Central Bank decides to open a branch in the Kurdistan region

Central Bank decides to open a branch in the Kurdistan region

2016/11/08

, The Board of the Central Bank of the Iraqi administration on Tuesday opened two branches in the Kurdistan region has to manage its functions and exercising its role there.

The bank said in a statement received by "tomorrow Press" that "the Board of Directors decided in its meeting numbered 1546 held on 23 of last month, opening two branches has to manage its activities and functions in the Kurdistan region," noting that "a delegation from the bank visited the region and met with officials there to discuss the opening arrangements branches, where the members of the delegation said the regulatory functions of the bank and its role in price stability and development, and the need to open branches to exercise the role of the central bank and its functions. "


"The officials in the province, praised the initiative and instructed to meet the requirements of making it easier for the central bank to engage his duties there, noting that the central bank had earlier announced the opening of a branch in the mid-Euphrates region-based province of Najaf and this comes under the Bank's policy to strengthen its role the supervisory and control and development and in line with the goals set forth in the law No. (56) for the year 2004 ".

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