Association of Banks: a new mechanism to address the determinants of development
BAGHDAD - Hussein al-Tamimi Tgb
Adopted the Association of private banks in Iraq, a new approach to address the determinants of promotion of the private banking sector, and evaluate the mechanism of dealing with government institutions through direct meetings with the relevant departments and direct contact with the private banks, where they are put up the problems faced by the work of banks in front of representatives of those departments to find a formula Direct solution, at a time when the government program stressed the advancement of banks.
The Association organized a seminar compiled with the Department of Registrar of the Ministry of Commerce companies to ensure display problems that bedevil the banking business and heard by the representative of the department and ask processors by which these problems are overcome, where the meeting was an important step after he made clear in front of the Department of Registrar of Companies, which has promised to overcoming all obstacles in accordance with legal regulations image.
began the seminar by asking the problems faced by private banks by the President of the Association meek Handal, who said that the private banking work requires cooperation from the Registrar of Companies and other government departments, the Department must Be quick to respond to the completion of the banks transactions, because it is related to the significant financial liquidity of interest to a large segment of the beneficiaries of firms or citizens, businessmen, pointing out that the government program, the text of the need for banking reform and give the private sector a real role in the management of the Iraqi economy.
and in his speech (morning) that the Association is trying to address all the problems facing the banking sector through meetings and seminars with each government department dealing with private banks, so as to arrive at a result facilitate the banking business through direct subtraction, stressing quest Association to accept circle instruments of private banks after obtaining the approval of the Minister of Commerce.
either representative of the Registrar of Companies Department has said talking to the mechanism of action in the circuit is the application of legal controls in the completion of all transactions, pointing out that this meeting clarified a lot of things that were not in the employee's accounts, referring to the adoption of a mechanism New for speed in completing the transaction, pointing out that one of the problems raised are dealing with companies registered in the Kurdistan region, and in turn we will consider this matter.
The Executive Director of the Association of private banks in Iraq, Tariq pointed out that cooperation with government departments aimed at promoting the local economy through harmony between the public and private sectors, pointing out that circles the Registrar of Companies and promised to address all the problems faced by private banks, the work of
the advancement of economic
and added that went Association comes to consider, inter problems that limit the development, where we are working to address each problem individually and directly, This helps to address all the problems and achieves a high flow of work in the private banks. Tariq said that the volume of work in Iraq and a large focus of the starting economic recovery starts from the banking sector, which should provide prompt service to local companies and countries wishing to work in Iraq, pointing out that the banking products offered by private banks is one of the attractions of the international effort evolving.
and said that private banks in Iraq requires a calendar control for its work by the authorities concerned and to consider her as a supporter Chairman of the process of sustainable development sought by the country, adding that the deal with the problems facing the mechanism of action has helped to create a sophisticated banking sector competes with regional and international banks.
He Tariq , to the advancement of the banking sector requires the preparation of human resources capable of dealing with advanced banking technology, which requires continuous organizing training courses in a high degree of development centers under the supervision of the best international expertise inside and outside the country.
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