Stressed the importance of reviewing a map of the distribution banking
BAGHDAD - Hussein al-Tamimi Tgb
confirmed specialist affairs banking that the process of development banking linked to the opening to the banking systems and international capacity to work on the supply of advanced technology and certified in the biggest banks in the world.
said Nazim Mohammed Ugaili in an interview for "morning," said The banking sector needs to be developed all the joints in terms of sophisticated banking systems that expand the size of the products offered to the public beneficiaries at all levels, as well as the creation of a specialized administrative cadre of young people has the ability to harmonize with the new high-tech trains in the best country in the world in the development of the banking sector .
, and pointed out that the country enjoys the attention of the global banking sector, where it began a major international banks in the presence inside the yard of local labor through open branches practiced banking activities to a high degree of technical as well as the size of the products great offer, pointing out that this matter must be push local banks to expand the circle of its products to compete with the new, who attended to the country.
either an economist Muzaffar Jalal has pointed to the importance of the adoption of the recommendations of the First Banking Conference for its role in the development of the local banking sector, which awaits a large volume of work. He Ahmahaadh considering legislation and laws that regulate banking and modify the Banking Act No. 94 of 2004 and the issuance of the law of Islamic banks as permitted banks to support and assign development programs.
stressed Addourh establish a development bank contributes to the private and state banks to finance major projects, and another bank to finance small and medium enterprises in order to work on the reduction of unemployment.
promised to call for the establishment of a training center bank takes it upon himself to train qualified banking on the best technologies, banking and call for the expansion of the modes of financing long-term rather than focusing on traditional products, a necessary step at the present time, as well as strengthening cooperation between banks and the central bank with the necessity of the Iraqi Central Bank by finding a pattern of supervisory and regulatory justice to monetary policy, also pointed out the need to develop risk management in accordance with the Basel 1 - 2 - 3 for coordination with the regulatory authority to suit the work of banks.
, and continued his speech, saying that the country is on the verge implementation of strategic projects large need to be advanced banking services, which leads to speed in the work to promote the products global banking, according to the plans of action-minute take on the re-distribution map of local banks, according to Hhm work in every city and the actual need to the number of banks as well as the population density .
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