Iraq Banking Forum" concludes: Strengthening Alastmar

Came out "Forum Iraq banking", held his work on the two-day sessions at the "Venice" hotel in the presence of the governor of "BDL" Riad Salameh, the governor of "the Iraqi Central" Bank on the Keywords, a number of recommendations including "the development of the role of banks in improving the banking business and to increase its effectiveness , through the safe provision of credit and investment proper to serve the economic development in both countries requirements, and the promotion of foreign investment role and take advantage of the investment opportunities available in both countries.
"She stressed the recommendations on the need to" urge operating in Lebanon and Iraq to cooperate banking and the opening of branches and banking offices in both countries banks "He pointed to the importance of" the Central Banks of (Lebanese and Iraqi) the exchange of expertise and experience in the banking, economic and financial area.

"and referred to" the development of banking technologies and the transfer of expertise between the Central Bank of Iraq and the World Bank, "she said," Iraqi banks and branches of Lebanese banks in Iraq's commitment to work serious and within the timing set by the Central Bank of Iraq to the implementation of the technical requirements to join the National divider, according to electronic payment and instructions Services issued thereunder system.

"She also drew attention to the need" to urge the international information and the Lebanese specialized software and venture capitalists technology in both countries companies to enter the Iraqi market more effectively ", stressing the importance of" activating and developing joint agreement between all of the Iraqi Central Bank and the Bank of Lebanon to include cooperation in the field of combating money laundering and the financing of terrorism through exchange of information and training.

"In addition, the recommendations made ​​sure to" the formation of a joint committee between the Iraqi private banks association and the Association of Banks Lebanon to put the above recommendations into practice according to a timetable to be agreed upon between the two sides for this purpose.