Iraqi private banks association member Ziad Khalaf Abdullah Meets with Lebanese Minister of Economy and the Governor of the Bank of Lebanon


24/3/2016

Economy News / Beirut special ..

Met with Iraqi private banks association member Ziad Khalaf Abdullah , chairman of the International Development Bank for Investment and Finance in Beirut Alan Hakeem, Minister of the Lebanese economy , as Mr. Ziad Abdel Khalaf emphasized the pursuit of Iraqi private banks to open up to international banks, including the Lebanese, through the opening of branches of private banks in the country Arab step and first down to open branches all over the world , pointing to the role of the banking sector in the economic development process in Iraq through the financing done by bank and industrial, agricultural and commercial sectors , stressing the role of the Central Bank of Iraq plays in effective participation in the initiative launched to fund projects small and medium to revive the Iraqi market

In what is now a wise and Lebanese Minister of Economy welcomed the initiatives that promote mutual cooperation between the Iraqi and Lebanese sides in the business and finance sector
He expressed his country 's support and willingness to cooperate with banks in all banking and economic fields uncertain on the role of Iraqi private banks play, including the International Development Bank for Investment and Finance as Stzarh Kjer 's ambassador to the Republic of brotherly Iraq and that you need to such measures and plans are not usually the reconstruction of Iraq and put it on the right track
In a related development , Mr. Ziad Abdel behind Mr. Riad Salameh met with the governor of the Bank of Lebanon and the two sides agreed to discuss cooperation in the Lebanese and Iraqi banking sector and praised the opening of the representative office of the Bank for International Development for Investment and Finance, the first special Iraqi bank opens representative office in Lebanon
The chairman of Mr. Ziad Khalaf Abdul Excellency the Governor of the Bank of Lebanon direction of the International Development Bank for Investment and financing of Iraqi private banks at the local, regional and international levels to continue to progress, prosperity and development in the various processes and banking services
He praised the safety of the orientation of the private banking sector to expand patching work outside the Iraqi border and orientation towards the Arab world and compete in the global capital market and keep abreast of technological development taking place in the banking sector
For his part , President of the Board of Directors of the International Development Bank for Investment and Finance to the Governor of the Central Bank of Lebanon to the establishment of private banks in Iraq to work on an ongoing basis information for banking operations , including IT systems to combat money laundering and terrorist financing systems in light of the difficult circumstances that Iraq is going through and the region as a whole .

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