The central bank imposes tutelage on my family's bank "evaluate the work
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The central bank imposes tutelage on my family's bank "evaluate the work
Admin Tue Dec 27, 2016 9:44 am
Author: AR, ASJ
Editor: AR
12/27/2016 13:51
Long-Presse / Baghdad
It decided to CBI, on Tuesday, imposing guardianship on Ahli Bank after the financial debacle, as trusteeship attributed to "evaluate the work of the bank."
A source said the banking sector in an interview with (long-Presse), that "the Iraqi Central Bank decided to impose guardianship on the Tigris Bank and the Euphrates after the financial debacle," noting that "No. Banking Act (94 of 2004) makes the central bank authorized all the powers which it operates this the bank and be responsible for all operations. "
The source, who asked not to be named, said "guardianship will be to evaluate the bank and the possibility of returning to normal after a period of time and make it a competitor to banks and other", pointing out that "guardianship does not mean that he will become a penniless but for the advancement of it."
http://www.almadapress.com/ar/NewsDetails.aspx?NewsID=6057
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