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The Governor of the Central Bank of Iraq presides over a meeting with bank administrations in Erbil

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The Governor of the Central Bank of Iraq presides over a meeting with bank administrations in Erbil

July 10, 2023

    Today, Monday, His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, chaired a meeting with bank departments located in the Kurdistan region of Iraq.

During the meeting, they discussed the

    affairs of the banking sector in the region and
    upgrading its work to keep pace with developments,
    enhance financial inclusion and
    spread the culture of electronic transactions.

    What was presented by the Association of Iraqi Private Banks about the procedures related to the projects put forward by the Central Bank of Iraq during the past weeks, represented by the establishment of the Al-Riyadah Bank for Small Projects and the Loan Guarantee Company and the establishment of the Finance and Business Center, was also reviewed, praising the positive steps and progress made in them.

    His Excellency had, on the sidelines of his visit to the region, visited the branch of the Central Bank in Erbil, and held a meeting with the General Manager of the branch, Mr. Kazem Namik Ahmed, and department officials, listening to the mechanism of the branch's work and the challenges facing its work.

His Excellency urged the branch's employees to

    work diligently, and to provide the best banking services to the residents of the geographical area that the branch supervises,

    directing the need to strengthen the supervisory and oversight position of the Central Bank over banks operating within its jurisdiction.


    Central Bank of Iraq
    information Office
    10 - July – 2023
 
https://cbi.iq/news/view/2373
https://cbi.iq/news/view/2374 repost
 


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