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Al-Fath: Foreign banks in Iraq do not have cash value

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Al-Fath: Foreign banks in Iraq do not have cash value
 
    Today 17:35        2 Shares
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Today, Saturday, member of the Al-Fatah Alliance, Mahmoud Al-Hayani,
 
revealed the presence of large corruption files within the Iraqi banking business and the involvement of major figures, while
 
confirming that foreign banks in Iraq do not have monetary value that benefits Iraq.
 
Al-Hayani said in a statement to the Maalouma Agency,
 
Foreign and Jordanian banks in particular do not have funds through which they can supply the Iraqi market with the monetary mass, and
 
their presence inside Iraq does more harm than good,” noting that “the
 
Central Bank of Iraq was unable to find solutions and did not rise to the level.” Required".  He continued, "The
 
reason for the entry of foreign banks into the country is due to American dictates exercised on the Central Bank in order to grant them licenses to operate in Iraq according to special privileges," pointing out that,
 
"The Iraqi government needs support from the political forces and concerted efforts in order to distance the banking business from suspicion." And corruption.”
 
The economic expert, Mustafa Akram Hantoush, had confirmed that the measure taken by the Central Bank of Iraq was to grant business licenses to Jordanian banks and operate in the country, indicating that
 
it was the duty of the Central Bank to strengthen Iraqi banks instead of Jordanian ones. Ended 25/C    
 
https://almaalomah.me/news/72220/politics/الفتح:-المصارف-الأجنبية-في-العراق-لا-تملك-قيمة-نقدية   

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