Study: recommends the development of the Iraqi banking system to promote investments

October 15, 2014 11:20

Office recommended studies and international economic consulting, restructuring the Iraqi banking sector to provide banking services and advanced it to bring local and foreign investments to the country. The director of the Office Tawfiq inhibitor According to the agency / JD /: that "the global investment firms sober and owners of capital from large investors are looking for investment environment, which has a sophisticated banking system."

He continued: "So Iraq needs to restructure its banking sector, he is still working according to the old traditional systems, to provide a sophisticated banking services to help bring local and foreign investments to the country." He added: "The country needs to develop banking culture to increase the services offered by banks, government and private, that are almost small compared to the size of projects in various sectors (excluding the oil sector)." And noted: "The Office of International Consulting is ready to provide assistance all the economic studies for the government Iraq for the advancement of the Iraqi economy and its various sectors "


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