The Central Bank and the Association of Private Banks launch a campaign to provide relief to the displaced

27/01/2022

The Central Bank of Iraq and the Association of Iraqi Private Banks launched a campaign to provide relief to the displaced families in the camps in the Kurdistan region, through the “Tamkeen” Community Initiatives Fund, to alleviate their suffering during the current winter season .

Over the course of two days, food consisting of 30 tons of basic materials needed by the family, in addition to blankets and a heater for each family, numbering 3,000, were distributed in the camps of Erbil, Dohuk and Sulaymaniyah, to face the severe cold, and in the presence of representatives of the Central Bank, the Association of Private Banks, representatives of private banks and the Ministry of Migration and Displaced Persons in the Governments of Baghdad and the Kurdistan Region.

His Excellency the Governor of the Central Bank, Mr. Mustafa Ghaleb Mikhaif, said that "in order to alleviate the suffering of our displaced people who faced difficult conditions during the severe cold wave, the Central Bank and the Association of Private Banks distributed urgent relief to improve their humanitarian conditions."

He added that the Community Initiatives Fund, under the supervision of the Central Bank, provides full support to all segments of society without exception, but focuses on the most vulnerable groups that need urgent support, explaining that the Community Initiatives Fund will continue to provide support to empower people in these camps to return to their normal lives. and carry out their commercial activities .

On the other hand, the head of the Association of Iraqi Private Banks, Wadih Al-Handal, said, "The Association of Private Banks is proud of its strategic partnership with the Central Bank, as the Board of Directors of the Tamkeen Fund held an urgent meeting under the leadership of His Excellency the Governor of the Central Bank in order to launch a relief campaign to alleviate the suffering of the displaced because of the cold. Cruelty ".

He explained that the banking sector is still the real supporter of society, through continuous community initiatives since 2015 until now .

Announcement of the Community Initiatives Fund "Tamkeen "

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