Mayahi calls CBI to support private banks to upgrade economic development

Baghdad (IraqiNews.com) MP Aziz Sharif al-Mayahi, member of the parliamentary Economy & Investment Committee called the Central Bank of Iraq to support the private banks to boost the investment sector.

Mayahi said “The economic development witness continuing progress and the private banks are considered among the most important pillars for encouraging the investment and the development projects, so these banks should be supported by all formal and legal means.”

“The capital of the United Bank for Investment reached IQD 300 billion, which shows the recovery of the Iraqi economy,” he emphasized.