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Post by claud39 on Tue Oct 01, 2019 6:59 pm

[size=36][rtl]Banking classification[/rtl][/size]

Tuesday 01 October 2019

Banking classification 980-Alsabbaq

Haider Kazem Al - Baghdadi 

Talking about the financial sector, privatization, financial services and modernity in this detailed cornerstone of the national economy is long, but we must stand at the useful that serves the developmental trends sought by the country.

When looking to develop the financial sector, there is a need to benefit from international experiences in this area and how it is managed by the competent institutions and the size and reality within the financial edifices, which imposes on us the need to benefit from such trends bear the benefit of the Iraqi economy.

Privatization in all developed countries is approved. Large financial institutions specialize in financing strategic projects over a period of years. With limited capital feeding microenterprises.

This is a classification that prevents overlap in the work and find large, medium and small banks to perform their tasks to the fullest and provide products for all segments of society with great flow. Integration with the joints of the economy.

In Iraq, which is a large labor market requires the benefit of this experience, especially as the performance of the Central Bank of Iraq has made progress noted by specialized international organizations, and this is a positive calculated for the financial sector, and indicates the ability of the Central Bank to evaluate the performance of banks in all categories, especially we desperately need To develop the joints of national production and the use of wealth in a manner that achieves the highest degree of benefit.

The transfer of successful global experiences remains one of the most important imperatives for achieving the development goals that we look forward to in the coming days.

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