Cabinet Secretariat indicating guarantee bank deposits system

Cabinet Secretariat indicating guarantee bank deposits system

13/07/2016 10:12

Cabinet Secretariat indicating guarantee bank deposits system[Oan- Baghdad]
General Secretariat of the Council of Ministers made ​​it clear guarantee bank deposits , which was approved by the Cabinet last month system.
A statement by the Secretariat, ” The Council of Ministers decided in its meeting held on the seventh of June , system No. 3 of version 2016 guarantee of bank deposits , which Dqgah the State Council system, according to the provisions of subsection [III] of Article [80] of the Constitution, and b] of [2] of Article IV of the Iraqi Central Bank Law No. 56 of 2004 “.
He explained,” the regime refers in Article I [Iraqi Central Bank may grant leave to exercise guarantee bank deposits to a joint stock company established under the provisions of the companies Act No. 21 of 199].
She drew the cabinet Secretariat to, that ” the text of the rules in article XVI latter that this system is implemented from the date of publication in the official Gazette.”
the Council of Ministers has approved in its meeting on the seventh of last June to issue a guarantee bank deposits system presented by the Central Bank of Iraq and Dqgah the State Council with the failure to extend the government deposits in state banks to the rules.

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