August 8, 2013 In economic
Baghdad: Iraq News Network-the Commission on economy and investment bank entry "parliamentary city Krupp the world" Iraq will support local banks and promote investment in the country. the Rapporteur of the Committee, said in a press statement, mehma Khalil, "City Bank" of Krupp international banks that have a long history in investment has contributed significantly to the growth of economies being composed of a coalition of banks and has substantial capital than any potential risks to the investment process, "adding that" there is a strong desire by the Bank Group to enter the city to invest in Iraq, where initial steps begun by opening branches to perform banking transactions, and work will be expanded in the near future investments to various economic sectors in the country. "he noted that" entry into Iraq will help support local banks that lack the most basic banking technologies by encouraging them to use the International Banking Act, as well as support and development of the national economy and promote investment. "
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