A parliamentary report recommends rehabilitation of bank employees
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A parliamentary report recommends rehabilitation of bank employees
Baghdad / Orr News
The parliamentary Finance Committee recommended in its first report on banks to rehabilitate employees of government banks and for the advancement of civil service banking in the country.
Said committee member Abdul Hussein al-Yasiri said that "the Committee recommended in its report the importance of the development and rehabilitation of the banking employee commensurate with the aspirations of Iraq to develop its dealings with the world banking."
He added that "the government and private banks delay in bank credits and still not depend on electronic systems and focuses on the expansion of human resources", and pointed out that the "bureaucratic banking affected in attracting investment companies."
Yasiri pointed out that "the report done by the Committee will be sent to the Central Bank and Ministry of Finance to take the required action on it and send staff in developmental courses for global banks."
Iraq has suffered from a drop in the per capita share of banking services to reach an average of one bank per 40 thousand people and this is a big difference from what exists in neighboring countries. The estimated number of workers in the private banks and three thousand government employees, including people working in departments of the Central Bank.
According to the statistics published by the Ministry of Finance on its website recently, there are 25 banks waged, and five state banks operating in the country. Among the most prominent of those five banks Rafidain, which has 190 branches in all the provinces and abroad except for the Kurdistan region, in addition to the Rasheed Bank, which has 150 branches in the inside and outside Iraq except Kurdistan region, as well as mortgage banks, agricultural and industrial.
The rise of claims to the Iraqi parliament from time to time to amend the Law of Iraqi banks for the lack of clarity some articles especially Article 28, which states "no bank from the private sector to exercise or participate as an agent or partner or owner, trade wholesale or singular or manufacturing processes or transport or agriculture or fisheries, mining or building or re-insurance, or any activity or other work is licensed. "
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