Parliament plans to pass a banking law

03/26/2016



BAGHDAD / JD / .. the parliamentary finance committee, announced the project submitted to the Presidency of the Banking Act of Parliament for a vote, noting that the law will be read in the House of Representatives session for the day.

A member of the committee MP Masood Haider told / KD /: The Finance Committee put an end to the drafting of the Banking Act and submitted it to the presidency of the parliament for the purpose of voting on it, indicating that the agenda of the House of Representatives on Saturday to ensure the reading of this law.

He added that the Banking Act is one of the important projects that must be approved for the time being because of the effect of direct and significant on the Iraqi economy, likely approval in the next few sessions.

Iraq has 47 banks in addition to the central bank, including three government and 7 and 37 foreign banks and another for the private sector. / End / 8 /


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