Association of private banks refuse to establish a body on the private banking sector

Association of private banks refuse to establish a body on the private banking sector

28-10-2013 10:33 AM

Association of private banks refuse to establish a body on the private banking sector Baghdad (news) .. Rejected the Association of private banks create the concerned sector, banking sector, saying it will not be able to end the problems of the banking sector, but ستزيدها additional burden. said Executive Director of the Association Abdul Aziz Hassoun (of the Agency news): that the private banking sector directly linked to the Central Bank and there is no problems between them, where The bank instruct banks applied on the ground. added: that private banks are suffering from many problems, but this body when established will not be able to solve it, but ستزيدها additional burden, noting that these problems need to be considered and discussed by the Central Bank and other stakeholders in order to resolved. stressed: the need for the survival of the private banking sector under the control and supervision of the Central Bank, warned of isolation from one another, which may affect the banking business in the country. / End

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