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Industrial Bank: exit Iraq from Chapter VII gives him the freedom to deal with international banks
On: Sat 12/17/2011 6:55
□ Baghdad / follow-up term economic
Director-General of the Industrial Bank Mohamed Abdel-Wahab: The exit of Iraq from Chapter VII gives the financial sector more freedom in dealing with international banks, and reduce costs to all industrialists, indicating that the abbreviated steps intermediaries and the associated additional costs, In addition to that dealing with global banks have a direct and more credible.
He said Abdul Wahab, according to the Agency (news): The problem of banks in Iraq are selections paragraphs of Section VII attending to deal with banks, local government, which confiscated sums of money that is traded internationally, pointing to the possibility of the adoption of all international regulations banking in our banks, public, and are associate involved in developmental courses in all disciplines to increase the efficiency of bank personnel, and stand on the latest findings of the global banking sector and the mechanics of his work and dealings. The Industrial Bank works to provide loans to a large number of industrial projects in order to activate most of the production in local industries.
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