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Cabinet: banks are obliged to pay the full amount requested by the applicant
March 17, 2015
He Msch The appearance of Mohammed Saleh R-Prime Minister for Economic Affairs, the appearance of Mohammed Saleh, said that slough some banks from paying the full amount requested by the applicant under the pretext of lack of financial liquidity is contrary to the laws and requires the intervention of the Central Bank of Iraq.
Salih said the Audit Department and the banking of the Central Bank of Iraq is responsible for monitoring the safety of liquidity Financial banks and flow and consider complaints and speed to take measures to verify because of non-payment of the banks and the amounts requested by the owner of the funds deposited in the custody of those banks at any time he wants, as Saleh said the department study the issue, there are topical problems occur in banks in the world can be remedied and there are problems up to further and moving towards deterioration and requires the central bank to impose temporary administration of the bank to maintain shareholders' equity.
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March 17, 2015
He Msch The appearance of Mohammed Saleh R-Prime Minister for Economic Affairs, the appearance of Mohammed Saleh, said that slough some banks from paying the full amount requested by the applicant under the pretext of lack of financial liquidity is contrary to the laws and requires the intervention of the Central Bank of Iraq.
Salih said the Audit Department and the banking of the Central Bank of Iraq is responsible for monitoring the safety of liquidity Financial banks and flow and consider complaints and speed to take measures to verify because of non-payment of the banks and the amounts requested by the owner of the funds deposited in the custody of those banks at any time he wants, as Saleh said the department study the issue, there are topical problems occur in banks in the world can be remedied and there are problems up to further and moving towards deterioration and requires the central bank to impose temporary administration of the bank to maintain shareholders' equity.
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