HomeBanking Expert: bank fails due to lack of understanding and a joint coordination between the Central Bank and private banks
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Banking Expert: bank fails due to lack of understanding and a joint coordination between the Central Bank and private banks
kiwigirl Thu May 09, 2013 4:11 pm
Baghdad (newsletter). Banking expert blamed the beautiful name, why the banking sector a lack of common understanding and cooperation between the Central Bank and private banks, in terms of logistical and technical assistance.
A beautifully (News Agency): there is a common understanding and coordination between the Central Bank and private banks on the development of the banking system and identify the most important obstacles to finding appropriate solutions.
He added: this is the spacing between the Central Bank and local banks made a big gap in their work which have discredited the control and Government control over the work of private banks and financial and banking transactions.
The banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by property (7) and banks (30) my family including Bank (7) in addition to Islamic banks (6) foreign banks.
Although the investment law No. 13 of 2006 has excluded investment in the banking sector of its investment in the banking sector takes its legal framework based on Central Bank Law No. 56 of 2004, banks no. 94 of 2004, the minimum to establish a bank in Iraq 100 billion Iraqi dinars (around 85 million dollars
A beautifully (News Agency): there is a common understanding and coordination between the Central Bank and private banks on the development of the banking system and identify the most important obstacles to finding appropriate solutions.
He added: this is the spacing between the Central Bank and local banks made a big gap in their work which have discredited the control and Government control over the work of private banks and financial and banking transactions.
The banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by property (7) and banks (30) my family including Bank (7) in addition to Islamic banks (6) foreign banks.
Although the investment law No. 13 of 2006 has excluded investment in the banking sector of its investment in the banking sector takes its legal framework based on Central Bank Law No. 56 of 2004, banks no. 94 of 2004, the minimum to establish a bank in Iraq 100 billion Iraqi dinars (around 85 million dollars
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