Central Bank Governor opens the headquarters of the Iraqi Deposit Insurance Corporation

by **claud39** Mon Apr 19, 2021 10:12 am

Central Bank Governor opens the headquarters of the Iraqi Deposit Insurance Corporation

2021-04-19

Central Bank Governor opens the headquarters of the Iraqi Deposit Insurance Corporation 1618826220111

Shafaq News / The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, opened the new headquarters of the Iraqi Company for Deposit Insurance.

The governor said that the company will contribute to restoring confidence in the private banks operating in Iraq, stressing that the Central Bank will pay attention to this company as it is one of the pillars of the banking business.

He explained that the public and private banking sector actively participated in establishing this company to become one of the pioneering institutions in the banking business and supporting it.

It is noteworthy that the Iraqi Deposit Insurance Company provides a cover to guarantee public deposits with Iraqi banks licensed by the Central Bank of Iraq inside Iraq, especially small depositors.

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