The central bank lends to private banks trillion dinars to activate
The central bank lends to private banks trillion dinars to activate
11/10/2016 10:09
[Oan- Baghdad] an
economic adviser to Prime Minister Haider al – Abadi revealed that the Iraqi Central Bank will lend banks and civil banks trillion dinars.
He said the appearance of Mohammed in a press statement that ” the Central Bank of Iraq will be distributed loans worth trillion dinars on private banks estimated fair, under the controls and the ability to manage it.”
Saleh added that ” the loans will include small and medium enterprises that are active capital and the economic cycle in Iraq . ” He pointed out that “some of the complaints which may be raised by the private banks , but the central bank is able to solve them , ” denying “the existence of Marqlat on loan or delay in distribution.”
He said the move ” in order to develop the local economy and resolve the economic problems of the citizens and the support to the initiative of the loans launched by the Central Bank of Iraq. ”
the Governor of the Central Bank and the agency on the Keywords held this week a series of visits included a number of private banks to determine the main obstacles and challenges faced by banks in order to reach one goal , a financial and economic stability.
alliraqnews.com
