Outfits international banks to open branches in Iraq amid criticism of domestic banks

Monday11May2015 | 12:15

The Iraqi government is currently planning for infrastructure projects and large-scale in the state, you need to an international level of financial solutions to achieve them

Iraqi Central Bank, which is primarily responsible for granting banks open whether local or global licenses confirms that the advent of foreign banks will be a reason to enter the global investment companies that in turn will find a guarantor for its money

Iraqi market is characterized by a lack of the number of citizens who have bank accounts, which allows the banks a substantial margin to attract thousands of customers