Najiba Najib: the opening of branches of banks abroad will support the Iraqi economy and investment

15:22 21/10/2013

Baghdad - and babysit - a member of the Finance Committee welcomed the MP Najiba Najib, to open branches of the Iraqi banks in the countries of the world, stressing that this step will open the field of investment banking transactions in other countries.

Najib said in a press statement, said on Monday that "the Iraqi banking system continues to improve, and the opening of branches of banks in foreign countries will serve this sector and expand investment opportunities, also an advocate of private banks to open branches to support and strengthen its supplier."

She added, "The opening of branches of Iraqi banks abroad would open the field to communicate with other countries and provides service for the Iraqi people abroad, as well as creating confidence among foreign investors in filing Mbalghm in those banks."

And اشارالى that the Iraqi banking system need a new banking legislation to open the way for investment, and give more powers to the Board of Directors and investment companies.

The parliamentary Finance Committee expressed its support to all Iraqi banks to open branches in European countries, octagonal effort Rasheed and Rafidain bank in this direction ... p / i


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