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The banking system

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Post by claud39 on Tue Feb 12, 2019 11:47 pm


[size=36][rtl]The banking system[/rtl][/size]

Tuesday, February 12

The banking system 980-Alsabbaq

Mohamed Sherif Abu Maysam
Everyone is looking forward to economic development in Iraq, resulting in solutions to the decline of the joints of production and services, and the high rates of unemployment on an ongoing basis.
Here, there must be a role for the economic expertise in the private sector, which has the task of managing the national economy constitutionally, where it requires the need to mobilize the right way to achieve the actual benefit resulting in a gradual solution of the problems to the ideal situation to begin after the stage of the real economic revolution.
We have many tasks and many challenges, but they are not impossible. The work tracks can be activated by starting a full review of the reality of the investment environment and identifying the most important challenges that prevent the implementation of the work. Therefore, we will move towards overcoming them through real and real synergies.
We are concerned that there should be an interest in the financing chapter which represents the cornerstone of any activity within the labor market, especially that Iraq is a renewed opportunity and represents a kiss for the major international companies that recognize the presence within such an important field and glory and continuous to the existence of a large workload that accommodates a wide effort locally, regionally and internationally. We are working to create an environment that accelerates the flow of international investment into Iraq.
The need for the cooperation of the financial sector with its public and private banks is very important and represents an imperative in the near future, both of which are to support the other in an economy that requires a large financial cycle. It must be managed through a banking system that has the technological capabilities that are commensurate with the needs of the business. Large numbers in all sectors and cities without exception.
That the existence of harmony between the public and private banking sector is very important, especially after the expansion of the banking system and technology is finding its way in most private banks, which requires us to strengthen confidence between the two sides and in accordance with instructions issued by the Council of Ministers, and that the capital movement guaranteed paths To be ensured by cooperation between the two parties.
The reality of financial work has great responsibilities and a large movement needs to be the banking system is ready for them, and this can not be achieved without serious cooperation within the local financial system, which should benefit from the global experiences of regional and international, especially that the Central Bank of Iraq has made important breakthroughs initiated by international institutions In the performance level.  
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