Dr. Abdulrahman Al Hamidi, Director General Chairman of the Board of the Arab Monetary Fund in UAE capital, Abu Dhabi welcomed Dr. Ziad Khalaf Abed Kareem, Chairman of IDB Iraq.
They discussed the communication methods between financial and banking institutions and the Director General Chairman of the Board of the Arab Monetary Fund listened to Dr. Ziad’s extensive explanation about all the correct and successful steps that the International Development Bank has taken to meet the banking industry requirements and keep up with all its developments.
Dr. Al Hamidi praised the fact that there’s a successful financial institution like the International Development Bank managed rightfully by a true leader to represent the private banking sector in the Iraqi banking sector and strive to obtain leadership by being chosen as a Member of the Union of Arab Banks Board of Directors, which will definitely play a role in increasing the level of relationships and presence out of Iraq. That’s what enhances the trust of banking and financial institutions in the Iraqi banking sector and leads to expecting a huge growth in the Iraqi financial situation, in which banks play an inevitable role and building on all banks that take steady and successful steps, like the International Development Bank, notably that the Arab Monetary Fund is considered as a support to all Arab countries economies and adopted monetary policies. Dr. Al Hamidi also pointed out that all this will benefit in stimulating and developing relationships with Arab as well as foreign banking and financial institutions in addition to building new business relationships and strategic partnerships with leading financial institutions, thus benefiting the Iraqi banking sector after that the bank proved its worth in keeping pace with all global developments related to the banking sector.