Central Bank raises custody by the Central Bank (via Iraq) after the lifting of capital to 150 billion dinars

Central Bank raises custody by the Central Bank (via Iraq) after the lifting of capital to 150 billion dinars

6-11-14
raiseBrother – Baghdad
Iraqi Central Bank announced on Wednesday, lifting the guardianship by the Bank (via Iraq’s) after a period of more than two years, and while stressing that lifting the trusteeship came after the implementation of the completion of the bank all measures including raising capital to 150 billion dinars, pointed out that he committed the bank to raise Financial head to 250 billion dinars for up to year-end 2014.
The Director General of the Directorate of banking and credit of the Central Bank Abdul Abbas Khalaf in a statement received by the Agency for News News (et) a copy of which was “based on the decision of the Governing Council of the central bank decisions numbered 1510 and the complex on 2 March 2014 in view of the completion of all procedures Bank across Iraq, your terms capital increase to 150 billion dinars in accordance with Article (56 / IV) of the Companies Act in force decided to raise the commandments for this bank. ”

Khalaf said “the central bank committed the bank to raise its capital to 250 billion dinars in
A maximum period until the end of 31/12/2014, “noting that” the capital raising is one of the items that
Signed by the bank and for which it was raised Commandments.
khabaar.net