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Post by roxy22222222 on Thu Feb 01, 2018 9:24 pm

Article:  "CBI Signature of the deposit guarantee company"   Quote:  "In accordance with the duties of the Central Bank of Iraq provided for in its law and in order to ensure the stability of the banking sector and increase confidence in it, "the contract of establishment of the bank deposit guarantee company was signed with the founding body".   This is CBI taking action on a law that was already in place. I have to assume that by the signing of this Doc between the banks and the company providing the insurance for the deposits, this was implemented today. Very much like our FDIC. This is huge news. Investors and the public will now feel safer with their money in the banks. Iraq needed to do this before the Kuwait extravaganza and also it will pull that mattress money out of hiding.
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Post by Kevind53 on Thu Feb 01, 2018 9:53 pm

And .......

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