Economic parliamentary calls for the central bank to support private banks to encourage domestic investment

Posted by on Oct 27, 2013 | Leave a Comment

Called a member of the Committee on Economy and Investment parliamentary Aziz Sharif Mayahi the central bank to support private banks to encourage inward investment.

Mayahi said in a press statement that “economic development in continuous progress and private banks are considered one of the most important pillars of the introduction of investment and development projects, and should be for the development of the domestic economy to support those banks in every way official and legitimate.”

“The / United Bank for Investment / capital reached nearly 300 billion dinars, and this makes it the first Iraqi bank to reach this level of capital which is evidence of the recovery of the Iraqi economy and move the proper ration the road wheel.”

Mayahi said, “that this matter makes the Central Bank of Iraq in front of a large responsibilities to support those banks down to provide solid ground for the development of the banking business, including economic and creates a competitive environment for the global economies,”

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