@article{Obeyd_Dhahir_2019, title={Analysis of patterns of foreign direct investment in the Iraqi banking sector for the period 2003-2016}, volume={8}, url={https://journals.nawroz.edu.krd/index.php/ajnu/article/view/468}, DOI={10.25007/ajnu.v8n4a468}, abstractNote={<p>FDI flows to developing countries, especially in the 1990s, have become increasingly important as a major source of external financing. The increase in the size of this investment has been accompanied by a noticeable change in its structure. Investment in the form of acquisition of existing assets has expanded much more rapidly than investment in new assets, especially in countries that are in the process of large-scale privatization of public institutions and the transition to a market economy.<br>The Iraqi banking sector has witnessed since 2003, under the liberalization procedures and the transition to a market economy, the entry of many foreign banks. The new procedures and legislation assisted by the government have allowed entry into two main types: entry pattern through acquisition and partnership and entry pattern by opening new branches wholly owned by the foreign bank. Therefore, this research aims to analyze the patterns of foreign banks’ access to the Iraqi banking market for the period 2003-2016.<br>To achieve the research objective, the inductive method was used by moving from part to whole, using the graphical and quantitative method in presenting and analyzing the available data. The research found a basic conclusion that the pattern of entry through acquisition and participation was more appropriate for the development of banking services in Iraq, and the provision of financing can help support economic growth.</p>}, number={4}, journal={Academic Journal of Nawroz University}, author={Obeyd, Salah R. and Dhahir, Abdulhameed S.}, year={2019}, month={Dec.}, pages={239–253} }