Publication: Republic of Iraq: Financial Sector Review
Loading...
Files in English
1,164 downloads
460 downloads
410 downloads
Date
2011
ISSN
Published
2011
Author(s)
Editor(s)
Abstract
This report was initiated at the request of the Iraqi government to get a better understanding of the overall financial sector in Iraq. The main objective of the report was to develop a comprehensive assessment of the financial sector. This report takes a first look at the overall financial system of Iraq with a forward looking approach. Key findings of the report are: 1) Iraq's financial sector is dominated by the banking system, with most assets held by state-owned banks; 2) many private banks are in the process of developing modern banking practices, but still need further strengthening and consolidation; 3) other financial markets are concentrated at the Iraqi stock exchange but capitalization is low, and few instruments are traded; 3) the insurance sector is small, dominated by state- owned enterprises, and is not supervised; 4) weak financial infrastructure is a clear impediment to access to finance; and 5) Small Medium Enterprises (SME) and microfinance is not well developed.
Link to Data Set
Citation
“Nasr, Sahar. 2011. Republic of Iraq: Financial Sector Review. © World Bank. http://hdl.handle.net/10986/23965 License: CC BY 3.0 IGO.”
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Related items
Showing items related by metadata.
Error: Could not load results for 'https://openknowledge.worldbank.org/server/api/item/relateditemlistconfigs/5b5bc52e-861b-5ae9-9f4b-9860fd5a8d45_metadata/itemlist'.
Users also downloaded
Showing related downloaded files
Error: Could not load results for 'https://openknowledge.worldbank.org/server/api/item/relateditemlistconfigs/5b5bc52e-861b-5ae9-9f4b-9860fd5a8d45_downloads/itemlist'.