Opening of the Conference of the Iraqi banking – Lebanese .. and 7 banks operate in a Beirut Baghdad

Opening of the Conference of the Iraqi banking – Lebanese .. and 7 banks operate in a Beirut Baghdad

04.27.2014 (0:01 pm)

Opening of the Conference of the Iraqi banking Baghdad / term-Presse

Opened the Iraqi Central Bank Governor Abdul-Basit Turki, the conference of the Iraqi banking – the Lebanese, which lasts for two days, and among that there are seven branches of the Lebanese banks in Iraq, confirmed the existence of requests for the opening of branches of other banks, he pointed to the pursuit of Lebanese banks to invest in Iraq and the expansion of open branches.
said a statement by the Information Office of the Central Bank of Iraq and received a (long-Presse), a copy of “The Iraqi Central Bank Governor Abdul-Basit Turki inaugurated the conference of the Iraqi banking – the Lebanese, who will continue on 25 and 26 this April in the presence of Central Bank Governor Riad Salameh as well as the personalities banking and economic of both countries. ”
the statement quoted Turki as saying that “the conference, which is held in cooperation with a group of Economics and Business Lebanese came in light of the successes of the Dubai conference the former,” noting that “Iraq and Lebanon Mhaian completely because the longer pioneers in this area.”
He Turkish that “the central bank realizes the size of responsibility and places of weakness in the Iraqi banking sector and sources of strength, so it is determined completely on to continue in this direction,” he said, adding that “the Lebanese banks that have opened branches in Iraq, which has become more than seven, her reality positive impact on the Iraqi economy. ”
He conservative “There are other requests of Lebanese banks to open branches in Iraq,” pointing out that “Iraq welcomes those branches provided an emphasis on the nature of the classification, which gives these banks in the country already, in order to be branches open branches in Iraq is serious and efficient and also can deliver this efficiency to the work of the Iraqi banking. ” He continued that “the Iraqi government and the Iraqi Central Bank are keen to embrace the latest banking technology in all Iraqi state banks, whether private or government to provide better banking services to the citizens.” For his part, the governor of the Bank of Lebanon that “Lebanese banks strive to create good opportunities to invest in Iraq through the expansion of open branches in this country.”
the statement quoted Group Chief Executive of Economics and Business Raouf Abu Zaki as saying that “there is an ongoing activity for banks Lebanese in Iraq, because they are looking for an opportunity in the Iraqi market, there is also a chance for the development of the Iraqi economy through the support of the Lebanese banks to him, “adding that” the policy of the Iraqi Central Bank was positive and prompted banks Lebanese and Lebanese companies to enter the Iraqi market with full force. ”
The Iraqi Central Bank revealed, on the fourth of this April for the opening of 15 branches of Arab and foreign banks in the country during the last three months of the current year, as a result of his policy of openness to the world, noting that the withdrawal of leave one branch of the Arab bank for violating the conditions provided for by law.
consists The banking system in Iraq from 43 banks, as well as the central bank, and are distributed according to the property between 7 and 30 civil government, including the Islamic 7, as well as six foreign banks.

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