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Parliamentary Finance: will make amendments to the Banking Act to promote investment banking
BAGHDAD / electronic integrity - Mustafa al-Araji -
Parliamentary Finance Committee confirmed on Thursday that it will make some amendments to the Banking Act for the advancement of investment banking in Iraq.
The committee member said Haitham al-Jubouri told ((newspaper rectitude)) "The Finance Committee will make some amendments to the Banking Act and through it will enable the banking sector from the investment of funds for the purpose of supporting the economic sector during the upcoming period.
He added Jubouri that "the new amendment will address the problems of the banking sector.
Jubouri said that "the Commission has succeeded in organizing a workshop in coordination with a number of international banks which were able to identify the weak points and the lag in the Banking Act as well as the need for the adoption of advanced information technology for the purpose of upgrading the movement of investment in the country. Ended 7
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BAGHDAD / electronic integrity - Mustafa al-Araji -
Parliamentary Finance Committee confirmed on Thursday that it will make some amendments to the Banking Act for the advancement of investment banking in Iraq.
The committee member said Haitham al-Jubouri told ((newspaper rectitude)) "The Finance Committee will make some amendments to the Banking Act and through it will enable the banking sector from the investment of funds for the purpose of supporting the economic sector during the upcoming period.
He added Jubouri that "the new amendment will address the problems of the banking sector.
Jubouri said that "the Commission has succeeded in organizing a workshop in coordination with a number of international banks which were able to identify the weak points and the lag in the Banking Act as well as the need for the adoption of advanced information technology for the purpose of upgrading the movement of investment in the country. Ended 7
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