Central Bank: determination of the Finance Committee in Parliament Conference mid-to discuss banking legislation is important

Baghdad/Nina/description of the Central Bank of Iraq Parliament's Finance Committee will hold a Conference to discuss the current mid-banking legislation is very important.

Deputy Bank Governor Mohammad Saleh appearance of the national Iraqi news agency/Nina/all banks operating in Iraq operate under the General Companies Act No. 22 of 1997 amended terms cannot be under this law for governmental imposition of fines on other Government hand.

He recalled that it was necessary to review all banking legislation, whether for banks to governmental or eligibility for the banking sector of important sectors and the main factors of economic development and attract investment to Iraq.

The parliamentary Finance Committee member, MP from the Kurdistan Alliance in the noted Risalat Najib press conference to be held in mid-July to identify faulty banking legislation of governmental and private banks ".



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