Banks offer their services to students of Baghdad University on the fifth day of the week if financial coverage



Economy News _ Baghdad

The Central Bank and the Association of Iraqi Private Banks on Sunday joined the activities of the fifth day of the financial inclusion week on the land of the University of Baghdad, with the participation of a number of government and private banks and a financial transfer company.

The events witnessed the provision of services free of charge to university students and introduce them to the banking services they provide to citizens.

And the number of banks participating in the events, the 22 banks and financial companies are development and Ashur and the Iraqi trade and Rafidain and Rashid and TBI Bank and Zain Iraq and commercial Iraqi and international Islamic and Babylon and the South Islamic and the clutch and the Union and the Islamic Iraqi and Jihan and Nur Iraq and Mansour and united and Ansari and Arab and money and card and Arabs.

The Director of the Department of Relations at the International Islamic Bank, Atheer Abdul Baqi, told the “Economy News” that the bank today provides its banking services (Master Card) and open bank accounts free of charge for students of the University of Baghdad, within the activities of the week of financial inclusion held under the supervision of the Central Bank and the Association of Private Banks, Noting that “the bank is currently providing loans for student projects within the initiative of small and medium enterprises.”

“The bank targeted the students to encourage them to use electronic payment tools for use in commercial centers and markets,” said Abdul Baqi.

For his part, director of relations of the bank Zain Iraq Fahd teacher, in an interview with “Economy News” that the bank today provided banking facilities for students of the University of Baghdad loans and electronic payment services, indicating that there was a lot and distribute a number of gifts for students provided by the bank.

“The aim of the bank’s participation in the activities of the week of financial inclusion to identify all segments of the community banking services that we offer to customers of the bank.”

The director of awareness of the Bank of Holding, Zaina Qassem, in terms of “Economy News” a reference to “the purpose of the Bank’s participation today to target the university students who are considered the most important segments that can use electronic payment tools and opening bank accounts.”

“The bank today provided its services to open bank accounts for free and to receive loan applications within small and medium enterprises.”

Date Added 29/04/2018



Visa Card for «Economy News»: The Iraqi market is promising and has a good future


Economy News Baghdad

Visa International announced that the Iraqi Iraqi market is promising and has a good future, stressing that the banking sector is committed to the strategy set by the Central Bank.

“Visa Card considers the Iraqi market to be promising and the banking sector is committed to the strategy led by the Central Bank in addition to having several competencies,” said Tarek Husseini, regional director of Visa International, To deal professionally with mistakes to avoid wasting more time to promote the reality. ”

He pointed out that the company signed a contract with the Central Bank to activate its strategy on financial coverage and expand the base of electronic payments in the Iraqi market and provide the necessary services for that .

US foreign hails courage of Iraqi woman

Twilight News

3 hours ago

The US State Department on Sunday hailed the courage of an Iraqi woman who survived an outraged organization.

“This courageous woman survived a devastating havoc in Iraq, sold her property and risked her children’s safety,” the Foreign Ministry said in a tweet followed by the Twilight News.

“Despite her plight, her face is still hopeful.”


The Central Bank and Visa International sign a memorandum of understanding

The Central Bank of Iraq, signed a memorandum of understanding with Visa International to develop the legal and regulatory framework for its work in Iraq.

“The Central Bank of Iraq signed a Memorandum of Understanding (MoU) with Visa International, which has granted membership to more than 16,000 financial institutions worldwide to establish the legal and regulatory framework for working in Iraq,” the central bank said.

“Visa will be able to contribute to the smart ambitions of the Central Bank of Iraq. This memo helps build a strategic partnership with Visa to contribute to the development of the electronic payment environment in the community from a technical, regulatory and awareness perspective, and to transfer expertise and benefit from the company’s innovations. ‘

On the other hand, Tariq Al Husseini, General Manager of Visa North Africa and Levant, expressed the Company’s interest in the strategic direction of the Central Bank of Iraq in terms of payments and electronic systems and expressed its desire to contribute to the transfer of knowledge, development and training to the cadres working in this sector through the institution For the development of business (Visa Business School) as well as that this bank seeks to develop the market through effective competition and will be signed similar agreements with other international companies.