The opening of Iraq's banking forum in Beirut

The opening of Iraq's banking forum in Beirut





15-09-2015 | 15:23

Forum Iraq Banking opened its day in Beirut in the presence of a large number of Lebanese and Iraqi bankers and business leaders, heads of companies, international organizations and banking experts and journalists, attended by about 400 participants from Arab and foreign countries.

Organizes the Forum Group Economics and Business and the Central Bank of Iraq in cooperation with the Central Bank of Lebanon and the Association of Iraqi private banks and the Association of Banks in Lebanon.

He revealed the governor of the Bank of Lebanon Riad Salameh, the Financial Markets Authority will set up an electronic platform for trading stocks, bonds, commodities such as gold, will be through the sale of the emerging institutions to the public.

Salameh said that Lebanon over the difficult circumstances but the Lebanese have not given up and said assure you will not give up.

He added: " 2015 will not be seeing growth like the one achieved in 2014, and growth will be close to zero.

That is why we introduced a package of incentives will include a credit of $ billion and up to $ 1.5 billion in 2016 and will be an interest rate at one percent limits. These include lending banks for the sectors of housing, small enterprises and medium-sized projects and alternative energy, the environment, education, university and others.

For his part, the Iraqi Central Bank Governor d. on the Keywords, he said that Iraq and Lebanon completely Mhaian and Kraidan in the Arab region for the transfer and development of the banking industry.

The President of the Lebanese Banks Association d. Joseph Tarabay introduced to the strengths enjoyed by the Lebanese banking sector.

While Chief Executive Officer of Economics and Business Raouf Abu Zaki said that the convening of this meeting in Beirut is the embodiment of the Lebanese banking expansion in Iraq, but the level of cooperation between the Central Bank of Iraq and his Lebanese counterpart on a number of fields, particularly in the field of training and coordination among regulators.


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He revealed the governor of the Bank of Lebanon Riad Salameh, the Financial Markets Authority will set up an electronic platform for trading stocks, bonds, commodities such as gold, will be through the sale of the emerging institutions to the public.


That is why we introduced a package of incentives will include a credit of $ billion and up to $ 1.5 billion in 2016 and will be an interest rate at one percent limits. These include lending banks for the sectors of housing, small enterprises and medium-sized projects and alternative energy, the environment, education, university and others.



but the level of cooperation between the Central Bank of Iraq and his Lebanese counterpart on a number of fields, particularly in the field of training and coordination among regulators.