The Iraqi Private Banks League organized a training session titled "Fundamentals of Banking Finance and Lending," with participation from several banks operating within Iraq. This initiative aligns with the Central Bank of Iraq's goal to enhance lending as part of the 2024-2029 National Strategy for Bank Lending. The session was led by Alaa Faek, head of the Credit Committee of the League.
The program featured a lecture by Professor Sadiq Al-Shammari, a veteran banker and Chairman of the Nasik Islamic Bank. His presentation emphasized the importance of finance in driving economic growth and achieving sustainable development, focusing on best banking practices for effective financing mechanisms that support financial stability and meet local market needs.
In recognition of his contributions to the advancement of banking in Iraq, the League awarded Professor Al-Shammari the Creativity Shield at the close of the session.