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Thread: March 2020

  1. #1
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    March 2020

    The Association of Private Banks holds a "Banking Cards and Electronic Services" course

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    Economy News - Baghdad
    The Iraqi Private Banking Association held, on Sunday, the "Banking Cards and Electronic Banking Services" course.
    The course is held in cooperation between the Association of Iraqi Private Banks and the Center for Banking Studies at the Central Bank of Iraq and a group of joint efforts.
    And 43 trainees participated in it, representing a number of governmental and private banks.
    The course also aims to strengthen the mechanism in the work of each technology in electronic payment and the role of customer service in light of the competitive environment.

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    Central Bank: Postponing payment of premiums due to beneficiaries of the Small and Medium Enterprises Support Initiative[/size]
    Political | 09:03 - 21/03/2020

    [...]
    [...]

    Baghdad - Mawazine News
    The Central Bank of Iraq decided, today, Saturday, to postpone the payment of premiums from beneficiaries of its initiatives to support small and medium enterprises.
    The Governor of the Central Bank stated in a statement that, “In light of the circumstances the country is going through, and for the purpose of alleviating the financial burdens of those dealing with the banking system,“ the Central Bank decided to postpone the payment of the premiums from the beneficiaries of its initiatives to support small and medium enterprises ”(one initiative) And five trillion dinars) for a period of three months, including (the real estate bank loans and the housing fund financed by the central bank) and that the postponement does not result in any increase in interest.
    The statement added that "the Central Bank continues its consultations with the departments of the various banks for the purpose of taking appropriate measures from them with regard to other types of loans.

  3. #3
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    The central bank informs Parliament of securing all employee salaries
    [...]


    The deputy of the Alliance of Other Citizens, Abbas Alaiwi, revealed that the central bank informed the parliament of securing all [...] employees despite the current financial crisis, and that the financial crisis is controlled at the present time.

    Aliwi said in a press statement that "the President of the Central Bank informed the House of Representatives that the [...] employees and all financial obligations of the government are insured and controlled in light of the current financial crisis after the collapse of world oil prices," pointing out that "the decline in oil prices is controlled at the present time."

    He added that "the House of Representatives will hold a session to discuss the deterioration of oil prices and the rise in the fiscal deficit in the 2020 budget after the lifting of the curfew in the health of the capital Baghdad and all of the country's provinces," noting that "Parliament will develop strategic solutions to avoid high deficits in the 2020 budget."

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