Under the slogan of financial inclusion towards achieving sustainable development, the College of Administration and Economics organized an exhibition for Iraqi public and private banks with the participation of more than 30 banks.
The services provided by these banks were presented through posters and publications presented to the students, as well as inquiries about the mechanism of operation of these banks were answered. The Central Bank of Iraq defined financial inclusion in Iraq, and its strategy prepared for the years 2018-2020, as the access of available financial and banking services to the largest possible number of individuals and the business sector at appropriate costs, which contributes to the sustainability of development.
Some writers have defined it as:the access by all members of society in every place and time to banking services that suit their needs with standard quality and price, and therefore these services are provided through various financial channels such as banks and can be obtained easily and conveniently so that all people have the opportunity to obtain these amenities. Services to manage their money and savings in a sound and safe manner, and providing such services will prevent the majority from resorting to informal means that are not subject to any close control or supervision, and to ensure that they are not exposed to cases of fraud and corruption.
Arab Financial Inclusion Day aims to contribute to increasing awareness and introduce financial inclusion and its requirements in Arab countries and its related issues, policies and programs.
