Economy News Baghdad:
The President of the Association of private banks, the depositary Handal, that the Iraqi banking sector consists of 70 banks, adding that the Association of private banks has trained 750 bank employees during the first half of this year.
In his speech at the celebration held by the Islamic Bank of Iraq on the occasion of the 25th anniversary of the establishment of the bank and attended by “economy”, Al-Hantal said that “a major movement is taking place in the banking sector as a result of the policy of the Governor of the Central Bank to support the work of banks.” The bank consists of 70 banks, including 63 private banks and seven government banks. ”
He explained that “the share of private banks in monetary credit from 2003 to 2016 amounted to 13%,” noting that “there is mobility to cooperate with banks in neighboring and foreign countries in addition to the commitment of private banks to the instructions and controls of the Central Bank.”
He pointed out that “the Association of Private Banks has achieved many goals in the rehabilitation of human resources with the help of international companies and training them on the topics of combating money laundering and financing of terrorism and risk management,” stressing that “the Association of private banks trained in the first half of this year about 750 bank employees in the private sector And the public. ”
He pointed out that “the Association of Private Banks sponsored an agreement between the central governments and the Kurdistan region to prevent double taxation and standardize the tax number,” pointing out that “the Association of private banks launched a grant Tamkeen, which aims to rehabilitate the unemployed to find jobs.