Economic Committee Member: The opening of Iraqi banks in foreign countries will encourage international investment in Iraq

Posted by on Oct 28, 2013 | Leave a Comment

Almerapi: the opening of branches of banks in foreign countries will encourage international companies to invest in Iraq

20-09-2013 01:39 PM
Baghdad (newsletter). Count member of the Economic Committee of the Vice-President/National Alliance Hussein almerapi, a branch of the Rasheed Bank in Romania are promoting mutual trade and financial interests.

Said almerapi (News Agency): branches of Government banks in foreign countries, it is important that open the way for Iraq to take advantage of the expertise and technological development in the world, as well as support for msarvenh balance, experience and powers of international banks possessing great potential and huge.

He added: when opening a Government Bank in a foreign country will be a reassurance to the major global companies to invest in Iraq, indicating that the basic problem for international companies to enter Iraq’s banks and the companies will come to invest in without hesitation.

Iraq had declared his approval to open the first branch of Rasheed Bank in Europe, after approval from the Central Bank of Romania

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