Karbala Governor: the banking system caused reluctance of international companies from investing
Karbala Governor: the banking system caused reluctance of international companies from investing
20/06/2012
Karbala / JD / .. Carried the local government in Karbala backward banking system in Iraq, the responsibility for not Iqbal international investment companies to operate in Iraq in general and especially the city of Karbala, describing the mechanism used by most of the banks Balmahbth. The governor of Karbala, Al-Din hopes the cat in a statement to the correspondent of the agency Iraqi dinars on Wednesday, “caused the banking system in the backward reluctance to dozens of investment companies from working in the country.” The governor added, “is the Iraqi banks of the worst banks in the world, so that the citizen did not favor the idea of the deposit of its funds had”. He explained that “the international companies working in the field of investment banking systems based mechanism to ensure the success of their projects which is missing from Iraq.” He pointed to the governor of Karbala, said that “in the event of the continuation of the banking system on the current situation has not been modified antiquated laws imposed there will be no real recovery in the movement of investment and the economy will remain the state is going lame foot.” / Finished / M r /
Source: dananernews
