Economy News Baghdad
The Iraqi Association of Private Banks concluded Thursday a course on “Managing Troubled Debt and Ways to Address it” at its headquarters in Baghdad.
42 trainees representing Iraqi public and private banks participated in the course.
The director of administration and training in the Association of Iraqi private banks, Ahmed Hashemi, said in an interview with “Economy News” that “the course was established by the Association in cooperation with the Central Bank of Iraq and a group of joint efforts, and aims to develop the skills of bank staff working in the departments of collection of bad debts, And to address them through the use of modern methods used in the countries of the world. ”
He added that “there is one team of the formation of the Association of private banks and Iraqi and the Central Bank of Iraq to establish courses for the development of the Iraqi banking sector,” noting that the plan developed by the Association of Banks with the Central Bank aimed at the division of training in various stages.
Hashemi said that “there are second phases of this session will be organized by the Association of Banks in the future,” pointing to “the concentration of the Association of Iraqi private banks in their courses on the development of human resources for the banking sector.”