05-05-2013 10:41 AM
Baghdad (news) .. I suggest a member of the Finance Committee MP / coalition in Iraq / Hassan Salman al-Bayati, the establishment of a joint development bank shareholder of the public and private sectors to be able to provide financial support for the country's economic sectors.
Bayati said (of the Agency news): Iraq needs to establish a development bank shareholder and joint management of the public and private sectors to provide financial loans for vital economic sectors for the purpose of rehabilitation and advancement.
He pointed out: that the banks current two branches of government and private sector is able to contribute effectively to the economic development of the country, through the granting of loans and banking facilities to investors, because the capital of small and lacking the most basic kinds of modern banking technologies.
It is noted that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by ownership between (7) state banks and (30) Bank Ahli including (7) Islamic banks in addition to (6) of foreign banks. / End / 8.'s . /
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