Central Bank calls for state ministries to wait to deal with the Bank of the economy

23/06/2014 13:24


Calls for the central ministries to wait for the letters of guarantee issued by the Bank of the economy


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BAGHDAD / obelisk: called on the Iraqi Central Bank, on Monday, the ministries and departments related to patient requests for the letters of guarantee issued by the Bank of the economy.

A statement by the administration of the Central Bank got "obelisk", a copy of "The bank asked the General Secretariat of the Council of Ministers circular to ministries and relevant agencies for the purpose of patient claims for letters of guarantee issued by the Bank of the economy the fact that the bank in the rehabilitation phase."

The Central Bank of Iraq was established in the current method based on the law of the Iraqi Central Bank in 2004 capital unauthorized It is 100 billion Iraqi dinars, which is authorized to manage public and private banks in Iraq.

It is said that the CBI put Economy Bank for Investment under custody earlier this month, stressing that his commitment to promote and protect bank customers, put a sergeant financially to inventory the assets of the bank and put a two-step for the advancement of its final liquidation or after the payment of funds clients.

The central bank said in a statement that "the central bank governor and a number of bank officials met with the chairman of the Bank of the economy and the managing director, and they discussed about the possibility of taking the necessary measures for the advancement of the bank to maintain financial and service its customers."

The statement added that "the representatives of the Central Bank undertook the task of overseeing the effective management of the economy, the Bank for Investment and Finance."


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