The Financial Inclusion Week in Iraq recently concluded under the supervision of the Central Bank and the Iraqi Private Banks League,  with significant participation from banks, electronic payment companies, and financing companies.

The week's events include various activities such as conferences, workshops, seminars, awareness campaigns, and educational events. Financial and government institutions, non-governmental organizations, and civil society individuals participate in these events, which are held in all Arab countries in coordination with the Arab Monetary Fund, aiming to increase awareness of the importance of the banking sector. 

Financial inclusion is about offering financial services to everyone without exception, including poor and marginalized groups. This includes banking accounts, insurance, loans, and other services. Financial inclusion aims to enhance economic development and improve the economic conditions in the country.

During these events, which were held in the provinces of Baghdad, Basra, Erbil, Sulaymaniyah, Kirkuk, Maysan, Babylon, and Nineveh, and targeted commercial centers, business professionals, students, entrepreneurs, and others, citizens were able to open bank accounts and benefit from the services provided by banks, including electronic cards, loans, money transfers, and more.

The Executive Director of the Iraqi Private Banks League, Ali Tariq, stated that Financial Inclusion Week is an annual event held in many countries around the world and has many positive effects on societies, including promoting economic and social development, improving the living standards of individuals and communities, increasing employment opportunities, and improving the financial situation of low-income families and individuals.

He pointed out that promoting investment and economic development in countries, improving financial governance and contributing to reducing financial corruption, improving access to financial services and insurance for the most vulnerable groups, such as the low-income, marginalized, women, and youth, and enhancing financial and economic stability for individuals and communities are all important aspects of financial inclusion.

He pointed out that financial inclusion is critical to enhancing the economic and social status of individuals and communities.