Expert calls for a bank to develop a scientific plan and informed the development of banking

Banking expert called Mohsen Ali to the need to create a new action plan scientific and well thought out for the advancement of the banks and development, stressing that the banking policy in Iraq is clear and need to reconsider it.

Ali (of the Agency news) on indicators of scientific and the results of banking business, all indicate that the Iraqi banks need an urgent and necessary to find a new action plan in line with the development of technological talk, in order to develop the work of Iraqi banks and the advancement of their betterment, whether governmental or private.

He added that the banking policy currently followed in Iraqi banks is not clear and need to reconsider many of its actions conflicting, as it leads to loss of time, effort, and to freeze the money in the banks without investment, considering the banking sector as the beating heart of every economic system in the world, because of its role in finance all investment projects in the country, but Iraq will not be exploited to promote the reality of economic and investment to the country.

He stressed the need for banking expert equality between Iraqi banks (government and private) and the tightening-up and control the work of banks and the money possessed by the fact that the data indicate that there is a large financial surplus of the banks suspended, and untapped.

Number of reading: 12 Sunday, March 25, 2012