Call for the adoption of an effective policy for the management of liquidity

Well, this article is telling a lot about why the people have note put their money in the banks as of yet, and I do not blame them!
 

2/2/2016 0:00

BAGHDAD - Hussein al-Tamimi Tgb

The competent banking affairs Mohammad Ali Jaber stressed Dharorhalnhod by bank management and the delivery of services to the public high smoothly beneficiaries at all levels of firms or citizens.

 He said in an interview for «morning» that the banking sector the most important economic development axes, for providing the necessary liquidity for investment projects, which requires sound management of liquidity banks away from the scarcity shortage, which some of the banks may face.

Deposit guarantee

He Jaber to speed up work on legislation Deposit Insurance Act, which encourages the currency bloc chunky transfer in homes to private banks, because it provides the necessary rights of depositors guarantees and creates bridges of trust between the parties to the process and achieve significant economic feasibility of the country by employing money chunky in investment projects that benefit everyone Parties.

Liquidity indicators

He noted the importance that the work of commercial banks manage the development of assets and liabilities section be within the organizational form of treasury management deals with the liquidity indicators in the bank and which are summarized monitoring and calculating the available liquidity formatted to meet the withdrawals unexpected that may lead to confuse the work and affecting his reputation in the center
Banking.

Knowledge of liquidity

Jaber said that this section can find out from the management of the bank liquidity available, noting that help banks to develop the necessary liquidity to manage the available steps in the bank funds.

And graduate student departments of banks should develop an appropriate policy for the management of daily liquidity and the definition of its elements and the ultimate goal of creating a section that gives a clear picture of the movement of funds and assets
Real. He said that the Iraqi economy requires size provides all the banking systems which indicate the movement of funds meticulously, pointing to the existence of sophisticated technology adopted by the international banks prefer to work on the transfer to Iraq in the coming period.

A large volume of work

He attributed the causes of the evolution of local banks, the existence of a large volume of work in Iraq's banking sector requires a level of responsibility, noting that Iraq needs to be large projects in all cities, without exception, and this is one of the main reasons for pushing for the creation of a solid banking sector capable of dealing with figures

Large.



He stressed that the specialized affairs banking human resources capable of developing Kablyatea and mastery of advanced technology required by the Iraqi banking sector, which raise the economic would and achieved great economic feasibility of the local economy and this is what has been private banks to work with the introduction of Mlakatha in several training sessions inside and outside

Iraq.


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