Economist: Iraqi banks continue to gradually emerge from the impact of US sanctions.

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Economist: Iraqi banks continue to gradually emerge from the impact of US sanctions.

financial professional Mustafa Akram Hantoush confirmed that the Iraqi banking system has been experiencing a state of “restrict” for a long term.

In a televised interview accompanied via dinaropinions.com, Hantoush said, “Iraqi banks are going thru a transitional segment from the outcomes of sanctions toward openness, which calls for severe and non-stop reforms.”

He talked about that “Rafidain financial institution’s partnership with American groups represents a correct step in the direction of strengthening self belief in the Iraqi financial area.”