Al Nassiri: Central Bank stability strategy and financial inclusion and banking refor
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  1. #1
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    Al Nassiri: Central Bank stability strategy and financial inclusion and banking refor

    Al Nassiri: Central Bank stability strategy and financial inclusion and banking reform


    21/08/2016 13:52


    Banking expert Samir Al Nassiri Government banking sector faces challenges and obstacles at present wetathirat and reflections of the economic and financial crisis experienced by Iraq funding and investment activity for banks

    Al Nassiri said that it is important and essential role that needs to be done by the Central Bank's financial stability and banking reform by activating mechanisms and operational procedures for its strategy for the years 2016-2020

    Al Nassiri pointed to a number of proposals to build stability in the financial system and to support the development and reform of the banking sector to restore the confidence of citizens and customers of the Iraqi banking sector and particularly banks, and work to increase the proportion of savings in banks to compactness outside banks where savings accounted for 23% and 77% compactness, and complete the structural and technical underpinnings for proactive monitoring. As well as activate the procedures to establish institutions and deposit guarantee and credit laws.

    He stressed the need to review and evaluate the results of banking and reclassified by accredited international companies. And identifying vulnerable banks requiring intervention by the Central Bank to restart their activity and bankruptcy protection. Assistance and support to banks that suffered damage in the provinces entered by ISIS. Address window selling currency and try alternatives instead.

    Al Nassiri pointed out the importance of strengthening Central Bank initiatives in SME finance and contributes to the revitalization of the economic cycle and diversify resources of the general budget for 2016.


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  2. #2

    Re: Al Nassiri: Central Bank stability strategy and financial inclusion and banking r

    BGG spoke of a tipping point in the economy IMO that is up to the CBI and they seem to be sitting on top of it. They again are talking about going to a single currency,THEIRS,which is what the IMF wants. Mosul should be in line very soon the international investergators are there . Time to get this show on the road!

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    Re: Al Nassiri: Central Bank stability strategy and financial inclusion and banking r

    Thank you for you input Jim. The SME has been mentioned a lot as of late within these finance article. Correct me if I'm wrong, but isn't that the Small Medium Enterprise that funds the
    private sector?

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