Introduction to the Development of the Banking Sector in Iraq
Modern Technology – Knowledge and Infrastructure
Aqeel Al-Ansari
This paper aims to address the following question: What is the most effective approach to developing the Iraqi banking sector? To this end, I have focused on the required infrastructure, knowledge, and technology, relying on what exists in the British banking sector. This paper reviews infrastructure at the national and banking sector levels, as well as the banking sector in general, highlighting the mechanisms used and the methods of transferring knowledge and technology to the banking sector. The paper concludes with five recommendations directed at the Iraqi government, the Central Bank, the banking sector, and banks. The most important recommendations focus on seeking knowledge and technology and attrcting their owners through available means and methods.
