Central Bank decides to launch an amount trillion dinars for private banks
Central Bank decides to launch an amount trillion dinars for private banks
Tuesday, May 19, 2015 15:51
BAGHDAD / Baghdadi News / .. The central bank decided on Tuesday to launch an amount trillion dinars for private banks.
A statement of the Central Bank received / Baghdadi News / copy of it, that “the Board of Directors decided to increase the share of dollar sales for banking companies and foreign transfers, and reduce the time period for the implementation of foreign remittances.”
The statement added that “the Council stressed on the development of measures to address the situation of some private banks and experiencing a shortage of liquidity in order to ensure treatment of their positions.”
He pointed to “the approval of the launch amount trillion dinars for private banks, for the purpose of financing small and medium enterprises loans to citizens and approve their own controls, as well as approval of instructions regulating the work of guaranteed bank loans companies.”
It pointed to “direct economic expert Majid picture as a member of the Board of the Central Bank representatives from private banks, after obtaining the approvals it,” .anthy 21 / T
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