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04/30/2013 12:00 AM
Baghdad morning
completed the Higher Committee overseeing the restructuring of State-owned banks (Rafidain and Rasheed) economic and technical studies needed to implement the policy of restructuring. said committee member Majid picture's (Center Brief for the Iraqi Media Network), said: "All the studies that have been developed for restructuring of State-owned banks has been completed and استحصلت approval by the Supreme Committee supervising and Minister of Finance and the Governor of the Central Bank and Chairman of the BSA. "and added that" the lack of political will is the main problem related to the restructuring of the banks, "pointing out that" the acceptance of virtual exists, but the political will implement conflict with the interests of the administration. " He pointed out that "the problems have been diagnosed of international institutions recognized was developed solutions, and are only waiting for the application." In the opinion of economists local and international to restructure the Rafidain and Rasheed conditional on the process of legislative reform for banks commensurate with the aspirations of the banking business in Iraq. handles the banking process 90 percent of state banks and 10 percent of banks, civil, which requires the trend towards improvement actually banking in the country significantly. include a plan to restructure banks of four axes, restructuring, operating banks and restructuring strategy and re-evaluation of assets of cash for banks, re accounts of banks and audited by the external auditor .
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Baghdad morning
completed the Higher Committee overseeing the restructuring of State-owned banks (Rafidain and Rasheed) economic and technical studies needed to implement the policy of restructuring. said committee member Majid picture's (Center Brief for the Iraqi Media Network), said: "All the studies that have been developed for restructuring of State-owned banks has been completed and استحصلت approval by the Supreme Committee supervising and Minister of Finance and the Governor of the Central Bank and Chairman of the BSA. "and added that" the lack of political will is the main problem related to the restructuring of the banks, "pointing out that" the acceptance of virtual exists, but the political will implement conflict with the interests of the administration. " He pointed out that "the problems have been diagnosed of international institutions recognized was developed solutions, and are only waiting for the application." In the opinion of economists local and international to restructure the Rafidain and Rasheed conditional on the process of legislative reform for banks commensurate with the aspirations of the banking business in Iraq. handles the banking process 90 percent of state banks and 10 percent of banks, civil, which requires the trend towards improvement actually banking in the country significantly. include a plan to restructure banks of four axes, restructuring, operating banks and restructuring strategy and re-evaluation of assets of cash for banks, re accounts of banks and audited by the external auditor .
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