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Compete with international banks

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Compete with international banks Empty Compete with international banks

Post  Admin Sat Feb 01, 2014 7:28 am

1/2/2014 0:00

BAGHDAD - morning


The head of the Association of private banks in Iraq , Adnan Chalabi said the private banking sector will be a competitor for global banks mean that the local market .

He said Chalabi, in an interview for the (morning ) that the international banks that have opened branches in Iraq working in the best banking technology world , pointing out that the Association is aware of the reality of entering banks global banking to the country and the requirements of the next phase of efforts to gain access to our products banking to the same level offered by banks international in the country .

He added that private banks were able to raise their capital and now has high amounts of money required to invest in projects develop the local economy .

Recall the last period has seen the entry of banks into the country a global , most recently the British Standard Chartered Bank , as well as other global banks on its way to enter the country.


http://www.alsabaah.iq/ArticleShow.aspx?ID=63350

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