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Governor of the Central Bank of Iraq visits the Iraqi Trade and Industrial Bank
July 16, 2023
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, conducted a field visit to the Trade Bank of Iraq (TBI) and the Industrial Bank.
On the sidelines of the visit, His Excellency met with the advanced staff of the two banks,
His Excellency the Governor, Trade Bank of Iraq (TBI) urged the
The Governor directed the two banks (Iraqi Trade and Industrial) to
His Excellency Mr. Al-Alaq stressed the need to
Central Bank of Iraq
information Office
16 - July – 2023
https://cbi.iq/news/view/2383
July 16, 2023
His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Al-Alaq, conducted a field visit to the Trade Bank of Iraq (TBI) and the Industrial Bank.
On the sidelines of the visit, His Excellency met with the advanced staff of the two banks,
- listening to the most prominent problems and challenges facing the two banks,
directing the necessity of harmonizing banking plans and directives with the program and objectives of the government and the Central Bank of Iraq,
stressing work to reform and develop the Iraqi banking sector.
His Excellency the Governor, Trade Bank of Iraq (TBI) urged the
- need to open a permanent and advanced center for conducting commercial transfers to
provide its services with speed and accuracy that contribute to the
implementation of the largest number of such transfers at low wages,
thus contributing to encouraging the entry of merchants into the external transfer system and
achieving stability in the market and the exchange rate.
The Governor directed the two banks (Iraqi Trade and Industrial) to
- focus their credit and lending policies towards expanding and diversifying the productive base, and
supporting the private sector with small and medium enterprises initiatives,
due to its impact on economic growth and reducing unemployment among large segments of society.
His Excellency Mr. Al-Alaq stressed the need to
- raise the level of customer services and
invest in modern financial technologies to develop banking services and
attract the public to achieve financial inclusion and
enhance capabilities to finance various economic activities.
Central Bank of Iraq
information Office
16 - July – 2023
https://cbi.iq/news/view/2383
