iraq banks

Iraqi Banks Rely on Government Support to Recover from Daesh Devastation

By Saif Hameed BAGHDAD, Dec 5 – Iraq’s private banks are pinning hope on the oil-rich government to bring back into the black their balance sheets severely affected by Daesh’s take over of parts of the country. In an interview with Reuters on Monday, Iraqi Private Banks’ Association President Ali Tareq said that several lenders

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