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Government and private banks



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Government and private banks

Post by lonelyintexas on Sun 21 Jul 2013, 2:42 pm

Government and private banks

07/21/2013 12:00 AM

Baghdad - the Fatlawi

Economist pointed out that the role of banks and their performance is still limited despite the government reached 53 banks and waged. Dr. said. Majid picture »Sabah» banks could play a big role in the redistribution of income but we find its role absent noting that Iraq was until recently considered an important source in the export of good banking talent to the world.

He noted that banks two branches of public and private still without ambition it has not seen any development in the working principles own is able to determine their goals because they rely on government funds, pointing to international banks operate according to the standards and specifications agreed international while we find our banks are looking to the government to recruit money, stressing that he would not have a clear role banks and moving without the development of the private sector.

    Current date/time is Fri 09 Dec 2016, 5:33 am