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The Minister of Finance is headed by the Supreme Committee for the re-structuring of bank Rafidain and Rasheed meeting
Monday, 10 August 2015
In directing Mr. Prime Minister, by setting a timetable for the restructuring of Rafidain and Rasheed, part headed the Finance Minister Hoshyar Zebari with the Governor of the Central Bank on August 10, 2015, a meeting attended by the President of the Board of Supreme Audit and Director of the Rafidain and Rasheed Bank and a number of the Ministry of Finance and the Central Bank experts to consider the re restructuring of the two banks mentioned through the comprehensive application of the banking system and the possibility of increasing the capital of the two banks in order to enable the practice of comprehensive banking operation, including commercial banking.
The Minister stressed during the meeting the importance of the financial and banking system reform so that it is consistent with the International Standards especially after the Iraq get a credit rating and became part of the movement of global capital markets, and that any delay in the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions
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Monday, 10 August 2015
In directing Mr. Prime Minister, by setting a timetable for the restructuring of Rafidain and Rasheed, part headed the Finance Minister Hoshyar Zebari with the Governor of the Central Bank on August 10, 2015, a meeting attended by the President of the Board of Supreme Audit and Director of the Rafidain and Rasheed Bank and a number of the Ministry of Finance and the Central Bank experts to consider the re restructuring of the two banks mentioned through the comprehensive application of the banking system and the possibility of increasing the capital of the two banks in order to enable the practice of comprehensive banking operation, including commercial banking.
The Minister stressed during the meeting the importance of the financial and banking system reform so that it is consistent with the International Standards especially after the Iraq get a credit rating and became part of the movement of global capital markets, and that any delay in the reform process will reflect negatively on the credibility of Iraq in front of the international financial institutions
[You must be registered and logged in to see this link.]
