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Jassim the need to open branches of foreign banks in Iraq, the fact that the goal of most private ba

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rocky
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Jassim the need to open branches of foreign banks in Iraq, the fact that the goal of most private ba

Post by rocky on Sat 10 Aug 2013, 4:08 am

Jassim the need to open branches of foreign banks in Iraq, the fact that the goal of most private banks "brokerage"

10-08-2013 11:05 AM

Baghdad (news) .. A member of the Economic Commission Kurdistan Alliance MP Jassim شنكالي, that the banking sector in Iraq is very modest and Ajriqa to the level of other countries, stressing the need to open branches of foreign banks in Iraq.

He شنكالي (of the Agency news): Iraq needs to the opening of branches of foreign banks are known around the world, especially since the presence سيلفت of view of international banks to Iraq, in addition to that it will enter the heads of big money working on the development of the banking sector and the expansion of investment projects.

He explained: that more Iraqi civil banks are 'brokerage' to more and less and has no any real policy خاصتا the central bank at an auction they buy the dollar at a rate and sell them at last, as well as it's personal you prevail interest the interests of citizens.

He pointed out: that private banks do not have the possibility to attract big investors, and thus open foreign banks helps to bring these investors to have enough money to meet the need of investment.

It consists of the banking system in Iraq from forty-three banks as well as the Central Bank and distributed by ownership between (7) state banks and (30) Bank of my family, including (7) Islamic banks in addition to (6) of foreign banks. / End / 5. G. J / -

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