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Tomorrow Press / Baghdad: called on the Central Bank of Iraq, on Monday, the 19 foreign banks operating in Iraq to activate its role in the Iraqi banking sector, stressing that he will support the entry of foreign banks into Iraq.
The governor of the Bank and Abdul Basit Turki agency for "tomorrow's Press," that "the Iraqi banking sector needs to be a phase of integration with foreign banks operating in the country in order to benefit from their experience and the development of the Iraqi banking sector to create the base of sophisticated financial deal."
Turki said after meeting managers of Commissioners for foreign banks operating in Iraq, that "the success of foreign banks in its mission in Iraq would be an important achievement for Iraq in terms of attracting investment and the introduction of capital and the creation of the handle financial system and banking facilities are required for any investment environment."
He stressed that "the central bank supports the entry of foreign banks into Iraq and seeks to facilitate their work for the sake of joint cooperation for the benefit of the duo."
The experts, economists, bankers and encouraged the opening of branches of foreign banks in Iraq, Adin it of the state of health because it will contribute to support the economy and create competition with local banks, will also enhance confidence in the Iraqi market.
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