For Immediate Release
March 18, 2004
Private Banks Operate in Iraq
Iraq Fact of the Day
Iraq is making progress towards a competitive, market-based
financial system. Today, Iraqis have a range of banking options -- 19
private banks with 140 branches across the country, and 315 state-owned
bank branches that have reopened since liberation. A modern banking
system will support a new market economy and economic prosperity in
Iraq.
Source: Coalition Provisional Authority, Baghdad.
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