Association of private banks: local banks seeking to enter the global financial market
Association of private banks: local banks seeking to enter the global financial market
Date: Saturday 01/19/2013 06:06 pm
BAGHDAD – citizen said Executive Director of the Association of private banks Abdul Aziz Hassoun, that the private banking sector began to grow and increasingly through increased capital banks and the volume of deposits in them. said Hassoun: that the indicators that were issued to assess the activity of private banks over the past year confirmed that the existence of progress clear in the work of Iraqi banks own through a credit financial centers and to increase their capital and deposits. and added: private banks seeking to enter deeply into the global financial markets, especially after the recent decisions issued by the Central Bank for the development of the banking sector, so they are obliged to develop itself and to use the banking systems evolving . mentioned that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by property (7) government and banks (30) Al Ahli Bank, including (7) Islamic banks, in addition to (6) foreign banks
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