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Expert: the need to establish a specialized Bank for investment and development projects in the coun

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Hkp1
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Expert: the need to establish a specialized Bank for investment and development projects in the coun

Post by Hkp1 on Fri Mar 15, 2013 11:53 pm

Expert: the need to establish a specialized Bank for investment and development projects in the country


16-03-2013 08:25 AM


Baghdad
(newsletter). Banking expert optimizer, the importance of the
establishment of a Development Bank with a capital of high advanced
dedicated to supporting investment projects through soft loans to
support the development process.

Ali (News Agency): that economic
development requires a sophisticated banking system, noting that Iraqi
banks with branches and lack the most basic developments in global
banks.

He added: we must work to establish a collaborative
investment Development Bank has a capital and operating a sophisticated
banking system to be able to support small and medium-sized enterprises
and even the largest in the country, is managed by private sector
mentality, to advance the process of economic development in the
country.

The banking system in Iraq consists of forty-three banks
as well as the Central Bank and distributed by property (7) and banks
(30) my family including Bank (7) in addition to Islamic banks (6)
foreign banks/finished/8 n. p.

http://www.microsofttranslator.com/bv.aspx?from=&to=en&a=http%3A%2F%2Fwww.ikhnews.com%2Findex.php%3Fpage%3Darticle%26id%3D78142

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