Zebari stresses the importance of the financial and banking system reform to line with international standards

Zebari stresses the importance of the financial and banking system reform to line with international standards

11/08/2015 11:13 GMT

Zebari stresses the importance of the financial and banking system reform to line with international standardsFollow-up – and babysit – stressed Finance Minister Hoshyar Zebari, the importance of the financial and banking system reform in line with the international standards.
According to a statement the Ministry of Finance received news agency public opinion (and babysit), that “Zebari chaired a meeting with the Governor of the Central Bank, and President of the Board of Supreme Audit and Director of the Rafidain and Rasheed Bank and a number of the Ministry of Finance and the Central Bank experts, to consider the restructuring of the two banks through the banking system application destruction and the possibility of increasing the capital of the two banks in order to enable the practice of comprehensive banking operation, including commercial banking. ”

He said Zebari that “after Iraq get credit rating and became part of the movement of global capital markets, any delay in the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions in the context of directing the Prime Minister by setting a timetable for the re-banking restructuring Rafidain and Rasheed.”

alrayy.com