Economy News _ Baghdad
On Thursday, Global Smart Card Company held an awareness workshop on financial inclusion and the role of banking finance, especially for small and medium enterprises, and the role played by the Central Bank in the development of plans and policies and preparation for the launch of the national strategy for financial inclusion as well as the role of electronic payment companies and service providers in contributing to financial inclusion.
The workshop was moderated by the Economic and Banking Advisor of the Association of Iraqi Private Banks, Samir Al-Nusairi, with the participation of the Commissioner for Banking Guarantees, Rula Faleh Ali Al-Saleh.
Speaking during the workshop, Nasiri talked about the concept of financial inclusion and the challenges that affected the low rate of financial inclusion in Iraq and highlighted the features of the Central Bank strategy for the years (2016-2020) and highlighted the contents and features of its five main objectives and sub-goals, which focused on the development of banking and stabilize the monetary system and rise Increase financial inclusion and promote microfinance.
For her part, Al-Saleh highlighted the importance of financing SMEs and the development of this activity from 2006 to the present.
She pointed to the Central Bank’s initiative to finance projects and the reasons for not activating them as targeted.
Then there were interventions and discussions involving the staff of Rafidain Bank and the Global Smart Card Company.