International bank .. Iraq is a market for all investors
Baghdad / term Presse promised global financial institution, that Iraq constitutes a market "mouth saliva" Every investor and businessman, while the International Monetary Fund forecast, to achieve Iraq's growth rate of nine percent for 2013 current, suggested the International Energy Agency that Iraq will contribute including accounted for 45 percent of the supply of international oil during the current decade, and become a second source of oil in the world during the thirties of the second millennium of the current century. came in the wake of the "concerns" expressed by some quarters of financial and economic crisis, to enter the Iraqi market, and criticism of the Bank of City U.S. Citibank, which is the oldest on the opening of a branch in the Iraqi capital Baghdad, (24 June 2013), the possibility of face some difficulties result of increased rates of violence recently, in the country of "war-torn", with a rate of administrative corruption that could lead to " legal risks serious ", was quoted by satellite Fox News the U.S., in a report published on its website, and briefed the (long-Presse), a copy of it. quoted space for President of the Foundation Sansar Capital Sansar Capital, to manage financial assets, Sanji موتواني, which invests 30 million dollars in Iraq, said that "Iraq is a market mouth saliva every investor and businessman," and wondered "if the atmosphere in Iraq dangerous really to do business, why the Bank City to go to him." and cited Fox News, that "the time that make it U.S. economy effort to achieve super speed to beat the speed of Chinese investment, the IMF predicts the strength of the Iraqi economy, amounting to $ 150 billion to achieve a growth rate of nine percent increase from the rate last year, amounting to 8.4 percent, "indicating that" the International Energy Agency believes that Iraq contribute, including 45 per cent of the equipment the international market oil during this decade, and also expect that Iraq will become a second source of oil in the world during the thirties of the second millennium 2030 ". said satellite American figures, that the "net interest margin in Iraqi banks, which measure the base for banks, is an attraction last for foreign banks to operate in Iraq. " and quoted موتواني also saying that "rates of interest on loans Iraqi ranging generally up to 12% and interest rates, deposit up to 4%, which is what gives the percentage of very high profits for banks up to 8% compared to 1 % to only 2% of the profits of banks loans Bank. "
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