Capitalisation, project finance among the issues to address as Iraqi banking sector re-emerges
Issue 842
- 05 Dec 2008
| 3 minute read
Iraq’s banking sector is looking up as it profits from an upturn in regional trade deals, but local institutions remain under-capitalised, leaving them too weak to play a big role in the large-scale financing deals expected to materialise as reconstruction accelerates. Some consolidation is needed to address this challenge, bankers told GSN.
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