BAGHDAD/ Aswat al-Iraq: Parliament Financial Commissions began its deliberations to free private bank from the pressures practiced by the Central Bank of Iraq (CBI).

MP Haitham al-Jbouri, in press statement, said "we are trying to liberate some official banks from the clutches of the ministry of finance, in order to have more financial independence".

He stressed that the changes depend on the security stability and banking financing in the country.

The CBI, earlier, announced its intention to change the banks into great financial institutions.