Iraq’s Banking System
Bustam A. Al-Janabi, Managing Director (CEO) of Kurdistan International Bank, one of the leading private Islamic banks in Iraq, discusses Iraqi banking system.
Bustam A. Al-Janabi, Managing Director (CEO) of Kurdistan International Bank, one of the leading private Islamic banks in Iraq, discusses Iraqi banking system, liberalization and new developments in the banking system.
Since 2003 Iraq has enjoyed open economic policies. Banking plays a major role in the economic development of the region; it is the foundation for an economic growth in many sectors – whether financial, construction, agriculture, industry, housing etc. One of the main obstacles hindering the development of the banking system in the Kurdistan region is the cash economy.
Read more about banking in Iraq and banks in Iraq and islamic banks in Iraq.