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Mayahi: Iraqi banks like "shops" and do not have a role to attract investments to the country
25-03-2013 10:33 AM
Baghdad (news) .. According to a member of the Committee on the economy and investment MP / National Bloc white / Aziz al-Mayahi, the need for Iraq to foreign banks in character as an investment to support the investment process in the country, describing the local banks with 'shops' that work is limited to bid farewell to the money. said Mayahi (of the Agency news): The Iraqi environment need to foreign banks advanced with capital High and be in nature as an investment for the support of the investment process and economic development in the country. added: There is difficulty dealing banking that the Iraqi banking sector underdeveloped and most banks have become more like the 'shops' business that sells goods and then closes misplaced, noting that most of the Iraqi banks limited their work to bid farewell to the money and selling foreign currency, they need to issue letters of guarantee to attract investors to invest in the country. / end / 8. n. p /
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25-03-2013 10:33 AM
Baghdad (news) .. According to a member of the Committee on the economy and investment MP / National Bloc white / Aziz al-Mayahi, the need for Iraq to foreign banks in character as an investment to support the investment process in the country, describing the local banks with 'shops' that work is limited to bid farewell to the money. said Mayahi (of the Agency news): The Iraqi environment need to foreign banks advanced with capital High and be in nature as an investment for the support of the investment process and economic development in the country. added: There is difficulty dealing banking that the Iraqi banking sector underdeveloped and most banks have become more like the 'shops' business that sells goods and then closes misplaced, noting that most of the Iraqi banks limited their work to bid farewell to the money and selling foreign currency, they need to issue letters of guarantee to attract investors to invest in the country. / end / 8. n. p /
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