Private Bankers Association elects new board Aderaah
Saturday 14 February 2015 | 15:27
Association aims to build bridges of cooperation between the private and government banks and financial institutions in the state
Qurtas News / Baghdad
The Iraqi Association of private banks, the Sabbath, the election of a new board of management, as the government and the parliament has called for support.
The executive director of the Association of Tariq Ali told the "Qurtas News" "The Association met in the presence of representatives of 35 private Iraqi bank, in order to vote and choose the administrative board of the new successor to the old."
"It was selected 9 banks as permanent members of the Association," noting that "choosing a president and vice Association will be on Sunday in a secret session for members of the Authority."
He explained that "the body was new tasks to work on writing a new draft rules of procedure, which has been amended about a month ago, and was ratified by the previous body was," pointing out that "the new rules of procedure aims to build bridges of cooperation between the private and government banks and financial institutions in the state, in order to there is a banking and financial sector successfully supports the country's economy. "
He Tariq to "the need to provide the government and parliament for the banks real support through the amendment of the Banking Act and the granting of more facilities, especially as long as it is confirmed that the private banks approximation and involvement in supporting the economy and the market."
It is noteworthy that the banking system in Iraq consists of 43 banks, as well as the central bank, according to property distributed among seven state-owned, and 30 waged, including the Islamic seven, in addition to six foreign banks, and distributed all of these banks by 600 branches throughout Iraq.
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Saturday 14 February 2015 | 15:27
Association aims to build bridges of cooperation between the private and government banks and financial institutions in the state
Qurtas News / Baghdad
The Iraqi Association of private banks, the Sabbath, the election of a new board of management, as the government and the parliament has called for support.
The executive director of the Association of Tariq Ali told the "Qurtas News" "The Association met in the presence of representatives of 35 private Iraqi bank, in order to vote and choose the administrative board of the new successor to the old."
"It was selected 9 banks as permanent members of the Association," noting that "choosing a president and vice Association will be on Sunday in a secret session for members of the Authority."
He explained that "the body was new tasks to work on writing a new draft rules of procedure, which has been amended about a month ago, and was ratified by the previous body was," pointing out that "the new rules of procedure aims to build bridges of cooperation between the private and government banks and financial institutions in the state, in order to there is a banking and financial sector successfully supports the country's economy. "
He Tariq to "the need to provide the government and parliament for the banks real support through the amendment of the Banking Act and the granting of more facilities, especially as long as it is confirmed that the private banks approximation and involvement in supporting the economy and the market."
It is noteworthy that the banking system in Iraq consists of 43 banks, as well as the central bank, according to property distributed among seven state-owned, and 30 waged, including the Islamic seven, in addition to six foreign banks, and distributed all of these banks by 600 branches throughout Iraq.
[You must be registered and logged in to see this link.]