Beirut hosts Iraqi banking forum

Tomorrow Press / Baghdad said a source familiar with the Marquis Bank of Iraq, on Tuesday, the Lebanese capital, Beirut will host during the current month Iraqi banking forum which will be attended by a group of Iraqi, Arab and foreign banks operating in the two countries. The source told "tomorrow Press," that "on 15 and 16 September now, it will be a date to host the Lebanese capital Beirut to the activities of Iraq Forum banking Beirut which takes place at the Phoenicia Hotel in Beirut with the participation of banking and large-Iraqi, Lebanese, in addition to the participation of the monetary authority in the two countries, represented by the Governor of Bank Iraqi Central Ali Ismail Keywords and Governor of the Central Bank of Lebanon Riad Salameh and with the participation of regulatory agencies and officials involved in all of the Iraqi Central Bank and the Bank of Lebanon. "

The source, who preferred anonymity, that "it is hoped that gaining this forum, which is organized by the Central Bank of Iraq and a group of Economics and Business in cooperation with the Central Bank of Lebanon, of particular importance to the Lebanese side of both the banking sector and in particular operating in Iraq banks, businessmen and investors who deal frequently with the Iraqi market and in various sectors. "

He explained that "the importance of the forum for the Iraqi side stand out from the themes to be discussed during the sessions, which will provide a presentation of the latest developments in the Iraqi economy developments, as well as banking developments and plans of the Iraqi Central Bank to promote financial reality."

The source continued, "As for the Lebanese side highlights the importance of the forum on about two things, namely the first is going to be the focus of during the meetings that will be held on the Lebanese banks operating in the Iraq experience, and trading in the views of these banks and the challenges they face, as well as opportunities in the light of the orientations of the Iraqi government through the adoption of banking system.

And "For the second command is represented in the closed bilateral meetings between the Governor of the Central Bank of Iraq and the executive heads of the Lebanese banks operating in Iraq, which could lead to Allmkn Hdl various dilemmas they face in Iraq."

The source noted that "the forum will also discuss and during different sessions for the participants, e-banking and mobile-payment, especially after the approval of the Iraqi government and the banking system of electronic signature law".

The source confirmed that "these sessions possible to provide ample opportunities for cooperation Lebanese Alaraca- in the field of electronic banking from readiness of Iraqi banks to engage in this field, and the experience gained by Lebanese banks over the past years, In addition, opportunities for various IT companies active in the field of software and solutions, particularly the role of mobile technology and services companies in the provision of innovative services, in addition to strengthening the capacity and sources of digital security. "

The banking system in Iraq is made up of 53 banks, as well as the central bank, and are distributed according to government ownership between seven and 44 waged, including seven Islamist, as well as six foreign banks and is distributed as follows: 600 branches throughout Iraq. %25D9%2581-%25D8%25A7%25D9%2584%25D9%2585%25D9%2584%25D8%25AA %25D9%2582%25D9%2589-%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7 %25D9%2582%25D9%258A-%25D8%25A7%25D9%2584%25D9%2585%25D8%25B5%25D8%25B1 %25D9%2581