Member of Finance Committee is preparing a special law for the banks with the participation of experts and international consultants

Posted by on Oct 28, 2013 | Leave a Comment

08-08-2013 08:19 AM

Baghdad (news) .. Said a member of the Finance Committee MP / coalition of Kurdish blocs / Dler able, for the intention of its enactment of a special law for banks supports the Iraqi banking system with the participation of international experts and financial advisors.

said is capable (of the Agency news): The Banking Act current is supportive for banks and allowed investment and the use of technology technological modern banking business, as it works according to the mechanics of old is novel and not keep pace with the developments in the world in the field of banking.

pointed to: that there is a strong desire by the international banks discreet to enter the Iraqi environment for the purpose of work and open branches in Iraq, especially after the withdrawal of Iraq from the provisions of Chapter VII, which was imposed on it by the United Nations, but Tstadm several obstacles, mainly the Banking Act.

said: that the Finance Committee and with the participation of consultants and financial experts of international connection with the preparation of a special law for banks supports the Iraqi banking system and يطوره, stressing been holding a series of seminars and workshops of order to reach a legal formula modern and sophisticated.

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