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Opened on Saturday of the first Conference of the Iraqi private banks, which was organized by the Association of private banks in Iraq under the banner of (Iraqi banking sector - reality and challenges)
He said President of the Association of private banks in Iraq, Adnan Alچlbe in a speech to the participation of Arab banks and foreign ministries Iraqi authorities as well as the Union of Arab Banks in the conference will be presented on the first day of the conference spread over two sessions include the activity of the Iraqi banking and legislative environment for the banking and monetary policy and orientations Future and Islamic banks in Iraq and economic challenges and banks.
On the second day will be also over the two sessions include international institutions and their role in the development of the banking and be in the World Bank and the mechanisms of the modern work toward banking activity and the possibilities and application software strategy and private banks in the implementation of programs of small and medium enterprises and the role of foreign banks in the strategy.
Between Alچlbe that The aim of this conference is to put forward comprehensive recommendations for the development of the banking sector and the sector's interaction with the economic sector to serve the national economy and development.
For his part, Prime Minister Nuri al-Maliki to review legislation and laws that hinder the work of private banks, "calling on the central bank to" coordination between private banks and the government said on the Keywords in a speech on behalf of the Prime Minister said that "indicators currently emphasizes low bank credit to important sectors such as agriculture and electricity , "noting that" Iraq needs today to review legislation and laws that hinder the work of private banks.
"He Keywords hope that" reach the conference to propose amendments to this legislation, "adding" we will be supportive of her. "and demanded Keywords to" the establishment of a private bank for investment involving the government and the private banks and the public, "calling at the same time the central bank to" coordination between private banks and government.
"stressed Keywords in the word on the need to" do not drive failures in some private banks to emphasize the harmful through measures harmful and unfair banking sector, Ahli . "said Mr. Kazim fistula representative of Iraq in the Union of Arab Banks in a speech to the banking Arab was not affected major political events taking place in the Arab region and called for further Arab efforts in the fight against money laundering and the elimination of the financing of terrorist groups,
his part praised Mr. Zuhair Ali biggest Deputy Governor of Central Bank of Iraq in a speech at the convening of the conference to unite economic policies and banking to serve our dear country from his part, noted Dr. Sadik Rashid Al Shammari member of the administrative body of the Association of Iraqi private banks and a member of the International Union of Arab Bankers in his report to the Conference entitled (Islamic banking reality and challenges) that Islamic banks despite ماحققته achievements, but he hoped it achieve more accomplishments, particularly with regard to its role of development and its contribution to the treatment of economic problems and economic development of the peoples of the Islamic
Therefore, everyone is invited to lift and rehabilitation and modernization of the financial sector and banking in general and the banking sector Islamic private by a number of factors, the most important achievement of macroeconomic stability and provide the legislative framework and oversight with the diversification of services and innovative advanced services for everyone and the introduction of modern technologies in various fields of finance and banking in addition to the need for rehabilitation of human resource in order to achieve opportunities for growth and development and to meet the challenges through expansion of the modes of financing long-term development of financial instruments present rather than focusing on Murabaha and mind as a source Mamoun of income
and called Dr. Sadek Al Shammari to support small businesses and craft by encouraging the weak and the poor and those with limited income to engage in the economic cycle through speculative as is the solution optimization of financing and the success of such projects Walk-Shammari on the expansion of social financing (resources of Zakat and alms ongoing and donations and Awqaf and free loans), considering that Zakat has implications many economic development and productivity and social development through the eradication of poverty and reduce the gap between the poor and the rich as well as the need to support Islamic banks by governments issuing laws and legislation matched its banking and especially the law of Islamic banks
and this what makes spread wider and more attractive and stable also called for an increase of capital and expand the shareholder base and the composition of the legitimacy of the supreme of all Islamic banks for reference and unification of fatwas and the need to develop specific legislation by issuing instruments (speculation or post or leasing or Murabaha)
For his part, said a member of the Association of Iraqi private banks Shirvan Imran "We need to support the government and give opportunities to compete with government banks," and urged "not to bet on the government banks only. "explained Imran that" so far, the instruments issued by private banks is not supported in government banks and government departments because of the actions of the Ministry of Finance ", calling for a" change these procedures and give a chance for a balance between everyone and is monitoring the work of everyone. "
For his part, said a member of the Preparatory Committee for the Conference Manager Ashur Shirvan Anwar Mustafa: The conference gives an opportunity to present a new strategy for the banking sector over the coming years and how the contribution of the sector and the banking sector contributes to the recycling process and funding beginning with the small and medium enterprises to large to major investment and every one have a strategy and mechanisms, tools and over the two days will have a review at the same time indicating that there will be an agreement or near agreement on the type of strategy and how the application and will be Mtsaúaln to the application in the next stage.
It is noteworthy that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by the property (7) government and banks (30) waged banks including (7) Islamic banks in addition to (6) of foreign banks.
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He said President of the Association of private banks in Iraq, Adnan Alچlbe in a speech to the participation of Arab banks and foreign ministries Iraqi authorities as well as the Union of Arab Banks in the conference will be presented on the first day of the conference spread over two sessions include the activity of the Iraqi banking and legislative environment for the banking and monetary policy and orientations Future and Islamic banks in Iraq and economic challenges and banks.
On the second day will be also over the two sessions include international institutions and their role in the development of the banking and be in the World Bank and the mechanisms of the modern work toward banking activity and the possibilities and application software strategy and private banks in the implementation of programs of small and medium enterprises and the role of foreign banks in the strategy.
Between Alچlbe that The aim of this conference is to put forward comprehensive recommendations for the development of the banking sector and the sector's interaction with the economic sector to serve the national economy and development.
For his part, Prime Minister Nuri al-Maliki to review legislation and laws that hinder the work of private banks, "calling on the central bank to" coordination between private banks and the government said on the Keywords in a speech on behalf of the Prime Minister said that "indicators currently emphasizes low bank credit to important sectors such as agriculture and electricity , "noting that" Iraq needs today to review legislation and laws that hinder the work of private banks.
"He Keywords hope that" reach the conference to propose amendments to this legislation, "adding" we will be supportive of her. "and demanded Keywords to" the establishment of a private bank for investment involving the government and the private banks and the public, "calling at the same time the central bank to" coordination between private banks and government.
"stressed Keywords in the word on the need to" do not drive failures in some private banks to emphasize the harmful through measures harmful and unfair banking sector, Ahli . "said Mr. Kazim fistula representative of Iraq in the Union of Arab Banks in a speech to the banking Arab was not affected major political events taking place in the Arab region and called for further Arab efforts in the fight against money laundering and the elimination of the financing of terrorist groups,
his part praised Mr. Zuhair Ali biggest Deputy Governor of Central Bank of Iraq in a speech at the convening of the conference to unite economic policies and banking to serve our dear country from his part, noted Dr. Sadik Rashid Al Shammari member of the administrative body of the Association of Iraqi private banks and a member of the International Union of Arab Bankers in his report to the Conference entitled (Islamic banking reality and challenges) that Islamic banks despite ماحققته achievements, but he hoped it achieve more accomplishments, particularly with regard to its role of development and its contribution to the treatment of economic problems and economic development of the peoples of the Islamic
Therefore, everyone is invited to lift and rehabilitation and modernization of the financial sector and banking in general and the banking sector Islamic private by a number of factors, the most important achievement of macroeconomic stability and provide the legislative framework and oversight with the diversification of services and innovative advanced services for everyone and the introduction of modern technologies in various fields of finance and banking in addition to the need for rehabilitation of human resource in order to achieve opportunities for growth and development and to meet the challenges through expansion of the modes of financing long-term development of financial instruments present rather than focusing on Murabaha and mind as a source Mamoun of income
and called Dr. Sadek Al Shammari to support small businesses and craft by encouraging the weak and the poor and those with limited income to engage in the economic cycle through speculative as is the solution optimization of financing and the success of such projects Walk-Shammari on the expansion of social financing (resources of Zakat and alms ongoing and donations and Awqaf and free loans), considering that Zakat has implications many economic development and productivity and social development through the eradication of poverty and reduce the gap between the poor and the rich as well as the need to support Islamic banks by governments issuing laws and legislation matched its banking and especially the law of Islamic banks
and this what makes spread wider and more attractive and stable also called for an increase of capital and expand the shareholder base and the composition of the legitimacy of the supreme of all Islamic banks for reference and unification of fatwas and the need to develop specific legislation by issuing instruments (speculation or post or leasing or Murabaha)
For his part, said a member of the Association of Iraqi private banks Shirvan Imran "We need to support the government and give opportunities to compete with government banks," and urged "not to bet on the government banks only. "explained Imran that" so far, the instruments issued by private banks is not supported in government banks and government departments because of the actions of the Ministry of Finance ", calling for a" change these procedures and give a chance for a balance between everyone and is monitoring the work of everyone. "
For his part, said a member of the Preparatory Committee for the Conference Manager Ashur Shirvan Anwar Mustafa: The conference gives an opportunity to present a new strategy for the banking sector over the coming years and how the contribution of the sector and the banking sector contributes to the recycling process and funding beginning with the small and medium enterprises to large to major investment and every one have a strategy and mechanisms, tools and over the two days will have a review at the same time indicating that there will be an agreement or near agreement on the type of strategy and how the application and will be Mtsaúaln to the application in the next stage.
It is noteworthy that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by the property (7) government and banks (30) waged banks including (7) Islamic banks in addition to (6) of foreign banks.
[You must be registered and logged in to see this link.]
