Banker: private banks evolved considerably and now has external relations with international banks
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Banker: private banks evolved considerably and now has external relations with international banks
Admin Thu Oct 03, 2013 2:29 pm
03-10-2013 10:57 AM
Baghdad (news) .. Invited the Executive Director of the Association of private banks Abdul Aziz Hassoun, the need to support the private banking sector by dealing with him, and to increase public confidence in him, pointing out that the private banks have evolved a lot and has become external relations with international banks.
Hassoun said (of the Agency news): Stop unjustified statements which fired some officials and specialists in the economic sphere to the private banks that they are falling short in their work and responsibility any confuse gets in the market or the exchange rate of the dinar.
He added: that of private banks has evolved considerably from what it was in the past through the use of mechanization of modern to facilitate banking transactions and speed of completion, as well as become their external relations with international banks, so the work is consistent with what issued by the Central Bank of the instructions and controls.
He pointed out: that the government is required to support the private banking sector by encouraging government institutions to deal with it in order to advance the development of the country.
It is noted that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by ownership between (7) state banks and (30) Bank Ahli including (7) Islamic banks in addition to (6) of foreign banks.
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