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Iraq needs a well-developed banking system
20/10/2016 0:00
[rtl]BAGHDAD / morning
representing the banking hub of departure for the success of all production and service economic actors alike, bringing the reality of the Iraqi case requires the construction of asophisticated banking system is capable of significant economic effort service.
Financial expert Mohammad Ali Jaber said: The building of a solid banking sector requires strengthening human resources and empower them to their specializations to contribute in providing advanced products acceptable in the world, especially that theIraqi economy is an important part of the global economy and the future awaits and aspacious work.
He noted in an interview for the "morning" to the importance of that directed efforts to develop advanced banking techniques required by the workload, noting that Iraq needs to create specialized training centers in this vital joint, spread with most of the provinces of the urgent need to create a workforce skilled in all disciplines.
the exercise most of the banks and traditional banking operations did not enter thedevelopmental activity very effectively as it gets in the country of the developed world.
He added that the expansion of banking products It means adopting advanced systems leading to the growing banking transactions and achieve revenue and earnings commensurate with the effort they give to a wide range of customers at all levels of firms or citizens.
he was the importance of training and rehabilitation of government and private banking cadres and develop their skills in accordance with international banking standards and "Basel 3 and benefit from the lessons derived and lessons from global crises over thepast years and their impact on global economies.
Jaber pointed out that the human resources working in the banks are the foundation of the development of the financial sector operations, which we desperately need them to create a banking sector that compete with banks , regional and international in theprovision of services, indicating that the economy Iraq needs a significant digits in thedealings of the capacity of the volume of work in all areas, and here they have to be able to deal with large numbers. [/rtl]
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