US Treasury and the Association of Banks Taatdarcan ways of joint cooperation
US Treasury and the Association of Banks Taatdarcan ways of joint cooperation
2/11/2017 0:00
Baghdad / morning
discuss the US Treasury delegation and the Association of Iraqi private banks means of mutual cooperation between the two parties and the possibility of advancement of the Iraqi banking sector.
President of the Association Wadih Handal stressed that during the meeting , they reviewed the achievements of the private banking sector and presentation of work in place mechanisms for the advancement of human resources working in the banking sector and banking technologies and systems approved and those that fall within the bank ‘s plans for this year.
The delegation included the head of delegation , John Sullivan and Michelle Chatzl of the Bank of New York and the Reserve Rashid Naseem manager at Bank of New York and Leslie Young adviser at the US Treasury and the gift of Mary , energy consultant and economics.
Handal between the role adopted by the Association
to raise products continuously and enable them to compete with regional and international banks, as noted contributing to humanitarian relief goods and development of social projects
across the country , and this falls within the
social responsibilities incumbent
on the private sector offered to the people of the
community.
He said in a statement to the Association, to visit the Treasury delegation of US to the headquarters of the Association gave a strong and clear message about how the trust and faith of the Treasury trends and the work of the Association , which is the Central Bank of Iraq ‘s arm and the chance to tell the success stories of private banks in the areas of the country ‘s reconstruction and development of Al – Rashid Street Project Take Baghdad campaign headed by our folks Goodwill Ambassador musician Naseer Shamma that.
In turn , praised the head of the delegation , John Sullivan on the role of the special association in the development of the
banking performance through advanced training programs and orientations in support of the economy of the
family.
It was agreed between the two sides to hold a second expanded meeting attended by Iraqi banking leaders and representatives from the US Treasury and the Federal Reserve Bank of the US, it is dedicated to explain the obstacles and problems faced by the Iraqi banking sector, especially in the relationship with correspondent banks.
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