Parliamentary Economy: Banned banks constitute 50% of private banks in Iraq

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Parliamentary Economy Banned banks constitute 50% of private banks in Iraq

50% of Iraq’s private banks are banks that the US Treasury has prohibited, according to information released on Wednesday by the Iraqi Banks Association and the Parliamentary Economy, Industry, and Trade Committee.

According to a statement released by the committee, this occurred when it was hosting the committee led by Representative Ahmed Salim Al-Kanani and in front of its members, the Iraqi Banks Association, and directors of private banks.