The article states that “Iraq, which leads the world in the number of banks, is the weakest in terms of economic influence” : “Despite having more than 70 banks, Iraq’s banking sector remains among the weakest in the region in terms of economic impact, financing capacity, and level of trust…as a large part of these banks does not work as a financier of projects or a supporter of productive activity, as much as they are linked to limited activities that revolve around the state, liquidity and foreign currency…If the country embarks on genuine reform encompassing governance, oversight, digital transformation, building trust, and linking banks to the productive economy, Iraq possesses the market size and domestic demand to build one of the strongest financial sectors in the region.”
These are Iraqi Dinar Guru Updates, News, Opinions, and Intel Dinar Opinion
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