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The Central Bank and international organizations discuss mechanisms to enhance financial inclusion


yota691
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Economy News - Baghdad

The Central Bank of Iraq announced the organization of a workshop to prepare a strategy for financial inclusion in Iraq, in cooperation with the World Bank.

The Central Bank said in a press statement received by Al-Iqtisad News, “ In cooperation with the Central Bank of Iraq, the World Bank organized a workshop to discuss steps for preparing a financial inclusion strategy in Iraq and the requirements for international support, as well as the role of partners from the public and private sectors in developing and implementing it, within the directions of the Central Bank Iraq in the transformation towards financial inclusion and the development of the financial and banking sector, and the initiative of the Arab Monetary Fund to strengthen this strategy in the Arab countries .

He added that the workshop comes within the framework of the Arab Financial Inclusion Initiative organized by the Arab Monetary Fund in cooperation with the Global Alliance for Financial Inclusion and the German Organization for International Development, where the workshop discussed the importance of collecting data on financial inclusion indicators from the supply and demand sides .

According to the statement, the workshop was attended by a number of representatives of banks and payment companies, heads and members of the sub-committees emanating from the Supreme Committee for Financial Inclusion . , Explaining that the Central Bank of Iraq has taken a number of measures in recent years to enhance financial inclusion, which contribute to facilitating the preparation of this strategy .

 

 

 

 
Number of observations 130,   date of addendum 11/05/2020
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The Central Bank is discussing with international organizations mechanisms to enhance financial inclusion

 

 

153 Economie 11/05/2020 09:46 ht Baghdad today -

Baghdad The Central Bank of Iraq announced, Thursday, (November 05, 2020) that it is discussing mechanisms to enhance financial inclusion with a number of international organizations. The media office of the bank said in a statement received (Baghdad Today), that "in cooperation with the Central Bank of Iraq, the World Bank organized a workshop to discuss steps for preparing a strategy for financial inclusion in Iraq and the requirements for international support as well as the role of partners from the public and private sectors in developing and implementing it, within the bank’s directions. The Iraqi Central Bank in the transformation towards financial inclusion and development of the financial and banking sector, and the Arab Monetary Fund initiative to strengthen this strategy in the Arab countries. The statement added, "The workshop comes within the framework of the Arab Financial Inclusion Initiative organized by the Arab Monetary Fund in cooperation with the Global Alliance for Financial Inclusion and the German Organization for International Development. The workshop discussed the importance of collecting data on financial inclusion indicators from both the supply and demand sides." He added that "the workshop was attended by a number of representatives of banks and payment companies, heads and members of the sub-committees emanating from the Supreme Committee for Financial Inclusion." The statement indicated that "the Central Bank of Iraq has taken a number of measures in recent years to enhance financial inclusion, which contribute to facilitating the preparation of this strategy."

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The information / Baghdad ..

The Central Bank of Iraq announced, on Thursday, that it is discussing mechanisms to enhance financial inclusion with a number of international organizations.
The media office of the bank said in a statement received by the information that, “In cooperation with the Central Bank of Iraq, the World Bank organized a workshop to discuss steps for preparing the financial inclusion strategy in Iraq and the requirements for international support, as well as the role of partners from the public and private sectors in developing and implementing it, within the directions of the Central Bank "In the Iraqi transition towards financial inclusion and development of the financial and banking sector, and the Arab Monetary Fund initiative to strengthen this strategy in the Arab countries.
The statement added, "The workshop comes within the framework of the Arab Financial Inclusion Initiative organized by the Arab Monetary Fund in cooperation with the Global Alliance for Financial Inclusion and the German Organization for International Development, where the workshop discussed the importance of collecting data on financial inclusion indicators from the supply and demand sides."
He continued, "The workshop was attended by a number of representatives of banks and payment companies, heads and members of the sub-committees emanating from the Supreme Committee for Financial Inclusion."
The statement indicated that "the Central Bank of Iraq has taken a number of measures in recent years to enhance financial inclusion, which contribute to facilitating the preparation of this strategy."

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31 minutes ago, blueskyline said:

Thank You Yota . GM DV's....The Central Bank of Iraq announced, on Thursday, that it is discussing (((mechanisms))) to enhance financial inclusion with a number of international organizations.

Blueskyline, They better hurry the heck up and git er done.....The World is waiting for the "RV BOOM".  

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A Real Bank Story No Guru spew!!! :lol: Evening DV!!

 

 

 
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The Iraqi Private Banks Association held a meeting for the managers of the commissioners of banks operating inside the country, to discuss the banking reality and the challenges facing banks in light of the Corona pandemic and the financial crisis.

The head of the Iraqi Private Banks Association, Wadih Al-Handal and the advanced cadre of the Association, met with a number of private bank commissioner directors and there will be multiple meetings with banks in the coming days.

Al-Handal said during the meeting, that the Association of Private Banks and Banks is working to implement the vision of the Central Bank in promoting the banking reality inside the country, spreading the concept of financial inclusion and increasing citizens' confidence in the banking sector, explaining that private banks seek to strengthen the relationship with the Central Bank and implement its decisions that serve the banking sector. .

He stressed that the partnership between the Central Bank and the Association of Private Banks will reflect positively on banking work, noting that the upcoming challenges are consistent with the vision of the banking sector in implementing the white paper that will serve the economy.

Al-Handal noted that the banking sector is able to expand its services, especially after seeing the reform paper by withdrawing the funds hoarded in homes and placing them in banks and investing them in financing investment projects.

On the other hand, bank managers welcomed, during the meeting, the steps taken by the central bank recently, in line with the development of the economy.

 


Number of observations 710   Date added 11/05/2020
 

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13 hours ago, blueskyline said:

Thank You Yota . GM DV's....The Central Bank of Iraq announced, on Thursday, that it is discussing (((mechanisms))) to enhance financial inclusion with a number of international organizations.

Greatest article I have read in days..,,isn’t it funny Iran can sign deals to sell foreign currencies through over 1400 outlets! Iraq has either done this is it about to do this! Rv is close! First time in over 13 years I have seen article of this type!

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The Central Bank and international organizations discuss mechanisms to enhance financial inclusion

 Baghdad-conscious

The World Bank, in cooperation with the Central Bank of Iraq, organized a workshop to discuss steps for preparing a strategy for financial inclusion in Iraq and the requirements of international support, as well as the role of partners from the public and private sectors in developing and implementing them, within the directions of the Central Bank of Iraq in the transformation towards financial inclusion and the development of the financial and banking sector, and the initiative of the Fund Arab criticism to strengthen this strategy in the Arab countries.
The Central Bank stated in a statement received by the Iraqi News Agency (INA), today, Thursday, that "this workshop comes within the framework of the Arab Financial Inclusion Initiative organized by the Arab Monetary Fund in cooperation with the Global Alliance for Financial Inclusion and the German Organization for International Development. The workshop discussed the importance of data collection." Related to indicators of financial inclusion from the supply and demand sides. 
The statement added that "the workshop was attended by a number of representatives of banks and payment companies, heads and members of the sub-committees emanating from the Supreme Committee for Financial Inclusion." 
The Central Bank of Iraq has taken a number of measures in recent years to enhance financial inclusion, which contribute to facilitating the preparation of this strategy.
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4 hours ago, yota691 said:

The Central Bank and international organizations discuss mechanisms to enhance financial inclusion

 Baghdad-conscious

The World Bank, in cooperation with the Central Bank of Iraq, organized a workshop to discuss steps for preparing a strategy for financial inclusion in Iraq and the requirements of international support, as well as the role of partners from the public and private sectors in developing and implementing them, within the directions of the Central Bank of Iraq in the transformation towards financial inclusion and the development of the financial and banking sector, and the initiative of the Fund Arab criticism to strengthen this strategy in the Arab countries.
The Central Bank stated in a statement received by the Iraqi News Agency (INA), today, Thursday, that "this workshop comes within the framework of the Arab Financial Inclusion Initiative organized by the Arab Monetary Fund in cooperation with the Global Alliance for Financial Inclusion and the German Organization for International Development. The workshop discussed the importance of data collection." Related to indicators of financial inclusion from the supply and demand sides. 
The statement added that "the workshop was attended by a number of representatives of banks and payment companies, heads and members of the sub-committees emanating from the Supreme Committee for Financial Inclusion." 
The Central Bank of Iraq has taken a number of measures in recent years to enhance financial inclusion, which contribute to facilitating the preparation of this strategy.

Implement the plan!

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