Sunday, August 28, 2011
Financial Expert: political and security situation behind the reluctance of international banks to partner with the Iraqi
Baghdad, the ills of the financial expert on behalf of Jamil reasons for the reluctance of international banks in partnership with Iraqi banks for the purpose of Alastosmaraly the deteriorating security situation and political and economic in the country.
Jameel said (of the Agency Alabariaanba) on Sunday: that the main reason for the reluctance of international banks sober as a partnership deal with Iraqi banks for the purpose of investment due to the security and political situation and economic unstable in the country.
Continues ..
And that at the feet of the investor to be a country comes from studies of economic, political and security, the investment environment in Iraq is still inconclusive in terms of legal, political, security and even economic.
He added that many investors are coming to Iraq and stay a month or two months without work and they can not make any investment in the country and then migrate because of red tape and bureaucracy in the killer deal.
He called on financial expert to the need to find a solid Iraqi banks and the giant finance operations and investment in the country-style French and American banks for the advancement of the banking sector in Iraq.
