Handal calls for creating banking awareness in Iraq

 

economy

Since 11/23/2016 18:42 pm (Baghdad time)

Baghdad balances News

The head of the Iraqi private banks association Wadih Handal to create a banking awareness in Iraq and achieve financial inclusion horizontally through the delivery of banking products and services to all cities and towns.

Turning Handal during the second session of the Forum held in the Iraqi banking sector in Beirut today to the positive relationship between the Association and the Union of Arab Banks, stressing “the need to invest a memorandum of understanding between the two sides in the issue of banking compliance and transfer of successful experiences of banks to Iraq in particular the Lebanese.

He called bitter melon is to “expand the government deposits in the Iraqi private banks, noting in particular the settlement of salaries of employees in these banks,” noting that “state revenues are still exclusively on government banks,” referring to “the existence of initiatives in this area bode well.”

He pointed to “the allocation of $ 6 billion initiative to support agricultural and industrial sectors,” stressing “the importance of providing certain guarantees repayment of loans by localization of the employees’ salaries in the private banks.”

Turning to the issue of the launch of deposits citizens in the province of Kurdistan banks stressing “the need to pay special attention to this issue to shore up confidence in the banking sector.”

She spoke during the meeting, Director General of the President of the Board of Directors of the Rafidain Bank, Khawla al-Asadi about the experience of the bank since its inception has so far confirmed the need to strengthen the Iraqi depositors in banks in general confidence and take advantage of the banks, Arab and foreign countries experiences.

For his part, the Iraqi banking expert Samir Abbas Nasiri talked about Iraq’s dependence on oil, which is almost entirely around the country to yield neglected other development sectors of its economy due to a shift to a single-source economy.

And accept the evolution of the Iraqi banking sector in the areas of deposits, capital and credit growth, monetary banking.

He pointed out the reasons for failure of some of the private banks and the efforts of the Iraqi Central Bank to overcome the obstacles faced by them and exclude filtering procedures by adopting a policy of integration rather than liquidation.

He noted that the Iraqi Central Bank and the private banking sector, they were working as a team now, after they worked Kfriqin inept in the past.

The expert stressed Alnasiri the need to involve the private sector in Iraq, particularly Iraqi private banks association in shaping national economic policy through the activation of Economic Reform Act which provides for the establishment of Supreme Economic Council in Iraq.

At the conclusion of the meeting, secretary general of the Union of Arab Banks Antoine Hbeich adviser spoke about the importance of the independence of the private banks in shaping policies to be able to compete also stressed the importance of opening opportunities for private banks, its potential and its own bold and work in banks as customers.

And it kicked off this morning in Beirut businessman Forum Iraqi banking sector titled (restore confidence and avoid withholding money from banks) in the presence of Central Bank Governor Dr. Ali Keywords and general secretary of the Union of Arab Banks and Sam Fattouh and head of the Iraqi private banks association Wadih Handal and vice president of the Bank of Lebanon and a number of Iraqi Banking Leadership .anthy 29 / tc n

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Keywords: central succeeded in reducing inflation and addressing farmers and contractors dues

 

economy

Since 11/23/2016 18:01 pm (Baghdad time)

BAGHDAD balances News

The governor of the central bank on the Keywords that the bank has succeeded in ensuring price stability and the reduction of inflation and achieve the highest degree of financial stability as well as its role in the face of the financial crisis in Iraq and the treatment of farmers and contractors dues, and called on private banks, which exceeded the number to 30 private banks as well as 15 branches of banks Arab and foreign countries to promote their products and services.

This came during a business forum of the Iraqi banking sector titled (restore confidence and prevent money from banks withheld)

Which began in Beirut this morning in the presence of Central Bank Governor Dr. Ali Keywords and general secretary of the Union of Arab Banks and Sam Fattouh and head of the Iraqi private banks association Wadih Handal and vice president of the Bank of Lebanon and a number of Iraqi leaders Banking

He gave Governor of the Central Bank of Iraq, the word at the beginning of the forum reviewed the bank’s activities in promoting the work of the Iraqi private banks, which has seen a significant expansion as more units than the 30 private banks as well as 15 branches of Arab and foreign banks, while State-owned banks remained unchanged without expansion.

He stated that this expansion requires a lot of care and attention by the central bank, especially Maitalq Pthchinha in the face of problems

Keywords and pointed to the role of the Central Bank of Iraq in the face of the financial crisis in Iraq and the treatment of farmers and contractors dues.

Keywords praised the efforts of the Secretary General of the Union of Arab Banks, pointing out that “the existence of Lebanese banks in Iraq was largely the focus of our respect and appreciation, because the Lebanese banking sector has a long history and has faced big problems was able to overcome them.”

“I appreciate this banking Elhoudoralbannana that preceded the other countries were not present in only part of the business, but in the convergence of social Thafik myself between the two countries.”

Turning the governor of the Iraqi Central Bank to the Bank’s role in “the achievement of price stability and the reduction of inflation and achieve the highest degree of financial stability as well as its role in the face of the financial crisis and the requirements of the war with al Daesh terrorist.”

He also praised the role of the central bank “lend small and medium enterprises to achieve socio-economic growth,” declaring that he “is now expanding this initiative which he described the job.”

The governor pointed to “open the door of the government to deal with private banks through the decision to allow private banks to distribute the salaries of government employees.”

Turning to the “Lebanese banks have a problem with the Kurdistan region,” pointing to “the central bank reached an initiative with the province to pay cash dues that are paid instruments later.”

The Governor emphasized that “Iraq is fighting a last stage of the confrontation with terrorism,” expected to “witness the next phase of stable growth and recovery and economically significant in the whole of Iraq.”

He called on the governor of the Central Bank of private banks “to promote their products and services offered to customers in order to attract customers and give them more confidence,” .anthy 29 / tc n

 

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Cabinet held its regular meeting under the chairmanship of Prime Minister Dr. Haidar al-Abbadi

 

 

The cabinet held its regular Wednesday headed by Dr. Haider al – Abadi.

During the meeting , discussion of the draft basic principles of the law ofprovincial and district council elections , which includes reducing the number of members.

They also discussed the OPEC decision regarding the reduction of oil production and the official position of Iraq , which stands with the reduction decision.

In the higher education sector and sobriety education in Iraqi universities were (launching scientific laboratory quality standards) will also be launching Standards (Higher Education Accreditation) and standards (national ranking Iraqi universities).

They also reviewed the challenges facing the country and the victories achieved by editing Afar Airport and some villages in addition to discussing the future of Nineveh and to emphasize that he does not fear for the future of Nineveh, and will be re – stabilize it and to emphasize the absence of any direction to set the military ruler. Wu JH Council of Ministers by the ministries of electricity, oil, industry and commercial bank lending to facilitate the setting up processing units for crude oil to meet the needs of the Ministry of Electricity in Qayyarah other terminals that receive crude oil or transmitted to invest. The Board also directed the establishment of the Ministry of Commerce to secure the ration card items for families in liberated areas.

http://pmo.iq/press2016/23-11-201602.htm

Mosul battle: Iraq militias ‘cut off IS access to city’

 

• 3 hours ago
• From the sectionMiddle East

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Image copyrightEPA

Image captionThe Shia-dominated Popular Mobilisation force is making gains to the west of Mosul

An Iraqi paramilitary force says it has seized a key road west of Mosul, effectively encircling the city controlled by so-called Islamic State.

The Popular Mobilisation (Hashd al-Shaabi) declared it had taken control of the road between Tal Afar and Sinjar after linking up with Kurdish forces.

IS militants still control the section of the road between Tal Afar and Mosul.

Meanwhile, an air strike reportedly hit another bridge in Mosul, as troops advanced further into eastern areas.

There is now only one functioning bridge left spanning the River Tigris, which flows through the city.

About 50,000 Iraqi security forces personnel, Kurdish fighters, Sunni Arab tribesmen and Shia militiamen are involved in the five-week-old offensive to drive IS militants out of their last major urban stronghold in the country.

The Popular Mobilisation, which is dominated by Iranian-backed Shia militias, said it had cut the road between the IS-held town of Tal Afar, 50km (31 miles) from Mosul, and Kurdish-controlled town of Sinjar, 45km (28 miles) further west, on Wednesday afternoon.

A Kurdish security official told the AFP news agency that PM fighters had linked up with other anti-IS forces, including members of the Turkish Kurdistan Workers’ Party (PKK), in three villages in the area.

A prominent PM leader, Abu Mahdi al-Mohandes, suggested it would now focus on severing the route between Mosul and Tal Afar.

But the PM has been warned by the Turkish government not to attempt to storm the predominantly Sunni Turkmen town, from which thousands of civilians have reportedly been leaving.

Tal Afar official Nuraldin Qablan told Reuters that about 3,000 families had fled the town, with half of them heading south-west towards Syria, and the other half towards Kurdish-held territory in the north.

“We ask Kurdish authorities to open a safe passage for them,” he said.

Image copyrightEPA

Image captionThe Popular Mobilisation recently captured Tal Afar’s military airport, south of the town

Shia militias have been accused of committing serious violations, including abducting and killing Sunni civilians, during previous operations against IS.

http://emp.bbc.com/emp/SMPj/2.7.19/iframe.html

Media captionAyman Oghanna goes on patrol with the Iraqi government forces as they attempt to sweep the area for civilians

Also on Wednesday, troops continued to advance further into eastern Mosul, where they have faced fierce resistance from the 5,000 to 6,000 militants estimated to be dug in inside the city.

Earlier, the US-led multinational coalition supporting the offensive bombed another of the bridges over the River Tigris that link eastern and western Mosul.

An Iraqi military commander told the Associated Press that the strike on the so-called Third Bridge had taken place before dawn, while a report by IS’s self-styled news agency, Amaq, reported that it had been “put out of service”.

Image copyrightAMAQ

Image captionAn IS-linked news agency posted video purportedly showing a bridge damaged on Monday

There were five functioning bridges over the Tigris in Mosul shortly before pro-government forces launched a major offensive to retake the city on 17 October.

A month ago, a US air strike destroyed the Second Bridge, in the city centre. Two weeks later, another strike took out the Fifth Bridge, to the north. On Monday, Amaq reported that the Fourth Bridge, the southernmost, had been damaged.

“This effort impedes Daesh’s freedom of movement in Mosul,” coalition spokesman Col John Dorrian told Reuters news agency on Tuesday, using a pejorative term for IS based on the acronym of its previous name in Arabic.

Image copyrightAP

Image captionThe UN has expressed concern for the up to 1.5 million civilians estimated to be inside Mosul

“It inhibits their ability to resupply or reinforce their fighters throughout the city.”

However, the UN’s International Organisation for Migration warned that the destruction of the bridges could hamper the evacuation of the estimated 1.5 million civilians inside Mosul.

The UN says 68,000 people have been displaced in the past five weeks, with 59,000 coming from districts surrounding Mosul and the rest from inside the city.

http://www.bbc.com/news/world-middle-east-38079602

 

ISIS in Mosul cut off from western escape, supply routes

 

By Rudaw 10 hours ago

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http://www.vod-platform.net/Embed/kWxAJQfT0sAG42zHqbgtzA?relvideos=1&responsive=1

ERBIL, Kurdistan Region – ISIS militants can no longer escape from Mosul or bring in more fighters to reinforce their forces in the city, a coalition spokesperson said on Wednesday.

Hashd al-Shaabi forces approaching Tal Afar aimed to cut ISIS in Mosul off from Raqqa, Syria and disrupt the group’s escape and supply routes.

“That’s exactly what they’ve done to date,” said Col. John Dorrian. “They’ve stopped Daesh from being able to escape or to bring in more fighters. That’s been a very effective move by the government of Iraq and thus far it’s worked out very well.”

Senior Hashd al-Shaabi commander, Abu Mahdi al-Mohandis, confirmed on social media on Wednesday that their forces have “cut off the Tal Afar-Sinjar road.”

The Shiite forces are coordinating with other forces in the area, including the Kurdistan Workers Party (PKK), a Kurdish security official told AFP.

In Mosul, Dorrian said that many ISIS fighters are dying in place as Iraqi forces continue to make progress in a slow, tough, dangerous fight. Almost half of eastern Mosul has been taken, constricting where ISIS is able to move and operate, making it more difficult for the extremist group to react to army advances from the north and the south.

– See more at: http://rudaw.net/mobile/english/middleeast/iraq/231120164#sthash.MYJ2xm11.dpuf

 

The General Assembly of the Union of Arab Banks will hold its regular meeting

 

Beirut special ..

The General Assembly of the Union of Arab Banks held its regular meeting today and Azarethma the Carthage Hall Hotel in Venice investors the opportunity of the Arab banking Almertmr which kicks off its tomorrow morning

And trading participants through the last-minute financial and banking developments audit at the level of member states of the Union, including Alaracmn

The meeting which was attended by President of the Association meek Handal and the number of participants in the Iraqi banking forum, which concluded this afternoon also dealt with

Arab Banking relations and global banking institutions

This Scark everyone tomorrow in the activities Conference (OIC) tomorrow morning

http://economy-news.net/content.php?id=5912

 

Maya Gebeily – Twitter

 

	Maya Gebeily (@GebeilyM)
11/23/16, 7:14 AM #BREAKING: IS-held #Mosul completely cut off: Iraqi officials – via @AF

 

Iraq seeks to merge PMU militias under new image

 

Iraqi Sunni Muslim fighters from the Popular Mobilization Units take part in a parade during a ceremony marking the Iraqi Police Day at Amiriyat al-Fallujah in Anbar province, Iraq, Jan. 9, 2016.  (photo by REUTERS/Thaier Al-Sudani)

Read more: http://www.al-monitor.com/pulse/originals/2016/11/pmu-iraq-west-human-rights.html#ixzz4Qpgr4Vwd

BAGHDAD — Iraq’s parliament plans to vote Nov. 26 on a proposal to integrate the militias that operate under the Popular Mobilization Units (PMU). The proposal follows a July 27 order by Prime Minister Haider al-Abadi to make the PMU militias a united governmental force under his direct supervision.

Summary⎙ Print Popular Mobilization Units leaders are meeting with Western politicians and diplomats regularly, trying to improve the group’s reputation in the West.

Author Mustafa SaadounPosted November 22, 2016

TranslatorSahar Ghoussoub

The PMU, a state-sponsored umbrella organization for dozens of mostly Shiite militias, has been lobbying to improve its image in the eyes of the international community by meeting with Western leaders, politicians and diplomats. PMU leaders hope their efforts will help dispel its image as a group of outlawed militias and repair its reputation with the international human rights community. Since its inception in June 2014, the PMU has been accused of human rights violations againstcivilians in the areas where it has been involved in fighting the Islamic State (IS).

On Oct. 26, Sadrist movement leader Muqtada al-Sadr met with Patrick Samonet, the European Union ambassador to Iraq. Sadr’s Peace Brigades force within the PMU earlier this year threatened to attack US troops in Iraq.

According to Sadr’s website, Sadr and Samonet discussed the humanitarian situation in Iraq and the battle to liberate Mosul, as well as the EU’s role in supporting Iraq at the humanitarian level.

Hadi al-Amiri, the secretary-general of the Iraqi Badr Organization, which has a Shiite military wing, has been a busy ambassador recently for the PMU. He also met with Samonet on Oct. 10 to discuss the war against terrorism and the need to provide humanitarian support for the displaced. During the meeting, Samonet said, “The PMU capabilities and victories are no secret to anyone. Iraq does not need any more ground troops, and we believe that PMU participation in the battles is an internal Iraqi matter.”

On Oct. 4, Amiri met with British Ambassador to Baghdad Frank Baker, whom he told, “The PMU obeys the orders of the commander in chief of the armed forces and will participate in the battle to liberate Mosul alongside other security forces and armed factions to eliminate IS there.”

On Sept. 29, the official website of the French Embassy in Baghdad carried the news about a meeting between Amiri and French Ambassador Marc Barety. According to the website, the men discussed the fight against terrorism, preparations for the battle of Mosul and the city’s future after liberation with regard to politics and the humanitarian and security situations. The meeting also touched on the time frame of the upcoming Iraqi elections and the security status quo.

In a video posted on YouTube, the Badr Organization quoted Barety as saying, “France supports the unity and sovereignty of Iraq and we are well-aware of the great [war] efforts” made by the PMU.

On Sept. 26, the secretary-general of the League of the Righteous movement, Qais al-Khazali, received Spanish Ambassador to Baghdad Jose Maria Ferre to discuss the PMU’s image in the media. Just last year, Khazali was known by some in the West as “Iraq’s most fearsome Shia militia leader.” The movement’s website said Ferre has promised to address his government regarding the PMU’s efforts.

Something that stands out about these meetings, however, is that they did not include the American ambassador or ambassadors of the Arab and Gulf countries that consider the PMU to be a militia affiliated with Iran and say the PMU cannot be part of the Iraqi security institution.

Yet pro-Iraqi government PMU leaders say the meetings demonstrate they have realized the importance of making overtures to the international community, instead of limiting themselves to the political environment of Baghdad and Tehran.

Iraqi Ambassador to Switzerland Majid Abdul Redha has been lobbying in international forums to rebut allegations against the PMU, considering them to be accusations against the security forces of the Iraqi state. On Sept. 21, a PMU delegation headed by Ahmed al-Asadi, a member of parliament and a PMU spokesman, visited the Human Rights Council in Geneva to deny reports about PMU involvement in abuses against civilians.

Asadi told Al-Monitor, “There are some who are seeking to distort the PMU image in the eyes of the international community. Our role now is to relay the true image of the PMU, especially to the West, because we will not allow inaccurate information and reports about our national forces to make the rounds in the media.”

He added, “We are here in Geneva to break this stereotyped image. We have met with Western diplomats and media outlets. We will not stop at this point.”

In his Sept. 23 speech during a seminar in one of the Human Rights Council halls in Geneva, Rayan al-Kaldani, a Christian PMU leader, said, “We ask the international community not to comply with the [long-running] Saudi incitement against the PMU, not to harm any of its members and to release our heroes who are detained in Austria. If Europe has failed to pay tribute or honor those who are defending it against IS, the enemy of humanity, it can at least refrain from abusing or mistreating them.”

Read more: http://www.al-monitor.com/pulse/originals/2016/11/pmu-iraq-west-human-rights.html#ixzz4QpgjHKDn

 

 

Nechirvan Barzani and Erdogan hold joint meeting

 

History of edits:: 11/23/2016 14:57 • 5 visits readable

[Where – Follow – up]
began meeting the Prime Minister of the Kurdistan Regional Council, Nechirvan Barzani, the Turkish president, Recep Tayyip Erdogan, a little while ago, in the city of Istanbul , according to media sources.

The Nechirvan Barzani met with Turkish Prime Minister, Ben Ali Yildirim, on Wednesday in Ankara.
Nechirvan Barzani arrived, on Tuesday to the Turkish capital , Ankara, on an official visit to meet with the senior officials.
Kurdish sources said that during the meeting they discussed Alaoda in Iraq and Kurdistan.
It is scheduled to be discussed economic issues during the meetings held by the head of theprovincial government in Turkey, given the economic and trade relations between the strong sides.

 http://www.alliraqnews.com/modules/news/article.php?storyid=53308

 

Rafidain Bank declares its readiness for the opening of a “new” has branches in Baghdad and the provinces

Wednesday 23-11-2016 | 9:39:08

J p

Twilight News Rafidain Bank to open a number of branches in Baghdad and the provinces / announced on Wednesday his willingness in the coming days to cover as much as possible of the geographical area of the country in order to provide the best banking services to the people.

Press office of the bank said in a statement responded to the Twilight News, said that the bank continuously renew action plans and that it had conducted adjustments and merger of some of its branches in line with the public interest.

He noted that the ongoing bank in the development of plans and services have witnessed in the recent opening of a branch in the Directorate Comerk central region and a branch in Diyala province, and a branch in the distribution of petroleum products and a branch company in Haifa Street in Baghdad and one in Qadisiya province, pointing out that he is considering opening other branches after receiving several requests.

 

مصرف الرافدين يعلن استعداده لافتتاح فروع “جديدة” له في بغداد والمحافظات