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Calls for private banks to be involved in government decision
BAGHDAD - Mohammed Al-Salhi
Private banks Association concluded yesterday its second conference to discuss the reality of banks as participants in the final statement of the conference called for the development and support of the banking sector due to the extreme need it in the next stage. And read the President of the Association meek Handal final statement of the Matmralve attended (time) yesterday, saying (I call for the formation of a joint committee comprising representatives from the Central Bank and the Ministry of Finance and the Finance Committee and the Parliamentary Association meets monthly to address Amoralta interest to the banking sector). He said (to be working to strengthen trust between the civil and government banks by accepting issued by private banks instruments as well as employees and retirees, including paying salaries (. The statement noted (need to speed up the adoption of the Deposit Insurance Act, which will contribute to increasing confidence in the government and private sector and activate the role of financial Court, as provided by the Banking Act and not to resort to other courts). He added that the (government agencies to reconsider the decisions taken against the banks, which was placed under the guardianship and try to support it and bring it back to sound banking to serve the national economy and follow the example of the global experiences to take advantage of legal reserve more effectively by increasing the liquidity of the banks to participate in various development projects.) The proposed statement (to meet the challenges facing the country jointly.) The student (the separation of the evaluation criteria and coping mechanisms for banks according to the nature of the work of the bank, whether Islamic or commercial investment, as well as cooperation with the Central Bank of Iraq for the purpose of launching the National divider project and encourage the transfer of modern technology to the banking business in Iraq and the expansion of the electronic banking services and speed up the establishment of the clearing house). And called for the establishment of a federal association confederation economic system to strengthen the country financially. And President of the Association meek Handal said (time) yesterday that (countries that witnessed the economic and social unrest and a split-level people have not united by anything but robust economy, as is the case in the United Arab Emirates and Lebanon). He (we are asking for a comprehensive economic confederation make an important center of the country to attract capital). He explained that the (conference provided a positive voice for the new Iraqi economy and the trend towards relying on the skills and experiences and not to restrict the movement of the banks). Referring to (a strong reaction by the Prime Minister Haider al-Abadi, who recommended that the delivery of the decisions of the Conference him personally and follow up their implementation). As Chief Economist Association Aeraguibn Abdul Hussein al-Yasiri stressed the need to end the reliance on the public sector and the trend to build my family is able to achieve economy Completed equivalent and keep pace with the developed countries. Yasiri said (time) yesterday that the (formal interaction reflects the true direction of the country is headed Valebadi aware of the importance of this important sector in establishing a strong economy does not depend on the government banks only). He (must rewrite the Iraqi Central Bank Law and the involvement of private banks in the development of the country and put a strategic partner).
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Calls for private banks to be involved in government decision
BAGHDAD - Mohammed Al-Salhi
Private banks Association concluded yesterday its second conference to discuss the reality of banks as participants in the final statement of the conference called for the development and support of the banking sector due to the extreme need it in the next stage. And read the President of the Association meek Handal final statement of the Matmralve attended (time) yesterday, saying (I call for the formation of a joint committee comprising representatives from the Central Bank and the Ministry of Finance and the Finance Committee and the Parliamentary Association meets monthly to address Amoralta interest to the banking sector). He said (to be working to strengthen trust between the civil and government banks by accepting issued by private banks instruments as well as employees and retirees, including paying salaries (. The statement noted (need to speed up the adoption of the Deposit Insurance Act, which will contribute to increasing confidence in the government and private sector and activate the role of financial Court, as provided by the Banking Act and not to resort to other courts). He added that the (government agencies to reconsider the decisions taken against the banks, which was placed under the guardianship and try to support it and bring it back to sound banking to serve the national economy and follow the example of the global experiences to take advantage of legal reserve more effectively by increasing the liquidity of the banks to participate in various development projects.) The proposed statement (to meet the challenges facing the country jointly.) The student (the separation of the evaluation criteria and coping mechanisms for banks according to the nature of the work of the bank, whether Islamic or commercial investment, as well as cooperation with the Central Bank of Iraq for the purpose of launching the National divider project and encourage the transfer of modern technology to the banking business in Iraq and the expansion of the electronic banking services and speed up the establishment of the clearing house). And called for the establishment of a federal association confederation economic system to strengthen the country financially. And President of the Association meek Handal said (time) yesterday that (countries that witnessed the economic and social unrest and a split-level people have not united by anything but robust economy, as is the case in the United Arab Emirates and Lebanon). He (we are asking for a comprehensive economic confederation make an important center of the country to attract capital). He explained that the (conference provided a positive voice for the new Iraqi economy and the trend towards relying on the skills and experiences and not to restrict the movement of the banks). Referring to (a strong reaction by the Prime Minister Haider al-Abadi, who recommended that the delivery of the decisions of the Conference him personally and follow up their implementation). As Chief Economist Association Aeraguibn Abdul Hussein al-Yasiri stressed the need to end the reliance on the public sector and the trend to build my family is able to achieve economy Completed equivalent and keep pace with the developed countries. Yasiri said (time) yesterday that the (formal interaction reflects the true direction of the country is headed Valebadi aware of the importance of this important sector in establishing a strong economy does not depend on the government banks only). He (must rewrite the Iraqi Central Bank Law and the involvement of private banks in the development of the country and put a strategic partner).
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