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BAGHDAD / News: confirmed Association of Iraqi private banks, on Tuesday, that obstacle investor in the country lies in the private and public banks.
The head of the Association Abdul Aziz Hassoun said in an interview to the "View News" that "local investors and foreign investment is still looking for outlets for the filing of the heads of his money," noting that "red tape and bureaucratic procedures when some quarters prevent him from bringing his money or even put it in our banks so you see Some investment projects stalled or reluctant. "
Hassoun added that "the only solution now is to set up a joint investment banks from the public and private sectors," explaining that "those banks working to revitalize the public and private sectors and expand the capacity and capital as well as increased investments."
"The investor, especially foreign must have a range of facilities including banking facilities, which are considered the most important corner of the investment, how there is investment without the presence of the amounts and how the investor is convinced that his money will not go to another place, so the existence of such banks is ordered necessary. "
The Association of Banks has held, a few days ago, a conference included a large number of banks and government agencies and confirmed attendees on the need to move in order to overcome obstacles through partnerships between the private banking sector and the banking sector the government on the one hand and between them and international banks on the other.
[You must be registered and logged in to see this link.] المصارف: عقبة المستثمر تكمن في البنوك العامة والخاصة
The head of the Association Abdul Aziz Hassoun said in an interview to the "View News" that "local investors and foreign investment is still looking for outlets for the filing of the heads of his money," noting that "red tape and bureaucratic procedures when some quarters prevent him from bringing his money or even put it in our banks so you see Some investment projects stalled or reluctant. "
Hassoun added that "the only solution now is to set up a joint investment banks from the public and private sectors," explaining that "those banks working to revitalize the public and private sectors and expand the capacity and capital as well as increased investments."
"The investor, especially foreign must have a range of facilities including banking facilities, which are considered the most important corner of the investment, how there is investment without the presence of the amounts and how the investor is convinced that his money will not go to another place, so the existence of such banks is ordered necessary. "
The Association of Banks has held, a few days ago, a conference included a large number of banks and government agencies and confirmed attendees on the need to move in order to overcome obstacles through partnerships between the private banking sector and the banking sector the government on the one hand and between them and international banks on the other.
[You must be registered and logged in to see this link.] المصارف: عقبة المستثمر تكمن في البنوك العامة والخاصة
