The central financial institution of Iraq introduced, on Tuesday, the signing of a memorandum of cooperation among (Frakfurt faculty) in coordination with the German employer for international Cooperation (GIZ), the assignment to strengthen public price range and economic markets in Iraq (FFM), funded with the aid of the ecu Union and the German government.
in step with a announcement issued by the bank, the memorandum will offer education for the central financial institution of Iraq’s cadres in numerous specializations, as well as work to obtain authorised professional certificates.
accordingly, the imperative financial institution is the first Iraqi organization to signal a memorandum of cooperation with the Frankfurt faculty.
For its element, the Iraqi Banks association defined that this settlement comes inside the framework of the venture to strengthen public price range and monetary markets in Iraq (FFM), that’s prepared by means of the German company for international Cooperation (GIZ), and funded by means of the ecu Union and the German government.
The association turned into represented in signing the settlement by using the Deputy government Director, Ahmed Al-Hashemi, even as the vp of the Frankfurt university for Administrative and economic Sciences, Fatima Dirks, represented it, inside the presence of the Director of development and schooling on the crucial financial institution of Iraq, Nizar Rafeh.
Al-Hashemi harassed that this agreement represents a new start for cooperation among the Iraqi banking area and the German facet, noting that it will contribute to the exchange of expertise and transfer of know-how.
He brought that the agreement consists of setting up joint training publications in each Iraq and Germany in numerous banking fields, a good way to substantially benefit the Iraqi banking quarter by way of developing skills and capabilities.
For her element, vice chairman of Frankfurt college for financial and Administrative Sciences, Fatima Dirks, harassed the importance of this cooperation in enhancing the change of know-how and knowledge among the 2 nations, maintaining that the agreement represents a promising step toward a fruitful partnership.
