BAGHDAD - Hussein al-Tamimi Tgb
discussed specialists microfinance industry in the Arab world and the world at ways to develop this industry and its role in achieving the benefit of all segments of society and turning them to the workforce do production and services and make economic sense for countries.
Sanabel organizer of the conference in Sharm el-Sheikh is the most important in the Arab world and interested microfinance and includes most of the financial institutions in the Arab world and Iraq from within it.
President of the Iraqi private banks association meek Alhntl said: The participation of our delegation comes for microfinance in the region and the world experiences, at a time when Iraq was allocated represented by the Central Bank trillion dinars for small and medium projects, pointing out the importance of benefiting from the experiences of countries in this aspect and the means used for the advancement of these projects is a major contributor to the economic development process by selecting the most projects economically feasible for Iraq.
Handal pointed to the importance of the establishment of the largest number of beneficiaries of the small and medium enterprises allocations and make it a class producer, by taking advantage of available banking products in Iraq that can employ the service of Iraq's economy.
He noted that the delegation of the Association of international institutions supporting technically for these projects met especially in the field of training and qualification and credit officers and would support the Iraqi experience to prepare the best talent capable of directing our experience of direction that would benefit all practical parties flowing a result of the Iraqi economy service, pointing to obtain an agreement in principle with a specialized international institution in the development of specialized in microfinance field of human resources and how they contribute to the success of these commercial vehicles and make it the starting point of the development process.
The Iraqi network Microfinance Chairman Ahmed Abavi said: Iraq large base Microfinance owns and has the experience since 2003 in this field and the exchange of more than 600 000 small loan to this day in various productive and service sectors and working to develop this industry in all the joints because it is an important part of the overall development of international experiences stage proved
took place on the sidelines election conference of the Council Sanabel Arab network management and won Ahmed Abavi a seat in a representative of the Iraq network, and this helps to build bridges of cooperation with the countries of the region and the world and help attract the necessary support to do so.
As the Executive Director of the Association of Iraqi private banks Ali Tariq pointed out that microfinance represents the real starting point for the process of economic development point, pointing out that the private banking sector is able to finance in this direction and a calendar for the follow-up projects, is also working on creating capable of mastery of the HR
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