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Hue Mi
12-08-2013, 08:49 PM
The parliamentary economy calls for the use of international organizations to develop the country's banking system (http://www.burathanews.com/news_article_221366.html)

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Ali Salman-08/12/2013-10: 47 am | Hits: 23

The Commission invited the parliamentary economy and investment, the need to use international experience and global organizations to develop the banking system, according to developments in global banks

The Rapporteur of the Committee, said MP Khalil Sunday mehma: the Iraqi banking sector still suffers from a significant failure on developments in global banks, noting that the development of the banking system is indispensable for boosting the national economy.

He added: the Government and the Central Bank to demand the use of advisory bodies and international organizations, international studies and plans for how to improve and develop the country's banking system.

The banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by property (7) and banks (30) Community Bank including (7) Islamic banks to foreign banks (6)