01/8/2018 12:00 am
Haidar Kazem al-Baghdadi
A number of challenges began our financial sector beyond and makes gains in the most appropriate and most important that the Iraqi banks have reached the vote outside Iraq, and we can consider this as a positive country came out of an exceptional circumstance did not pass any of the countries of the world.
The arrival of the Iraqi banking voice to the international forums is very positive for the domestic financial sector, and achieves economic feasibility of the national economy, where there will be cooperation with international and regional banks have experience in performance and offer high-speed products in a time of competition on the most important between banks the world.
Here we must think about entering into the field of international financial work with all the strength of starting from the fact that Iraq is a pioneer in the region and the world in the performance and financial spread decades ago, and Iraq's economic capabilities require that it has a financial instrument of international credibility and achieve the benefits of cooperation With the largest regional financial institutions And international.
And when we find that a number of Iraqi conventional and Islamic banks are honored by a specialized institution at the Arab level, it is not a vacuum, but there is a financial follow-up by the teams of those institutions noted the existence of discrimination in performance, and this of course reflects a positive image of Iraqi banks that we are aware That not a few of them need to modernize the system and enter strongly into the field of real work to create a state of improvement in public performance, which produces an integrated financial system that puts the Iraqi financial sector in the forefront.
We need to know the requirements of international work and the mechanisms of transfer of advanced banking technology, which promotes payments and offers the best products. It is not harmful to promote the local institutions that adopt advanced technology in the field of payments and support their activities, benefiting the beneficiary citizen and the economy. While working to adopt the best systems For cutting.
The Iraqi financial sector is the focus of regional and international attention and is working to build itself gradually to achieve the advancement and access to the world with the benefit of the advanced systems and continuous follow-up by the Central Bank of Iraq, which gives detailed development of performance is of great importance to create a competitive financial sector in the region and the world, and because Iraq awaits a promising future and size A large business must have a banking sector capable of dealing with the largest numbers to be in Introduction.