creation of a development bank shareholder would serve the country’s economic sectors
creation of a development bank shareholder would serve the country’s economic sectors
5/5/13
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
ikhnews.com
