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Central Bank Governor: We seek to restore confidence in private banks DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Central Bank Governor: We seek to restore confidence in private banks

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Central Bank Governor: We seek to restore confidence in private banks Empty Central Bank Governor: We seek to restore confidence in private banks

Post by Ponee Fri Jan 13, 2017 8:54 am

Central Bank Governor: We seek to restore confidence in private banks %D8%B9%D9%84%D9%8A-%D8%A7%D9%84%D8%B9%D9%84%D8%A7%D9%82-660x330



 


(Independent) .. Central Bank Governor Ali Mohsen Keywords Ismail said that the Bank has played a significant and distinct role in the transit of Iraq from the financial Dhaigueth between the central bank seeks to restore confidence to the private banks

He said on the sidelines of the banking Keywords Iraqi Forum held in Beirut there is a high degree of confidence between Iraq and Lebanon as financial depth was born to translate the work of Lebanese banks work in Iraq despite the environment experienced by Iraq.

He added that the year 2016 was the most difficult because of what he fronted the country of security and economic conflicts and overcome them victories achieved on the terrorist gangs so Daesh "We look forward to the year 2017 for the promise of victory to crush this organization Alarahpa poof This page dark."

He pointed out that the coming days invite us to be optimistic because of the improved economic conditions and financial indicators after the rise in oil sales prices and reduce the fiscal deficit, not to mention determination and rallying friends of Iraq from countries around the world to help in the construction of the liberated areas.

Bank governor noted that during the difficult events that prevailed in Iraq during the 2016 play's central bank a key role in the restoration of the financial situation that was dangerous because of Iraq's dependence on oil and the continuation of necessary expenses for the salaries of staff and military expenditures and displaced people, through the treasury transfers up to 20 trillion dinars.

And the central bank's position on the private banking sector pointed out that the current phase is witnessing steps to strengthen him confidence between banks through direct contact between the government and other institutions to shore up confidence in my work and in this context, the Bank increased the ceiling for credits and allow for the banking sector to participate in the resettlement of salaries for staff and convince the government distributing salaries to employees.

Keywords explained that the central bank has taken a number of regulatory actions and the application of electronic programs and the application of strict rules on compliance with the rules of Anti-Money Laundering Act and the financing of terrorism has received international acclaim and led to get Iraq out of the gray area which enhances the confidence of financial transactions Iraq.
01.13.2017



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