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United Bank is threatening to sue the Central Bank in the case of "prejudice" and confirms its capital and access to 300 billion dinars
Threatened United Investment Bank, on Thursday, the prosecution of the CBI in the case taken decisions that affect him and his shareholders, and pointed out that he was able to overcome the "obstacles", despite the late adoption of the general budget of the security situation, as he emphasized the bank's capital and access to three hundred billion dinars.
The Managing Director of the United Bank for Investment Muhannad denominator for a number of media, including "time", on the sidelines of its Board of Directors held an annual meeting in the meetings of the bank hall in Baghdad, said that "the General Assembly meeting of the United Bank for Investment had been successful and turn us toward step end of the financial year and start year new financial endeavor will be to achieve our goals to double. "
Qasim said that "the security situation in Iraq and the delayed adoption of the budget has had a negative impact on the economic and financial situation, but we can overcome these obstacles," and threatened "the establishment of a lawsuit on the Central Bank of Iraq in the event of action by the touches United or the rights of shareholders bank or decision is not satisfied by the legal department and senior management of the United Bank for Investment. "
For his part, said an expert on the United Bank for Investment Abdul Rahman Shaykhli for "time", that "the United Bank for Investment and despite the conditions experienced by the country's security and economic crisis on the back of delay the general budget, but we are convinced by profits for this year."
Shaykhli stressed that "this year will see the distribution of profits to shareholders by high after the bank exceeded the funds required by the Central Bank after the bank exceeded the funds required by the Central Bank of the capital of the bank amounted to three hundred billion dinars."
The Governor of the Central Bank of Iraq agency, revealed the first Monday of December 2014, the amendments to the central bank and banking laws, money laundering and reached the final stages, among the several meetings with Parliament Speaker Salim al-Jubouri for ratification soon, the bank's board described as "internal committee need to be extended."
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