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Banking reform in Iraq - the reality and requirements | ||
| AL-Qadisiyah Journal For Administrative and Economic sciences | ||
| Article 1, Volume 14, Issue 1, 2013, Pages 176-194 PDF (0 K) | ||
| Authors | ||
| Abdul Athim A. Al-Shukri; Hayat A. Hussein | ||
| Abstract | ||
| The need emerged for Banking reform in Iraq after 2003 as a result of political and Economic changes of pursuing of transition to a Market economy and to increase the efficiency and capacity of the Iraqi Banking system to provide funding for investment , production and other Economic processes , and for the purpose of achieving reform in question Iraq proceeded to implement a number of measures, was to a change the previous law by new laws , as well as replacement of old currency for new currency , as well as change the type of Banking supervision from controlling in to selective as well as to make way for foreign Banks to open branches in Iraq as well as the restructuring of some Iraqi Banks, these reforms have affected positively on the performance of some indicators, Bank deposits and bank credit while no clear impact on other indicators of the banking like the Banking Depth which calls for the provision of a number of requirements to improve the work of the Iraqi Banking system. | ||
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