President of the Federation of private banks calling on the government to engage with banks in supporting small and medium enterprises

02-06-2013 07:10 AM


Baghdad (news). Called for a number of private banks in partnership with the government in supporting small and medium enterprises through the contribution of insurance companies support different amounts of money.

The head of the Federation of private banks Manaf Badri reporter Agency (news): The support of some private companies, consisting of some private banks to small and medium enterprises, where we found is tending to the size of the Iraqi market and its requirements, and continued: we proposed through a request made to the Central Bank as a sponsor to banks Private sector to take part government with the support those projects under مضلة of the insurance company contribution.

Badri between: the market is currently in Iraq needs to be an increase in funding as well as owners of small and medium enterprises in need of a larger number of financial institutions that are assigned to work and they need to enter the Iraqi private banks to grant loans to increase citizens.

The Al-Badri: that the recommendations proposed refers to the need for the central bank and the Ministry of Labour and Social Affairs to allocate general budget of the state to support small and medium enterprises in order to increase Iraq's gross domestic product, indicating that the central bank now works Pichaurat with relevant ministries such as the Ministry of Planning and the Ministry of Labour and Social Affairs as well as the Federation of private banks and civil society organizations for the purpose of providing funding crisis for these projects. / End / 3.'s. m /


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