Deputy: Permit banks to grant credit will facilitate the operations of foreign exchange for the money to citizens and merchants
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Deputy: Permit banks to grant credit will facilitate the operations of foreign exchange for the money to citizens and merchants
Date: 02/19/2013 05:58:27 Tuesday | |
Baghdad (news) .. According to Vice Chairman of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Faizullah, that the decision to give the local authority to give banks credit will facilitate the process of foreign exchange for money for the citizens and merchants, calling for process control to reduce money laundering. Said Faizullah (Agency news): The central bank's decision to authorize the local authority to give banks credit is positive because it will encourage investment and facilitate external transfers of funds. He added: that this process must be accompanied by strict censorship and scrutiny by the central bank to prevent the phenomenon of money laundering because he may exploit this process Lamour illegal by banks, as happened in recent times. This was the central bank announced its authorized local banks empowered to award credit for citizens and merchants and opening letters of credit. http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http%3A%2F%2Fwww.ikhnews.com%2F |
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