The Central Bank approves the merger regulations and the Union of Banks

The Central Bank approves the merger regulations and the Union of Banks

2019/7/7 14:17

The Central Bank approves the merger regulations and the Union of Banks(Baghdad: Al-Furat News) The Central Bank of Iraq approved on Sunday the controls of merger and the Union of Banks.
The bank said in a statement received {Euphrates News}, a copy of it: “Believing the need to develop and improve services in the banking sector, the Board of Directors of the Central Bank of Iraq on the {controls merger and the Union of Banks} in its resolution No. 90 of 2019.
He added that “the controls included the requirements of merger or union between banks wishing to, as well as the benefits obtained by the merged banks or the United, and the powers of the Central Bank in those operations, and can be accessed through the controls by visiting the website of the Central Bank of Iraq.”

alforatnews.com