The Central Bank signs with the Arab Union for Commercial Arbitration a memorandum of cooperation for training programs

23-07-2017 02:57 PM



The Central Bank of Iraq and the Arab Union for Commercial Arbitration and Settlement of Disputes signed a memorandum of cooperation which includes the implementation of joint training programs between the two parties.

The Director of the Information Office of the Central Bank of Iraq said in a statement that 'the signature of the Governor of the Central Bank Ali Alaq aims to benefit from coalitions and methods of cooperation between the Central Bank of Iraq, which is on the pyramid of the banking system and represents the authority supervising the performance of banking and the Arab Arbitration Union.

He added that 'the agreement included the provision of logistics services and determine the appropriate place for those training and development programs according to training needs that are determined by the Central Bank of Iraq, both inside and outside Iraq.

http://www.ikhnews.com/index.php?page=article&id=158114

Economy News Baghdad:

Central Bank Governor Ali al-Alaq said on Wednesday that the central bank has actively sought with the government to give a role to the private banking sector through the trust it has given it.

Al-Alak said in a speech at a ceremony organized by the International Islamic Bank on the occasion of receiving the certificate of quality in information security, which was attended by "Economy News", "The banking sector must apply to all formations and institutions of the state in the use of information technology, "The banking sector must be confident of its steps and methods and be subject to the examination process at any time in accordance with international standards to raise its position globally, and this is achieved through certificates granted to quality management and give full confidence to the Exchange rate. "

"The theory of strong eating weak because the current theory of rapid eating slow, power is fast and the use of modern technology," noting that "what has been achieved by the International Bank today is a trend required in the arrangement of the house, especially when it is related to the process of organizing payments and create a network with Citizens by using different types of cards. "

He stressed that "the central bank has actively sought with the government to give a role to the private banking sector through our insistence on granting confidence to him."

http://economy-news.net/content.php?id=8323

Governor of the Central Bank of "Economy News": expect economic movement in the next stage


Economy News Baghdad:

The governor of the Central Bank, Ali al-Alak, on Thursday, the occurrence of economic movement across Iraq in the coming days after the liberation of security forces in the city of Mosul from the organization of Daed.

Al-Alak said in an exclusive interview for "Economy News" that "Iraq is ahead of the economic movement resulting from the reconstruction and construction movement in the liberated provinces of the organization is calling," noting that "Iraq will be able to attract foreign investment because of the stability of the security situation and increase the number of investment opportunities" .

He added that "foreign investment will not be achieved only by the existence of an efficient banking sector able to absorb this role and interact with him and be a supporter and financier and facilitator of these operations," explaining that "the central bank now is pushing banks to prepare for advanced roles until the development of its programs and systems so that you can Support investments in the country ".

http://economy-news.net/content.php?id=8337