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Secretariat of the Council of Ministers "clarify" the bank deposit guarantee system

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Secretariat of the Council of Ministers "clarify" the bank deposit guarantee system Empty Secretariat of the Council of Ministers "clarify" the bank deposit guarantee system

Post  Admin Wed Jul 13, 2016 9:23 am

July 13, 2016



Our economy / Baghdad

General Secretariat of the Council of Ministers made it clear guarantee bank deposits, which was approved by the Cabinet last month system.

A statement by the Secretariat, "The Council of Ministers decided in its meeting held on the seventh of June, system No. 3 of version 2016 guarantee of bank deposits, which Dqgah the State Council system, according to the provisions of subsection III of Article 80 of the Constitution, and (b) of 2 of Article IV of the Iraqi Central Bank Law No. 56 of 2004 ".

He explained, "The regime refers in Article I of the Central Bank of Iraq to leave the practice of giving guarantees on bank deposits to a joint stock company established under the provisions of the Companies Act No. 21.

He pointed to the Cabinet Secretariat, that "the text of the rules in Article XVI the last to be implemented this system from the date of its publication in the Official Gazette."




The Council of Ministers has approved in its meeting on the seventh of last June to issue guarantees on bank deposits in the system provided by the Central Bank of Iraq and Dqgah the State Council with the failure to extend the government deposits in state banks to the rules.


http://www.iqtesaduna.com/2016/07/13/%d8%a7%d9%85%d8%a7%d9%86%d8%a9-%d9%85%d8%ac%d9%84%d8%b3-%d8%a7%d9%84%d9%88%d8%b2%d8%b1%d8%a7%d8%a1-%d8%aa%d9%88%d8%b6%d8%ad-%d9%86%d8%b8%d8%a7%d9%85-%d8%b6%d9%85%d8%a7%d9%86-%d8%a7%d9%84%d9%88%d8%af/

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