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Economist: the need to develop a branch of the Central Bank in Najaf

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Economist: the need to develop a branch of the Central Bank in Najaf
Ali Salman - 04/14/2013 - 7:14 pm |




Chief Economist oldest Saeed Abbas Mirza that the province of Najaf importance of trade and economic, banking and tourism are eligible to be the branch of the Central Bank of Iraq, and they also Merfia economically renewed and like the provinces of Basra and Mosul and the presence of more than (50) banks between government and civil.
He Mirza that: Najaf eligible previously to open a branch of the Central Bank of the importance of trade and economic, banking and tourism, noting that: Rafidain Bank in Najaf holds (7) within its branch in Iraq, and this confirms the fact that the province ripe for where development a major bank.
He pointed out: we find necessarily have to be there a branch in Najaf runs all provinces Middle Euphrates, because the city is one of the economic cities and industrial very large and that can be through the central bank to facilitate the work of these banks, adding that: all banks are trying to take position in the province , where more than the number of banks (50) between the government and my family.
The Mirza that: Najaf is the first in the investment on the level of Iraq, and including Baghdad, where 57% of the investments the country located in the province, these projects need to banking system and monitor banking and economic, pointing out that: One third of insurance-governmental organizations are in the province, and all this supports that there is awareness of the economic and senior banker.
He Mirza that: the Central Bank is a bank banks who cares power cash and supervises banks in general, and deals with the state first as a system accounting and deals with the banks, so when making branches of the bank should be no need very large and the presence of large banks also because his role will be supervision and follow-up and control of these banks.


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