, as well as intensify the exhibitions in Baghdad.

The executive director of the Association noted that this year will see the establishment of a prize for the best bank participating in the day of financial inclusion, in order to motivate the rest of the banks to provide the best they have.

Ali Tariq called on banks to make more efforts to produce a new product, and called on banks to come out with data to prepare a final report on the outcome of the day of financial inclusion.

For her part, the Assistant Director General of Payments Department at the Central Bank, Iman Adnan, said that the award will be given to the bank to be the banking awareness department in the winning bank, calling to go to groups other than students, such as women.

There were interventions by representatives of banks and inquiries and views on financial inclusion.

For his part, Deputy Executive Director of the Association of Iraqi private banks, Ahmed Hashemi during the meeting to get down to the street and target the public is not familiar with this concept, pointing out that the lack of participation of private banks in the provinces will be a negative indicator.

There were also interventions by banks, including ideas and proposals to serve the day of financial inclusion, and included the use of ministries as a target group in order to spread the culture of localization of salaries.

It was agreed that next Sunday will be a date for a second meeting with private banks for the purpose of providing banks proposals for their activities to the Central Bank on the day of financial coverage, which starts on the twenty-fifth of this month.




http://economy-news.net/content.php?id=16109

[Desertmedic2009]

Nice!!

[navira]

It's a great article. I hope the date (may 1) for the mechanism on increasing the dinar value is right given from the guy i listened to on weekly conference call.There is an article posted by yoda with regards to the financial admin law...this law is needed to be in place for the mechanism of increasing the dinar value to take effect....may 1 is the date for this to take effect.

[Desertmedic2009]

Just now, navira said:

It's a great article. I hope the date (may 1) for the mechanism on increasing the dinar value is right given from the guy i listened to on weekly conference call.There is an article posted by yoda with regards to the financial admin law...this law is needed to be in place for the mechanism of increasing the dinar value to take effect....may 1 is the date for this to take effect.

I’ll cross all my fingers and toes!!

[navira]

I forgot to mention...the financial admin law is to be voted on ..on wednesday next week. Cheers all

[dinareffic]

April 30th has always been a date I looked at closely every year.  IMF loves April 30th

[Pitcher]

Sure why not. Get it done before Ramadan Starts May 5 this year!!!