Finance parliamentary: the central bank demands to develop a plan to improve the quality of the work of local banks

21-10-2013 11:30 AM

Baghdad (news) .. Demanded the parliamentary Finance Committee, the Central Bank of Iraq develop a strategic plan to develop the work of local banks, according to the evolution in global banks, in order to contribute to the support and development of the national economy.

Deputy Chairman of the Committee MP Ahmed Faizullah (of the Agency news): that the existing banks in developed countries and even non-advanced began working according to modern technological techniques, so that became its ruler instead of handmade, which is still followed in some of the local banks.

He added: banking technologies will facilitate the work and complete it shortly, in addition to that it will eliminate the administrative and financial corruption in the banking business, and thus contribute to the support and development of the Iraqi economy in terms of encouraging international companies to work in the country.

He pointed out: that Iraq needs to interrupt the great strides to up to developed countries in various fields, in terms of the legislation of laws and an end to the crises that have beset the country, this is all you need to not a little time.

He continued: that the central bank demands develop a strategic plan for the advancement of the work in terms of forcing banks to develop their work and their cadres to become a competent big banks. / End / 8.'s. M /

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