The Central Iraqi assesses the financial position of private banks

by **claud39** Thu Dec 03, 2020 11:20 am

The Central Iraqi assesses the financial position of private banks

(Central Iraqi) - 03/12/2020

The Central Iraqi assesses the financial position of private banks %D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82%D9%8A-%D9%8A%D9%82%D9%8A%D9%91%D9%85-%D8%A7%D9%84%D9%85%D9%88%D9%82%D9%81-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A-%D9%84%D9%84%D9%85%D8%B5%D8%A7%D8%B1%D9%81-%D8%A7%D9%84%D8%AE%D8%A7%D8%B5%D8%A9

The Board of Directors of the Central Bank of Iraq decided to re-evaluate the financial position of private banks.

The bank said, "In its session held last September, it decided to reassess the financial position of all private banks, by directing the departments concerned with this bank, to audit and evaluate the capital of private banks and determine the percentage of deficit and the sources of those funds. He added, "The decision comes in line with the reform plan led by the management of this bank to create a real banking sector that is in harmony with the requests of depositors in dealing with these banks."

It is noteworthy that most of the more than 60 operating banks in Iraq do not have credit; Consequently, most specialists see that it "makes a large living on the currency auction conducted by the Central Bank."

https://uabonline.org/%d8%a7%d9%84%d9%85%d8%b1%d9%83%d8%b2%d9%8a-%d8%a7%d9%84%d8%b9%d8%b1%d8%a7%d9%82%d9%8a-%d9%8a%d9%82%d9%8a%d9%91%d9%85-%d8%a7%d9%84%d9%85%d9%88%d9%82%d9%81-%d8%a7%d9%84%d9%85%d8%a7%d9%84%d9%8a-%d9%84/