Activate the system (custodian) in Iraqi banks

10/06/2013 12:03:00


The chairman of the Securities Commission Abdul-Razzaq al-Saadi, that the Commission has been working for almost a year to solve the problems that stand in front of the introduction (custodian) in Iraqi banks.

The al-Saadi, in his speech, for PUKmedia, today Monday, 06/10/2013, to the "lack of an international bank takes it upon himself to work with this system."

Saadi added that "the Bank of Dar es Salaam is a bank which has a window in Iraq, where he owns 71.2% of the shares, which should be adopted in this system."

In ăÇíÎŐ conditions necessary to work with (custodian), said Saadi: "from the actual terms of the work of this system Hoon to have to deal with the international banks and must have this international banks a window on Iraq and to work on the basis of cooperation with Iraq and not to lock in the creation of this the system. "


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