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Amer Winner: call Mr. Hakim to activate the banking system will push forward the country
Wade member of the Committee on Economy and Investment parliamentary Amer winner invitation of the President of the Islamic Supreme Council of Iraq Ammar al-Hakim to activate the banking system in Iraq because that would push the country forward.
He said the winner told {Euphrates News} on Tuesday, "We are inviting the al-Hakim in the activation of the banking system of the country altogether to do this sector," adding that "these calls reflect the clear vision of the functioning of the economy in the country and pay it forward."
"The first problems faced by investors who want to invest in Iraq is contexts banking and banking system complex," noting that "had previously asked to modify this system to find systems new global banks so that we have to pay for this field service for the Iraqi people."
He continued winning his speech by saying that he "must reconsider these areas and support the private sector because it is the backbone of the economy in all countries of the world and today Iraq will depend on its policy on the free market must be activating the role of the country's economy service for the Iraqi people of Iraq who have suffered a lot of deprivation due to past policies ".
It is noted that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed according to ownership between {7} state banks and {30} waged, including banks {7} Islamic banks, in addition to {6} foreign banks.
Although the Investment Law No. 13 of 2006 has excluded investment in the banking sector of its provisions except that the investment in the banking sector takes its legal framework based on the legal central bank No. 56 of 2004, banks No. 94 of 2004, with a minimum to create a bank in Iraq 100 billion Iraqi dinars {any up to $ 85 million}.
It is said that the head of the Supreme Islamic Iraqi Council called at the first annual conference of businessmen in Iraq on the first Saturday to provide effective banking network to finance the private sector and updating legislation to which they relate.
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Wade member of the Committee on Economy and Investment parliamentary Amer winner invitation of the President of the Islamic Supreme Council of Iraq Ammar al-Hakim to activate the banking system in Iraq because that would push the country forward.
He said the winner told {Euphrates News} on Tuesday, "We are inviting the al-Hakim in the activation of the banking system of the country altogether to do this sector," adding that "these calls reflect the clear vision of the functioning of the economy in the country and pay it forward."
"The first problems faced by investors who want to invest in Iraq is contexts banking and banking system complex," noting that "had previously asked to modify this system to find systems new global banks so that we have to pay for this field service for the Iraqi people."
He continued winning his speech by saying that he "must reconsider these areas and support the private sector because it is the backbone of the economy in all countries of the world and today Iraq will depend on its policy on the free market must be activating the role of the country's economy service for the Iraqi people of Iraq who have suffered a lot of deprivation due to past policies ".
It is noted that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed according to ownership between {7} state banks and {30} waged, including banks {7} Islamic banks, in addition to {6} foreign banks.
Although the Investment Law No. 13 of 2006 has excluded investment in the banking sector of its provisions except that the investment in the banking sector takes its legal framework based on the legal central bank No. 56 of 2004, banks No. 94 of 2004, with a minimum to create a bank in Iraq 100 billion Iraqi dinars {any up to $ 85 million}.
It is said that the head of the Supreme Islamic Iraqi Council called at the first annual conference of businessmen in Iraq on the first Saturday to provide effective banking network to finance the private sector and updating legislation to which they relate.
[You must be registered and logged in to see this link.]
