Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests can post but they do have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchMemberlistFAQLog inRegister
Help Us Drain the SWAMP in DINARLAND

REPORT TONY RENFROW for violating his Court Order to stay away from Dinar -

Judge's email: ksd_murguia_chambers@ksd.uscourts.gov
PHONE - 913-735-2340

DA's email: Scott.Rask@usdoj.gov
PHONE - 913-551-6730
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Post new topic   Reply to topic
Share | 
 

 Arab Monetary Fund: Cooperation with the Association of Iraqi private banks will be bigger in the future

Go down 
AuthorMessage
claud39
Elite Member
Elite Member


Posts : 264
Join date : 2018-11-04

PostSubject: Arab Monetary Fund: Cooperation with the Association of Iraqi private banks will be bigger in the future   Mon Nov 05, 2018 7:44 am

http://economy-news.net/content.php?id=14257


Arab Monetary Fund: Cooperation with the Association of Iraqi private banks will be bigger in the future








05/11/2018



Economy News Baghdad
The Arab Monetary Fund (AMF) said in its first visit to Iraq in 30 years that its cooperation with the Association of Iraqi Private Banks will be "bigger" in the future, pointing out the multiplicity of reasons for the low financial coverage in the Arab countries, considering that Iraq is ready to launch in the field of financial inclusion.
"The Arab Monetary Fund visited Baghdad at the head of a mission that includes a number of institutions such as the World Bank, the German Development Agency and the Global Alliance for Financial Inclusion," said Abdul Rahman Al-Humaidi, head of the IMF's board of directors. Technical assistance in the area of ​​financial inclusion, and we are happy to work with the Central Bank of Iraq, "noting that" the Governor of the Central Bank Ali Al-Aal wise leadership and an important role in the subject of financial inclusion. "
Al-Humaidi added that "the visit of the Arab Monetary Fund to Baghdad is the first since 1988, and henceforth the Fund will work with the other Arab financial institutions with Iraq and will do its part as required." He pointed out that "the CBI has a comprehensive view of the project of financial inclusion."
The Chairman of the Board of Directors of the Fund, "The purpose of the visit and meeting with the concerned parties, is to draw a general framework for financial coverage and then submitted to the Central Bank of Iraq, and then develop indicators for progress, and will not be a report is submitted and then ends, but there will be visits and reports To continue and work side by side with the Iraqi authorities to implement what will come in the issue of financial inclusion, and we look forward in the coming years to announce what we have reached by this technical aid. "
And Al-Humaidi that "Iraq has the most important infrastructure of human resources, because the Iraqi talents are known at the Arab and global levels in the financial and banking, and this is more important than other infrastructure and able to build the structures that lack it," pointing out that "Iraq is ready to launch in The scope of financial inclusion and does not lack anything in this regard. "
Al-Humaidi explained that "the percentage of financial coverage in the Arab regions according to a report prepared by international institutions is 12%, but the Arab Monetary Fund designed a survey distributed to the Arab countries consists of 5 main components, and after the survey results will be announced, and I expect the results This questionnaire is different from the results announced by international institutions as a general questionnaire that did not specialize in Arab countries, in contrast to the Arab Monetary Fund survey.
Al-Humaidi pointed out that "the reasons for the low percentage of financial coverage in the Arab countries are due to various reasons, including that the financial sector in the Arab countries is incomplete, but located in these countries is the banking sector only, and the rest of the components of the financial sector is in the process of growth, Such as insurance companies, financial leasing companies and insurance companies, and therefore can not achieve a high financial coverage without the rest of the components of the financial sector, in addition to access to finance and I think it is a matter that needs to use modern financial techniques.
Al-Humaidi said that "on the sidelines of the meetings, we met with a number of Iraqi private banks and found that they are ready to launch and have the ability and desire," but I thank the Association of Iraqi private banks, which had a major role in this visit and honored the team of the Association and visited its headquarters and understand them the nature of their work and their role In the Iraqi economy, and cooperation with the Association of Banks in the future will be the largest and greater role of Arab banks in the Arab, regional and international groups. "
Al-Hamidi pointed out that "the Arab Monetary Fund is optimistic about the growth of the non-oil sector in Iraq in the coming year and the years that follow."
"We are honored to come to Iraq after these years and I can assure you that it will not be the last, but several visits each year through other initiatives and workshops and technical assistance in the economic fields, capacity building and participation in conferences and accommodation," Al-Humaidi told Al-Iktissad News. High-level meetings ".
Back to top Go down
View user profile Online
 
Arab Monetary Fund: Cooperation with the Association of Iraqi private banks will be bigger in the future
Back to top 
Page 1 of 1

Permissions in this forum:You can reply to topics in this forum
Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS-
Post new topic   Reply to topicJump to: