Home
CBI covers overseas banks dollar accounts
2/3/2015
Iraqi Central Bank has agreed to cover the bank accounts outside the country in dollars to cover imports, pointing to the formation of a committee to reconsider the restructuring benefits. According to a statement directly obtained a copy of the Central pointed out that the decision was in line with our responsibilities in supporting the development and stimulate the Iraqi economy has been taking a number of decisions, including, approval to do to cover bank accounts abroad in US dollars to cover imports of customers and for other purposes without the need to pass a window sell the currency at the central bank, "he said, adding that he" will take control over those operations within a simplified and transparent mechanism. " The statement added that he "has to approve the appointment of a representative of the private banks in the central bank's board in addition to speed up the enactment of the Deposit Insurance Act."
[You must be registered and logged in to see this link.]
2/3/2015
Iraqi Central Bank has agreed to cover the bank accounts outside the country in dollars to cover imports, pointing to the formation of a committee to reconsider the restructuring benefits. According to a statement directly obtained a copy of the Central pointed out that the decision was in line with our responsibilities in supporting the development and stimulate the Iraqi economy has been taking a number of decisions, including, approval to do to cover bank accounts abroad in US dollars to cover imports of customers and for other purposes without the need to pass a window sell the currency at the central bank, "he said, adding that he" will take control over those operations within a simplified and transparent mechanism. " The statement added that he "has to approve the appointment of a representative of the private banks in the central bank's board in addition to speed up the enactment of the Deposit Insurance Act."
[You must be registered and logged in to see this link.]
