BANKING ACTIVITY IN IRAQ - REALITY AND FUTURE
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Abstract
After 2003, Iraq went through an important historical stage, which led to a radical change in various political, economic and social levels.With regard to its impact at the economic level in general and on the banking sector in particular, we see that this sector has been greatly affected by the change of the political system in Iraq after 2003, although it has gone through several developments during the stages leading up to the said change in financial and monetary policies and the independence of the Central Bank, such factors that contributed to the development of banking activity.In order to develop a future vision, several scenarios were taken, the first represents the continuation or decline of banking activity in Iraq and the second scenario represents the development of banking activity in Iraq.
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