Walkingstick: Abadi calls for the banking sector to transform the quality and quantity and confirms the activation of the role of private banks
Independent) … Prime Minister Haider al-Abadi called on the banking sector to make a leap in the quantity and quality of banking activity in Iraq, and stressed the government’s determination to activate the role of private banks.
Ebadi said in a speech read on his behalf by Minister of Planning and Salman al-Jumaili at the annual banking conference in Iraq and I followed (Independent) said on Saturday that “the banking sector’s role in building the national economy capable of advancement and development is to support the armed forces and the crowd and clans who Istron bright pages in the history of Iraq against Daash published his crimes in other countries, Iraqis are becoming larger Almtsidian him. ”
Jumaili said that “the banking sector in Iraq under the government sector for decades and with the confidence enjoyed by the Central Bank of Iraq and the limited number of State-owned banks, but the requirements of comprehensive political change and economic challenges set by the front.”
He pointed out that “the emergence of many activities within the Department of Banking Activities Kalkda banking and project finance all investment signs of a new need to consolidate and sustainability,” asserting that “the most important thing was adopted by the government in the reform package is to develop the financial sector through the issuance of a set of procedures and policies that emphasized the implementation and follow-up. ”
Jumaili He pointed out that “the country’s difficult financial circumstance as a result of lower oil prices at a time when its economy was characterized as a mono over many decades,” stressing that “the time has come to activate the economic, agricultural, tourism and other sectors.”
He stressed that “the adoption of a new philosophy of the state based on a free economy and privatization is supposed to support the actions of this transformation the emergence of a strong and efficient banking sector,” calling on the banking sector to “conduct an objective review of the problematic in some private banks, which harmed the interests of some of its customers and weakened the confidence to deal with it.”
Jumaili said that “banks and financial institutions the most important engine of the economy, development and reflected strength in many countries on the strength of its economy,” calling on the banking sector to “make a leap in the quantity and quality of the banking activity in Iraq.”
Jumaili and referred to the “lending for industrial and agricultural projects, housing initiative in the amount of 5 trillion dinars, as well as one text trillion dinars for small projects and launched a few days ago,” asserting “the determination of the government to take serious steps to ensure the success of this initiative.”
He said al-Abbadi in his speech that “the government is determined to activate the role of the private banks,” warning “to put obstacles delayed implementation of the fact that it intended to get the economy moving and to diversify its sources and reduce unemployment,” and threatened “to hold accountable for negligence.” (End)
Walkingstick: Abadi: It’s time to activate the economic, agricultural and tourism sectors
Saturday 12 December 2015 12:26
said Prime Minister Haider al-Abadi, Saturday, that the time has come to activate the economic, agricultural and tourism sectors, stressing that the government is determined to activate the role of private banks. Ebadi said in a speech at the annual banking conference Iraq, was read on his behalf by Minister of Planning and Salman al-Jumaili, The “Our country is going through a difficult financial circumstance as a result of lower oil prices,” noting that “the time has come to activate the economic, agricultural and tourism sectors.”
He added, “The government has launched days before the lending initiative for industrial and agricultural projects, housing $ 5 trillion dinars, as well as 1.5 trillion dinars for small enterprises, and the cooperation between the government and the World Bank have an important role in the success of this initiative.” He stressed, “The government is determined to activate the role of banks own. ”
Wslkingstick: The annual conference of the Iraqi banking
12/12/2015 12:30 | Direction Press / Baghdad
It kicked off the morning of the annual banking conference sponsored by the Iraqi prime minister Haider al-Abadi.
Said Wadih Handal Chairman of the Association of private banks in a speech during the conference that “the conference will discuss during the two things very important for the advancement of the banking sector and access to financial inclusion that we aspire to him.”
Alan: I’ve been trying to figure out what they mean by chunky.(see article below) I see or think they are trying to go cashless for employees having them use their cards.
Frank26: Keeping with less of me here is a short answer:
LD’s are coming in CHUNKS.
ALSO YOU MUST NOTE FROM NOW ON :
No approvals …… No amendments ……… No passing ………. No readings ……… JUST ACTIVATIONS.
LOL………. So much for a short answer 😉 KTFA Frank
Walkingstick: The central bank intends to develop a plan to attract funds chunky among the citizens of Asttmar
By Wab4 – December 12, 2015 15:55 0 17
Baghdad / WAP / confirmed the Iraqi Central Bank on Saturday, it will put the plan to attract the Iraqi currency chunky in the homes of citizens for the purpose of investment, noting that 77% of the Iraqi currency traded in the market are chunky in the role.
The governor of the Central Bank on the Keywords in the third banking conference held by the Association of Iraqi banks and I followed news agency, Baghdad International / WAP / that “77% of the Iraqi currency in circulation today in chunky in the homes market,” pointing out that “these funds are outside the banking sector “.
Keywords and added that “if the banks have done to provide services to customers in order to attract this money saved, it will contribute to move the Iraqi economy,” noting that “the central bank has a plan in order to attract these funds for the purpose of investment and moving the wheel of the Iraqi economy,” ./ ended
Walkingstick: Rafidain Bank calls for staff to use the smart card to prevent the theft of their salaries
BAGHDAD / JD / .. announced Rafidain Bank for its continuation in issuing the smart card (ironing Card) to their beneficiaries in the number of its branches, as called for to take advantage of this service is to prevent the theft of salaries.
The general director of the bank on behalf of Kamal al-Hassani said in a statement received / JD / a copy of it: that the bank and in coordination with the global smart card continues to grant Alveh card for some state employees, retirees and groups other covered by them after determining the number of its branches to receive that card.
stressing that ironing Card makes it easier for the holder receiving Roatbh anywhere and prevent the exposure of funds the movement of staff manually to their constituencies of theft by weak people. / End / 22 /