Member of the parliamentary Finance: creation of a development bank shareholder would serve the country’s economic sectors

Posted by on Oct 26, 2013 | Leave a Comment

05-05-2013 10:41 AM

Baghdad (newsletter). Member of the Finance Committee suggested MP/iraqiya Hassan Salman Al-Bayati, a Development Bank established a joint contribution from the public and private sectors to be able to provide financial support for the economic sectors in the country.

He said Al-Bayati (News Agency): that Iraq needed to establish a Development Bank joint webadarh contributor of the public and private sectors to provide financial loans for vital economic sectors for the purpose of training and advancement.

He pointed out: the current banks and branches are unable to contribute to the economic development of the country, through the granting of loans and banking facilities to investors, because the capital is small and lacks the most basic types of modern banking technologies.

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

comment closed

Advertisement

Subscription

You can subscribe by e-mail to receive news updates and breaking stories.

Archives

 

October 2017
M T W T F S S
« Dec    
 1
2345678
9101112131415
16171819202122
23242526272829
3031