Three million Iraqis will create a bank account over the next two years

Three million Iraqis will create a bank account over the next two years

Date Posted 06/12/2017 01:20 PM

Three million Iraqis will create a bank account over the next two yearsThe Iraqi Association of Private Banks announced that about three million Iraqis will establish a bank account during the next two years because of the project to settle salaries of state employees.
The Executive Director of the Association of Private Banks, Ali Tariq, that the project to settle the salaries of public sector employees of important projects that will withdraw funds stored in homes and deposited in the banking sector, which reflects positively on the development movement, adding that about three million Iraqis will establish a bank account during The next two years are working in the public sector to receive their salaries.
The Central Bank of Iraq estimates that money in homes is about 34 trillion dinars, representing more than 70 percent of the currency.

altahreernews.com