Keywords: banks face significant challenges Ttalq economic and security conditions for the country
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Keywords: banks face significant challenges Ttalq economic and security conditions for the country
The governor of the Iraqi Central Bank on the Keywords, the private banks face significant challenges in economic and security conditions experienced by the country.
According Keywords in a statement the "Economy News" that the basis of the work of banks is credit and lending because of bad debt accumulation and failure to pay the amounts of borrowing by the borrowers as it reached the debt to 30% and this is unacceptable and when banks demanding their rights intervention of tribal and security problems.
He added that there is another problem which is the payment of contractors deficit, as well as the use of the Kurdistan Region 7 trillion to private banks without returning them.
He pointed out that the central bank and the banks were able to exceed a lot of problems.
In response to the question: for obstructed some of the banks in repayment of deposits, answered the governor he can not Anqays banks the size in terms of number of banks operating in Iraq amounted to about 60 bank and the size of obstructed banks that do not exceed the number two, how can we measure 2 of 60 bank if the media should be fair toward the financial sector and not to be dragged behind some of the statements.
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