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Hue Mi
08-21-2014, 02:25 AM
International consultant: ready for the development of the banking sector to absorb (http://www.alsabaah.iq/ArticleShow.aspx?ID=76311)

21/8/2014 12: 00 am

Asserting ownership of Iraq's large investment opportunities

Baghdad morning

The Executive Chairman of Standard Chartered Bank International Kevin Wishart that Iraq has large investment opportunities and this requires strong domestic banks capable of meeting the requirements of these investments.

in addressing a gathering of experts and directors of banks and members of the Association of private banks in Iraq, expressing the hope that beyond the banks eligibility barriers to their growth and development.

And on the question of (the morning) on the areas that could be provided by the banking sector said Wishart: how managed weak and in need of adoption of international experiences in this area with the adoption of global standards and specifications, declaring its readiness to assist in the training of the Angels through cooperation with ASEAN to contribute to the transfer of advanced expertise they have.

In conclusion: we came to Iraq to keep and provide our exclusive customers of global companies investing in Iraq not competitors for its banks, but we are developing performance.

Is expected to join stnader you to the activities of the Association and to develop relationships with international banks.

He was President of the Association, Wadih bitter melon had reviewed in his (LD) thanks to this initiative, the reality of the banking sector in Iraq, he said that statistics compiled by the Central Bank of Iraq on private bank branches had reached 600 branches across the country, indicating that their capital is around $6 billion.

He sought to achieve in partnership with the World Bank with a view to contributing to the development and implementation of strategic projects in the country, bitter melon, also spoke about the prospects of ASEAN which is preparing to hold a Conference to discuss banking The implementation of the decisions of the first banking conference held in Baghdad and the implementation of the recommendations of the Iraqi banking conference held recently in Lebanon, Beirut and attended a gathering of experts and concerned banking economists and members of the Association of private banks in Iraq, Mohammed Al-dulaimi, relationship manager at Standard Chartered Bank representatives.