****##### Proposals to the Finance Committee: the integration of some private banks

05/20/2013



BAGHDAD / JD / .. Revealed the Finance Committee in the House of Representatives to put forward proposals include merging some private banks.

A member of the Committee MP Haitham al-Jubouri told / JD /: The institution associated with international partners British Parliament prepare a report on the financial support of the Commission aims to evaluate and development of banking legislation in line with international standards and contribute to the advancement of the banking sector.

He explained: that the committee discussed with the delegation of financial institution partners of current and future legislation to Iraqi banks, to come up to the outcome of little details in the report of the issuance of new legislation.

He added: These meetings with international experts is the beginning of the legislative movement to restructure the banks, revealing the new proposals include merging some private banks, noting that the Finance Committee also discussed the use of technology in the mechanism of the Iraqi banking system.

He was Chairman of the Finance Committee MP Haider al-Abadi had received a few days ago in his private, Colin representative institution associated with international partners in the British parliament.

According to a statement issued by the information department of the House of Representatives: Browse Colin During the meeting, the most important paragraphs in the report, which will hopefully be prepared as part of the support provided by the institution to the Finance Committee, which aims to evaluate banking legislation and developed in line with international standards and contribute to the advancement in the banking sector. / End / Polina Isaac /


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