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Insurance and banking hub of departure for sustainable development
6/7/2015 0:00
BAGHDAD - morning
development of the banking performance and the advancement of the insurance sector represent the most important turning points of sustainable development in Iraq, as they relate to investment and capital to be attracted to local employment.
Economic Member Baghdad forum Hadi Hndas stressed the need to work to overcome all the challenges facing the advancement of sectors production and service, pointing out The creation of a strong economy is through the establishment of a balanced and integrated economic development, promote the development of economic reality.
He stressed in an interview for the "morning" on the importance of the exploitation of human and material resources and in line with the requirements of sustainable development, noting that begin the process of economic development requires serious action by the public sector and private to be objective serving the national economy through the creation of an appropriate environment, which represent the most important elements of investment attraction.
He pointed out that the development of the banking system in Iraq is extremely important as it is difficult development for banking services to interdependent closely separation, pointing out that banking services have a role active in establishing an attractive and conducive environment for investors at home and abroad.
He noted that the banking sector could play a substantial role in terms of finding financing and investment in various economic sectors, and the consequent expansion of the market and its effects on both ends of the banking equation along with the savings and investment, and make moving from the area of finance Investment sponsor the development and modernization of the productive sectors of the whole to create new dynamics of overall economic construction.
Hndas between that foreign invested companies are facing the absence of discreet banks that facilitate the operations required by the movement of cash by simplifying lending, financing and conversion insurance, stressing that the investment company is considering the work environment and accurate particularly the subject of banking and insurance performance and they are in Iraq require a real review all Mphasalhma.
The Hndas had stressed in an interview earlier to expand the network of banking with international banks which are global confidence in the international banking sector cooperation, pointing out that the banking cooperation mechanism requires moving away from dealing with the banks that fall within the banking group in the black list Alakulaimah.wachar states that most international companies have legal departments studying the mechanisms of banks Wayne location of money laundering and fraud, which requires the development of the banking sector and adoption of sophisticated mechanisms of action away from all these mistakes.
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6/7/2015 0:00
BAGHDAD - morning
development of the banking performance and the advancement of the insurance sector represent the most important turning points of sustainable development in Iraq, as they relate to investment and capital to be attracted to local employment.
Economic Member Baghdad forum Hadi Hndas stressed the need to work to overcome all the challenges facing the advancement of sectors production and service, pointing out The creation of a strong economy is through the establishment of a balanced and integrated economic development, promote the development of economic reality.
He stressed in an interview for the "morning" on the importance of the exploitation of human and material resources and in line with the requirements of sustainable development, noting that begin the process of economic development requires serious action by the public sector and private to be objective serving the national economy through the creation of an appropriate environment, which represent the most important elements of investment attraction.
He pointed out that the development of the banking system in Iraq is extremely important as it is difficult development for banking services to interdependent closely separation, pointing out that banking services have a role active in establishing an attractive and conducive environment for investors at home and abroad.
He noted that the banking sector could play a substantial role in terms of finding financing and investment in various economic sectors, and the consequent expansion of the market and its effects on both ends of the banking equation along with the savings and investment, and make moving from the area of finance Investment sponsor the development and modernization of the productive sectors of the whole to create new dynamics of overall economic construction.
Hndas between that foreign invested companies are facing the absence of discreet banks that facilitate the operations required by the movement of cash by simplifying lending, financing and conversion insurance, stressing that the investment company is considering the work environment and accurate particularly the subject of banking and insurance performance and they are in Iraq require a real review all Mphasalhma.
The Hndas had stressed in an interview earlier to expand the network of banking with international banks which are global confidence in the international banking sector cooperation, pointing out that the banking cooperation mechanism requires moving away from dealing with the banks that fall within the banking group in the black list Alakulaimah.wachar states that most international companies have legal departments studying the mechanisms of banks Wayne location of money laundering and fraud, which requires the development of the banking sector and adoption of sophisticated mechanisms of action away from all these mistakes.
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