The Minister of Finance praises the efforts of the Central Bank and the Association of Private Banks in supporting community initiatives

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Economy News _ Baghdad

A meeting between Finance Minister Fuad Hussein, the Association of Iraqi Private Banks, a number of private banks and a number of project representatives supported by the Tamkeen Community Initiatives Fund was held at the seminar hall of Baghdad International Book Fair.
The Executive Director of the Association of Iraqi Private Banks Ali Tariq to the great role played by the Central Bank of Iraq in support of community initiatives and sponsorship of the past and current sessions of the Baghdad International Book Fair and in cooperation with the Association of Iraqi private banks.
He added that the Association of Banks is working hard with the Central Bank to develop the banking sector.
On the other hand, the representative of the Bank of Baghdad at the meeting, on double taxation and the great damage done to the banking sector and the need to find an urgent solution to this problem.
While, the director of the Board of Directors of the National Bank of Iraq, Ayman Abu Dheim, "Some government agencies refuse to recognize the instruments issued by the Iraqi private banks, despite the existence of a partnership between the public and private sectors.
He added that these measures reflected negatively on the private banking sector and communication with foreign correspondent banks.
Meanwhile, Ashur Bank Chairman Nour Al-Hanalal expressed the great support that the CBI has given to the care of cancer patients through the establishment of the Academy of Cancer Fighters.
She called on the fighting child Tabarak to set up a private hospital for cancer.
The director of the Academy of Cancer Fighters, Tala, said that it is necessary to support children and provide them with urgent treatment because the failure to provide treatments led to the death of many children.
Nour's executive director, Noor Ayman Salman, called on Finance Minister to allocate land for the construction of a cancer hospital in Baghdad.
In conclusion, Minister of Finance Fouad Hussein praised the efforts of the Central Bank and the Association of Private Banks in supporting the community through the cultural and humanitarian projects that they have supported in the past two years.


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