Association of Iraqi private banks to hold a workshop of the banking system and enhance financial coverage

Economy News _ Baghdad

The Association of Iraqi Private Banks, in cooperation with the Central Bank and the Joint Efforts Group, held a workshop on Thursday entitled "The Banking System and Enhancing Financial Inclusion", with the participation of a number of government and private banks and electronic payment companies.


The meeting was attended by Deputy Governor of the Central Bank Munther Al-Shaikhli and a number of general managers in the bank and the director of management and training in the Association of Iraqi private banks Ahmed al-Hashemi, the adviser of the Association Samir Nusairi and representatives of banks operating in the country and the Executive Director of the Department of Financial Stability in the Central Bank of Jordan Mohammed al-Amayrah.


"Financial inclusion is a key pillar in the process of sustainable economic and social development through the creation of real opportunities for the members of the society in different segments of the youth, women and others to access financial services in a small way," said Munther Sheikli, deputy governor of the Central Bank of Egypt.



"The central bank seeks to support financial coverage through the implementation of small and medium-sized enterprises, integration with the international community and cooperation with Arab organizations, Which are working within the framework of financial coverage, including the Arab Monetary Fund and their strategic partners from the World Bank, the German Agency for Development and the Global Alliance for Financial Inclusion through participation in the regional team for financial inclusion. "


He added: "Today we start our activities through the establishment of this workshop, which focuses on the concepts and strategies of financial inclusion and the role of the Central Bank and the financial and banking sector to enhance financial coverage and shed light on the experiences of Arab countries and implementation of the strategy of financial inclusion."


For his part, the Executive Director of the Financial Stability Department at the Central Bank of Jordan, Mohammed Al-Amayra, the experience of the Bank of Jordan in launching the strategy of financial coverage for the year 2017 and its success, and benefit from and applied in Iraq by banks operating in the country.

During the workshop, the Executive Director of the Financial Stability Department at the Central Bank of Jordan, Mohammad Al-Amayra, was honored by the Director General of Payments Department at the Central Bank of Iraq, Suha Abdul Karim.




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