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Economist: 6 government banks lost weight among the countries of the world and the government has to restructure it

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Saturday, February 24, 2018 | 10:20 pm
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Economist: 6 government banks lost weight among the countries of the world and the government has to restructure it

Baghdad/.. The Economist, Jamil Antoine Saturday, confirmed that the Bank of Rasheed and Rafidain, the Agricultural and Industrial Bank, housing and trade lost weight among the world's banks, calling on the federal government to restructure those banks and restore their global economic weight.

"After the crises in the country after 2003, War and terrorism," said Antoine L. "The Eye of Iraq News". and bombings, companies and citizens lost their trust in government banks and refrained from depositing money in government banks.

"Government banks of the Rashid and Rafidain Bank and the agricultural, industrial, housing and commercial bank lost weight among the world's banks because of the economic and security conditions that the country has undergone."

"We call on the federal government to reconsider the government banking sector in order to rehabilitate it by keeping pace with the development of the banking industry," he said. To support the investment sector, build the economy and advance the country through the disbursement of financial loans and their involvement in construction projects."
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