Friday, June 29, 2012

Committee on Economic Iraqi banking system confirmed that the development of Iraqi banks will contribute to supporting and building Iraq's Economy

Friday June 29, 2012

Member of the economy: investment process needs to international banks for the advancement of the solid

The member of the Committee on the economy and investment MP / National Alliance / Ibrahim Rikabi, the importance of developing the Iraqi banking sector through modern technological systems introduced to boost investment in the country.

Rikabi said: The studies and analyzes conducted by the Parliamentary Committee on Economic Iraqi banking system confirmed that the development of Iraqi banks will contribute to supporting and building and repair of the national economy, which suffers a recession, both in investment in the agricultural or industrial.

He added that the investment process in Iraq, you need international banks to operate modern electronic Bandma help facilitate the investors to give them their banking and financial guarantees, so that the development of the banking system is an urgent need for the advancement of the national economy.

He pointed out: that international companies coming to invest When looking for the investment environment, which has a sophisticated banking system and to secure their funds discreet or open special funds for lending in investment projects serving the country.

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