Latest topics
Sansar Capital Management LLC published a report on the Iraq banking sector
2 posters
Page 1 of 1
Sansar Capital Management LLC published a report on the Iraq banking sector
by Ponee Sun May 12, 2013 10:41 am
5-11-2013 Newshound Guru American Contractor Recently Sansar Capital Management LLC published a report on the Iraq banking sector. I’ve written some notes on some of the details in the report. Such as there is no de-dollarization of the Iraqi economy. Al-Warka Bank is still in receivership and bankrupt. Over 80% of Iraqi’s do not have a bank account. ATM machines are not connected to the national switch and as such customers of one bank cannot access their funds from ATM Machines from another bank. One of the contributing factors of the low usage of banks by Iraqi’s is the lack of trust in the Iraq banking system. The two state banks Rasheed Bank and Rafidain bank are still trying to restructure with the help of the World Bank. The Iraq banking still has more improvements to make in order to compete in the 21st century Middle East. It will get there just take a little more time.
Read more: http://www.dinarguru.com/#ixzz2T5bikQ2g
Read more: http://www.dinarguru.com/#ixzz2T5bikQ2g
Ponee- Admin
- Posts : 38267
Join date : 2011-08-09
Re: Sansar Capital Management LLC published a report on the Iraq banking sector
by Kevind53 Sun May 12, 2013 3:15 pm
Been a while since we have heard from him, but I think he is essentially correct. There are still things that need to be completed.
*****************
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
Kevind53- Super Moderator
- Posts : 27254
Join date : 2011-08-09
Age : 24
Location : Umm right here!
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» Go Russia
» Go Russia
» Textbook Tony
» The Rockefellers and the controllers are freaking out right about now
» Phony Tony sez: Full Steam Ahead!
» Dave Schmidt - Zim Notes for Purchase (NOT PHYSICAL NOTES)
» Russia aren't taking any prisoners
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
» ZIGPLACE
» CBD Vape Cartridges
» Classic Tony is back
» THE MUSINGS OF A MADMAN
» Minister of Transport: We do not have authority over any airport in Iraq
» Did Okie Die?
» Hello all, I’m new
» The Renfrows: Prophets for Profits, Happy Anniversary!
» What Happens when Cancer is treated with Cannabis? VIDEO
» An Awesome talk between Tucker and Russell Brand
» Trafficking in children