Corrupt administrations seeking to control the banks' capital
Tuesday 10/27/2015 23:35
Baghdad news / Baghdad
Deputy Prime Iraqis and industrial Economists Association on behalf of Jamil Antoine, that the selection of nepotism and clientelism in bank management pushed many citizens to lose faith deposit their money in banks, pointing out that some corrupt administrations seek to control the money banks personal interests heads " . Antoine said in an interview I followed "Baghdad News" that "there are parasitic elements weird trying to impose its control over the banks," pointing out that "there are some corrupt administrations seek to control the banks that serve in their personal interests capital." He noted Antoine to that " banks in the public and private sector still lacks the capabilities and competencies and high levels of the administration, "calling on the government to" train bank employees abroad to learn ways to deal with corruption and deal with the customer at the deposit or the disbursement of funds to be attractive to banks for capital. "Among Antoine" Iraq It has 750 bank branches, but Iraq needs three times that number are distributed to banks in the provinces and work on the development of the Iraqi economy. "
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