View Full Version : Hamdiya dry : private banks will play significant role if the legislative ground her

Hue Mi
11-18-2013, 10:34 AM
Hamdiya dry for "tomorrow": private banks will play a significant role if the legislative ground her (http://www.alghadpress.com/ar/NewsDetails.aspx?NewsID=5635)

Hamdiya dry

Author: Editor: br Reporter: ar
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13/11/18 11: 55

Tomorrow/Baghdad: the Director emphasized the Trade Bank of Iraq hamdiya dry Monday, the importance of giving the private banks a greater role in deepening the investment process through legislation adapted to current developments and investment requirements.

Dry said "tomorrow", "community banks enjoy higher flexibility in dealing with customers, investors and the healthiest b capital compared with State banks and therefore can play a leading role in moving the wheel investment and attract investors over global financial transactions."

The current legislation does not allow coverage of the international investment needed for it's old and formulated with a unipolar economic system is quite different from the vision of the Iraqi market and new open economy."

"The only role of banks to participate in the auction of foreign currency the Central Bank is not in the interest of developing the economy and reducing inflation rates."