Culbertson must allocate part of the banks to support small and medium-sized enterprises


14/08/2016-15:06


News/private economy.



A member of the Iraqi Institute for economic reform Raed Fahmi, on Sunday, to allocate part of the banks to support small enterprises.

Fahmy said in a statement singled out by "economy" must be allocated part of the banks to support small and medium-sized enterprises to provide confidence when citizens with financial institutions for the purpose of placement of funds in banks and not to its collection in their homes, adding that the Iraqi central bank supervision of banks to create confidence among citizens.

He pointed out that the lack of a general culture of deposit most citizens came to the detriment of the financial institution in Iraq.


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