"Tidbits From TNT" Monday 6-27-2022

Jun 27

TNT:

Tishwash: Enhancing levels of financial inclusion

To / all banks

Electronic payment service providers m/ Enhancing levels of financial inclusion

Good greeting . ...

Subsequently, with our book No. 23/2806 dated 2/12/2121, attached to a copy of it, for the purpose of supporting the objectives of this bank in promoting financial inclusion on the basis of gender equality, to kindly take the necessary measures to provide services, banking products, financial facilities and facilities in Israel. The village of "Al-Araqib" was demolished for the 203th time, on the basis of gender, and the development of policies and procedures that guarantee i

Ammar Hamad Khalaf

M / Settlement of salaries of workers in the private sector

Greetings, as part of the work to implement the White Paper projects, and based on the strategy of this bank, we value your role in expanding the provision of financial and banking services and focusing on inclusion of youth and women with products that suit their needs, as well as preparing for the localization of the salaries of the private sector and supporting it. .with respect.

Dr.. Ammar Hamad Khalaf, Deputy, Acting Governor link

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Tishwash: Association of Banks: More than 14.9 million bank cards in Iraq

The Association of Iraqi Private Banks announced that the percentage of users of electronic payment tools in Iraq has increased, confirming that there are more than 14.9 million active bank cards.

The Executive Director of the Association, Ali Tariq, said in a statement received by Mawazine News, that "the policy of the Central Bank of Iraq is working to increase electronic payment tools, which contributes to increasing confidence between the citizen and the banking sector, in addition to raising the percentage of financial inclusion."

He added, "The year 2021 witnessed a growth in bank cards by 26.87%, as the total number of activated cards owned by citizens amounted to 14.9 million cards of all kinds, in addition to the presence of 2.1 million active mobile payment wallets."

He stressed that "there are 1,566 ATMs spread throughout Iraq, until the end of the year 2021, in addition to the presence of more than 14.7 thousand financial payment points and more than 8.3 thousand electronic payment points."

He explained, "The activation of bank cards and the dissemination of electronic payment tools will contribute to facilitating the payment process when purchasing from inside and outside Iraq, in addition to reducing dependence on banknotes and increasing the volume of electronic commerce in Iraq, which contributes to achieving greater revenues for merchants, regulating and reducing losses in electronic commerce." ". link

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Tishwash: The Governor of the Central Bank promises to support the banks and overcome the difficulties they face

Today, Monday, the Governor of the Central Bank, Mustafa Ghaleb Makheif, pledged to support banks and overcome the difficulties they face.

A statement by the Central Bank, received by (Al-Oula News), stated that “the governor of the Central Bank of Iraq, Mustafa Ghaleb, met today with the head of the Supreme Committee for Supervising Central Bank loans and its members,” noting that “the governor presented the background in which the Central Bank initiative was launched as a result of security and political challenges.” And the finances that faced Iraq when the country was in a difficult situation.”

Mokhif explained, according to the statement, that "the real sector faces problems in financing and sustainability, so it was necessary for the Central Bank to intervene to restore life to the economy and hope to its workers," pledging "to support banks and coordinate with the Ministry of Finance to overcome the difficulties they face."

For his part, the Chairman of the Committee reviewed "the achievements of the initiative and the number of projects that have been funded in the housing, industry, agriculture, commercial and service sectors." link

Mot: ... what Ever Do YOu Mean that English is Hard to Learn!! ~~