Saturday 19/05/2012
Baghdad (news) ..
Revealed a member of the Committee of Economy and Investment MP /
coalition in Iraq / Nora Albjara, expressed its intention to convene a
special conference to the owners of private banks to know the
constraints of their work and how to develop their potential.
The Albjara (of the Agency news) on Saturday: The Economic parliamentary resolved to convene a special conference brings together the heads of banks boards of private banks to stand on the most important impediments to the work of private banks and search for a mechanism to make them able to contribute to the investment process of the country.
She added: It is necessary to work towards the development of the banking sector in Iraq because it is an important sector of the investment operations in the country, noting that the investment process you need to work sober banking sector according to modern banking technology.
It is noteworthy that the banking system in Iraq consists of forty-three 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 of 2006 had excluded the investment in the banking sector of its provisions but the investment in the banking sector takes its legal framework on the basis of legal central bank No. 56 of 2004, banks No. 94 of 2004, with a minimum to establish Bank of Iraq ( 100) billion Iraqi dinars (ie around 85 million dollars). / Finished / 8. d. Q /
The Albjara (of the Agency news) on Saturday: The Economic parliamentary resolved to convene a special conference brings together the heads of banks boards of private banks to stand on the most important impediments to the work of private banks and search for a mechanism to make them able to contribute to the investment process of the country.
She added: It is necessary to work towards the development of the banking sector in Iraq because it is an important sector of the investment operations in the country, noting that the investment process you need to work sober banking sector according to modern banking technology.
It is noteworthy that the banking system in Iraq consists of forty-three 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 of 2006 had excluded the investment in the banking sector of its provisions but the investment in the banking sector takes its legal framework on the basis of legal central bank No. 56 of 2004, banks No. 94 of 2004, with a minimum to establish Bank of Iraq ( 100) billion Iraqi dinars (ie around 85 million dollars). / Finished / 8. d. Q /