Confirmed the Iraqi private banks association, said on Wednesday the existence of a serious approach to the success of small and medium enterprises experience because of its positive impact on the national economy, hoping to benefit from Arab and international experiences in this field.
This came through the participation of the Association and the Central Bank of Iraq, in the Small and Medium Enterprises Forum, which kicked off today in Amman, Jordan, under the title (the way of economic growth), to discuss "the challenges facing Arab banks, and their impact on the reality of small and medium-sized companies, and the importance of improving the chance The arrival of the sources of funding and to achieve economic and social development in the region ", with the participation of Arab bankers and representatives of Arab institutions involved in lending to small and medium enterprises and micro.
The head of the Iraqi private banks association, Wadih Nuri al-Handal, in an interview to the (long-Presse), said that "Iraq's participation in a forum of small and medium-sized enterprises, is very important because of the launch of the financing of these projects program by the Central Bank of Iraq, an amount trillion dinars to reduce unemployment." , noting that "the participants in the forum will be briefed on international experiences in the field of supporting small and medium enterprises to take advantage of them."
The bitter melon, that there is "a serious approach to the success of small and medium enterprises experience both from the Central Bank or the Association, because of its positive impact on the national economy."
It said Executive Director of the Association, Ali Tariq, in an interview to the (long-Presse), "The participants in the forum will discuss topics related strategies and mechanisms for the support and development of small and medium-sized enterprises, as economic growth axis in the Arab world, and financial inclusion as a platform to support small and medium-sized and micro enterprises a young age. "
He stressed Tariq, that "the conference will also discuss Arab experiences in the financing of small, medium and micro enterprises, as well as formulas and products of Islamic banking and its role in financing, and the subject of creativity and innovation to promote this type of projects and the role of governments and institutions in this area."
The Central Bank of Iraq, in, (the 19th of May 2015), the launch of a trillion dinars for private banks to finance small and medium enterprises loans.
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