Economic Committee calls for international organizations to develop the country’s banking system

Posted by on Dec 09, 2013 | Leave a Comment

Baghdad (newsletter). The Commission invited the parliamentary economy and investment, the need to use international experience and global organizations to develop the banking system, according to developments in global banks.

The Rapporteur of the Committee, said MP mahma Khalil (News Agency): the Iraqi banking sector still suffers from a significant failure on developments in global banks, noting that the development of the banking system is indispensable for boosting the national economy.

He added: the Government and the Central Bank to demand the use of advisory bodies and international organizations, international studies and plans for how to improve and develop the country’s banking system.

The banking system in Iraq consists of three warbainmsrva as well as the Alp as Central and distributed by property (7) and banks (30) Community Bank including (7) in addition to Islamic banks (6) foreign banks

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