View Full Version : The Association of private banks is to stabilize the exchange rate

Hue Mi
08-05-2014, 07:25 AM
The Association of private banks is to stabilize the exchange rate (http://www.alsabaah.iq/ArticleShow.aspx?ID=75298)

05/08/2014 12: 00 am

In the presence of the most senior member of Parliament first meeting

Baghdad-Hussein thghb Al-Tamimi

The new Board was elected to the Association of private banks in Iraq as President and Deputy for the President and Financial Secretary and was the unanimous choice to have Ashur Chairman and Iraqi Deputy Union Bank and investment bank served as financial.

This came during the first meeting of the Commission and attended by the most senior member of Parliament Dr. Mahdi Al-Hafidh, who initiated the meeting by saying that Iraq is looking forward to a sophisticated banking system to contribute to nation-building, stressing the need to adopt a clear strategy on banking reform.

He said that the new phase in the success of the elections and the election of the President of Parliament and the Government requires the Foundation to build a State of institutions based on the spirit of the Constitution and push the private sector must play its role and especially the banking sector because of its importance in sustainable development programs and called the executive authorities of the need to support the orientations of the targeted banks.

He recalled the calls launched by the international financial institutions and the International Monetary Fund and the World Bank private banking sector should be given a strong boost to the economic profile led towards transition to a market economy, which Guaranteed by the Constitution, and was Chairman of Ashur may park the first ASEAN meeting chaired by augurs and reflects the keenness of the administrative body of the Association to coordinate positions towards the strengthening of the role of the banking sector.

Bitter melon custodian disclosed after the meeting chaired by the promising and ambitious programme of the Association on the access road to the reputation of the banks to the global level and build bridges of trust and cooperation with the parliamentary committees and the executive organs of the success of its pointing to the willingness of banks to support and strengthen monetary policy by the Central Bank of Iraq, especially in the field of maintaining the stability of the exchange rate.

then the paragraphs of the programme which included several paragraphs to improve the performance of the Association and their employees were scheduled to set up The promised work plans.