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Saturday January 5, 2013
Parliamentary Finance: Iraq needs a sophisticated banking environment to attract international banks
BAGHDAD - babysit - According to a member of the Finance Committee deputy secretary Hadi Abbas, that Iraq lacks a technologically advanced banking environment, which led to a large gap between the work local and international banks.
Abbas said in a press statement: The main reason that prevent banks staid world of work in Iraq due to the lack of a sophisticated banking environment and the absence of legislation that fit with the current development in the world in the field of banking.
He added: that the central bank demands put mechanisms and conditions necessary local banks update mechanism work in accordance with modern technologies and new technological developments to facilitate dealings with international banks and attracted to open branches in Iraq to contribute to the promotion of the economic development process in the country ... p / i
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Parliamentary Finance: Iraq needs a sophisticated banking environment to attract international banks
BAGHDAD - babysit - According to a member of the Finance Committee deputy secretary Hadi Abbas, that Iraq lacks a technologically advanced banking environment, which led to a large gap between the work local and international banks.
Abbas said in a press statement: The main reason that prevent banks staid world of work in Iraq due to the lack of a sophisticated banking environment and the absence of legislation that fit with the current development in the world in the field of banking.
He added: that the central bank demands put mechanisms and conditions necessary local banks update mechanism work in accordance with modern technologies and new technological developments to facilitate dealings with international banks and attracted to open branches in Iraq to contribute to the promotion of the economic development process in the country ... p / i
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