MP Faizullah: Opening of the American Bank of Iraq will support the banking sector and

29-06-2013

Baghdad (news) .. He Vice President Alljajna Finance MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, that the opening of a U.S. Bank branch in Iraq will support the banking sector and يطوره through gaining experiences and developments owned by that bank.

Faizullah said (of the Agency news): The initiative of the U.S. bank to open a branch in Iraq سينفع the Iraqi economy and the fact that the banking sector is one of the U.S. banks banks global Kettorh and the relevant international experience, so they will be able to contribute to the development of the country's economy.

He added: should the Iraqi banking sector two branches of government and private sectors to take advantage of the expertise possessed by U.S. Bank and international banks to develop their abilities and their work, especially since the Iraqi banks limited experience and is still working according to the old traditional systems.

This has opened the first branch of a U.S. bank in Iraq called Bank 'Krupp City' after receiving initial approvals by the Iraqi side to contribute to the development of the Iraqi economy. / End / 8.'s. M /

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