Sulaymaniyah investors are pumping money to the banks to end the liquidity crisis

Sulaymaniyah investors are pumping money to the banks to end the liquidity crisis

2/13/2014 0:00

10k Iraqi Dinar notesSulaymaniyah – Shirzad Shaikhani
initiated a large number of investors and owners of private companies and local businessmen in the province of Sulaymaniyah to pump their money to banks and local banks contribute to them in the end the liquidity crisis experienced by those banks for several months. problem was confined to the banks of Sulaymaniyah only, but delay payment monthly budget for the Government of the Territory recent transfer of the crisis to other banks in the provinces of Arbil and Dohuk, which have been affected is also a crisis of liquidity. valued citizens in Sulaymaniyah attitude of investors and businessmen, said Abdul Rahman Abdullah, a dealer in electrical materials “such a move worthy of respect, appreciation and indicates the keenness of these the citizens of their city, and that will move the market stagnant for several months due to lack of liquidity in the banks. “said Ibrahim Mohammed (retired teacher):” It seemed these investors keen from the government to the citizens and the functioning of commercial traffic, while neglected the government completely fed banks with liquidity I have many of its officials huge amounts of money stacked under the cellars of their homes, initiated these honorable solving the problem of our government has failed to solve for more than four months. ”

alsabaah.iq