The Central Bank puts the United Investment Bank under trusteeship
The Central Bank puts the United Investment Bank under trusteeship
2018/11/5 17:47
The Central Bank placed the United Bank for Investment under the trusteeship for not complying with the bank’s decisions, as well as not fulfilling its financial obligations due.
An official letter from the bank to the United Arab Investment Bank received a copy of it today, “the status of the bank under the tutelage and the formation of a committee to carry out functions of guardianship, and provides the guardian and the Trusteeship Committee report within 30 days from the date of the decision on the financial situation of the bank He
noted that” Imad Abdul Hassan Jiyad acts as the bank’s custodian and authorizes the powers specified in the Banking Law. ”
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