View Full Version : Call for banks to take advantage of the Government programme

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09-25-2014, 06:54 PM
Call for banks to take advantage of the Government programme (http://www.imn.iq/news/view.51306/)


25/09/2014 08: 08

Economic experts called on private banks in Iraq need to draw a clear strategy for the banking activity and strengthen financial centres through coalitions and corporations in accordance with the outstanding support given by Government to the private sector, particularly the State programme on the development of trade and banking.

The Economist said Bassem Jamil Antoine: banks claim that now, more than ever, the standardization and cooperation in overcoming the challenges and problems faced by the private banking sector in Iraq.

The banks do not represent itself only a longitudinal arm of the private sector in Iraq, overall it is a great responsibility in ensuring that its support to contribute to the processes of construction and development in the country.

He stressed the need to overcome differences and uniform pace towards the reform of the functioning of the Association that represents the fundamental basis in defence of their common goals.

Its economic expert endorsed Dr. Akram Al-Aqeel said signals a certain need to jump-start Antoine this stage to demonstrate the capabilities and potential of the private sector in investment banking and large absorbed by the market.

And called on private banks to build a strong strategy to disclose how much they can provide in strengthening the overall pace of private sector management economic profile in the future.

Banking expert Mohammed Ali Jaber meeting outlined the challenges facing the banking sector, stressing the need for compatibility between the poles of banks in order to overcome them through the gate after evaluating their performance toward their role in this direction.

Discussion challenges high transparency reflected the eagerness of all need to pause in order to promote the national economy and international reputation of the banking sector.

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