The World Bank is looking at the latest developments in the Iraqi banking sector

The World Bank is looking at the latest developments in the Iraqi banking sector

24-10-2018 12:26 PM

The World Bank is looking at the latest developments in the Iraqi banking sectorIn order to discuss the latest developments in the Iraqi banking sector, the delegation of the World Bank, on Wednesday, a meeting with the Association of Iraqi private banks.

A source said that ‘the delegation of the World Bank held a meeting with the Association of Iraqi private banks to discuss the latest developments in the banking sector of Iraq’.

He added that ‘the meeting discussed ways to promote the banking sector and raise the proportion of financial coverage in Iraq,’ noting that ‘the subsequent meetings will be with the Bank of Lebanon and the Turkish bank and Turkish companies and Zain Cash and Asia hawala’.

It is noteworthy that the proportion of financial coverage in Iraq has increased during the past four years to 22.6% because of the procedures of banks to increase its services to the public through contracting with international financial companies.

dijlah.tv