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View Full Version : The growth rate forecast to increase local banks more than (20%)



Hue Mi
04-08-2014, 09:56 PM
The growth rate forecast to increase local banks more than (20%) (http://www.dananernews.com/News_Details.php?ID=4643)

2014-04-08

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Baghdad/JD/... The Association of private banks, predicted growth of domestic banks this year to more than (20%) In light of increased public demand to deal with the push towards raising the level of their capital.

He said the Association's Executive Director Abdul Aziz Hassoun/JD/Agency: "the banking activity is continuing its performance despite the circumstances and crises that afflict the country, whether political or security, that has an important role in recycling and support economic processes and move the wheel of development".

He added: "the quarterly report of the activity of private banks during first three months of this year indicate that positive results in the growth rate of private banks with a large turnout by citizens to handle this indicates greater confidence and a culture of citizens."

He noted: "the rate of growth of local banks during the past year (20%), but under increased trading and banking could increase to more than (20%) During the current year." /finished/8/