Association of private banks is discussing with the US Treasury delegation and the reality of the Iraqi banking sector and its future
Economy News / special ...
updated 09/02/2017
- 16:45
It examined the Iraqi private banks association with a delegation representing the US Treasury, headed by John Sullivan , the reality of the banking sector in Iraq and the prospects for its future in light of the need for Iraq Massa comprehensive sustainable development of the private sector plays a key role in it
And accept the President of the Association of private banks and depositary Handal During the meeting, the role of the Association in promoting the sector of Iraqi banks and contributing to the humanitarian and developmental and traditional social projects, explaining that this meeting will be followed by an expanded meeting with the US Treasury, the Federal Reserve Bank are also involved
During the meeting, which was held in Maqralrabotth Baghdad Search steps, mechanisms and procedures carried out by the Association of private banks to hire domestic and foreign banking operations for the contribution of the private Iraqi banking sector in the development and the fight against money laundering and the introduction of modern banking technology and cooperation with the Central Bank of Iraq in the implementation of Strutijeth the next five years
It also reviewed the efforts made by the Association in the field of training and qualification of human resources in the banking sector and focus on training programs in risk management, particularly credit risk management and the fight against money laundering and terrorist financing , and strive to build a sophisticated international banking relationships with banks sober messaging
It was also touched on the success stories carried out by private banks through its participation in the reconstruction of Iraq, particularly the development of Rasheed Street Project (Take a Baghdad) and its contribution to the (campaign of our people) headed Ssadoralnwaya good Amoosagarnasirschmh to aid Iraqi families displaced by.
And through the chairman of the US Treasury John Sullivan delegation expressed appreciation for the efforts of the private banks association and its president, Wadih Handal in the development work of private banks through the training of banking cadres and develop advanced training programs
He explained that the training is an important point in the style of work of Iraqi banks and help the staff in providing the best banking services to clients
The meeting of the US Treasury John Sullivan, Head of Delegation and Michelle Chatzl attended the New York Reserve and Rashid Nasim manager at Bank of New York and Leslie Leong Bank adviser at the US Treasury and Andre Jalsa director in the economy, and Mary the gift of energy and economic consultant. https://economy-news.net/content.php?id=6689