The Central Bank holds a workshop between the banking sector and the insurance sector

part of the workshopbanks

Economy News – Baghdad

On Sunday, the Central Bank of Iraq organized a workshop for the banking and insurance sectors to twinning banking and insurance activities. 

The Central Bank said in a statement received by “Al-Iqtisad News”, that the workshop discussed “several axes, the most prominent of which was the reality of the insurance sector in Iraq and its contributions for the next stage in revitalizing banking and economic work, including strengthening the roles of banks in granting loans within the initiative of the Central Bank as well as its credit activity.” of its resources in granting housing and personal loans, car loans, and others.

The statement added, “The workshop addressed the importance of updating the legal provisions, instructions and controls that govern the work of banks and insurance companies in cooperation with the Central Bank of Iraq to develop the regulatory framework governing these important institutions.”


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