Sun 27/05/2012
Baghdad (news) ..
I suggest an improved banking expert on the development of the banking
sector through the introduction of modern electronic systems in his work
to give confidence to foreign investors to invest in Iraq.
Ali (of the Agency news) said on Sunday: Providing banking sector, modern technology has become an urgent need at present to boost investment in the country forward, the fact that the investor today needs a banking system newly away his money on potential risks, pointing out that the banking sector plays a role a key role in attracting investors to the country.
He pointed out: that the Iraqi banking sector is underdeveloped at present and dominated by bureaucratic red tape because of its distance from the development in the world and is unable to interact with international banks, calling on the federal government to seek to improve the sector by resorting to the use of modern technology in the management of banks, as well as to open a regular training courses for staff working in this vital sector.
It consists of the banking system in Iraq (43) banks as well as the central bank and distributed according to ownership between (7) banks and government (30) my family, including Bank (7) Islamic banks in addition to (6) foreign banks.
In spite of the Investment Law No. (13) for the year 2006 excludes investment in the banking sector of its provisions, except that the investment in the banking sector takes its legal framework on the basis of legal central bank number (56) for the year 2004, banks number (94) for the year 2004, with a limit Near to establish a bank in Iraq (100) billion Iraqi dinars (ie, up to $ 85 million (. / Finished / 8. d. Q /
Ali (of the Agency news) said on Sunday: Providing banking sector, modern technology has become an urgent need at present to boost investment in the country forward, the fact that the investor today needs a banking system newly away his money on potential risks, pointing out that the banking sector plays a role a key role in attracting investors to the country.
He pointed out: that the Iraqi banking sector is underdeveloped at present and dominated by bureaucratic red tape because of its distance from the development in the world and is unable to interact with international banks, calling on the federal government to seek to improve the sector by resorting to the use of modern technology in the management of banks, as well as to open a regular training courses for staff working in this vital sector.
It consists of the banking system in Iraq (43) banks as well as the central bank and distributed according to ownership between (7) banks and government (30) my family, including Bank (7) Islamic banks in addition to (6) foreign banks.
In spite of the Investment Law No. (13) for the year 2006 excludes investment in the banking sector of its provisions, except that the investment in the banking sector takes its legal framework on the basis of legal central bank number (56) for the year 2004, banks number (94) for the year 2004, with a limit Near to establish a bank in Iraq (100) billion Iraqi dinars (ie, up to $ 85 million (. / Finished / 8. d. Q /