Private banks: Central Initiative strengthened the communication channels between the banking sectors

Private banks: Central Initiative strengthened the communication channels between the banking sectors




06/24/2015



BAGHDAD / Center Brief for the Iraqi Media Network (IMN)

private banks made it clear that the central bank initiative to support small projects fund has strengthened channels of communication between the banking sectors, indicating that the initiative has strengthened channels of interaction between the private and government sector.


He said the managing director of the Iraqi Company for Banking ensure Rola Faleh's (IMN) "We as a sector particularly aspire to have a real partnership with the Iraqi Central Bank and the Finance Ministry and other state bodies."


Faleh explained that "the company reduced the amount of the guarantee of 2% to (8 thousand) to help borrowers."


The Prime Minister adviser appearance of Mohammed Saleh working to improve the credit outlets and improve market outlets and provide soft loans to raise the working capacity of the private sector,

noting that the Central Bank has estimated at five trillion dinars .
small and medium-sized enterprises financial package

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He said the managing director of the Iraqi Company for Banking ensure Rola Faleh's (IMN) "We as a sector particularly aspire to have a real partnership with the Iraqi Central Bank and the Finance Ministry and other state bodies."


Faleh explained that "the company reduced the amount of the guarantee of 2% to (8 thousand) to help borrowers."


The Prime Minister adviser appearance of Mohammed Saleh working to improve the credit outlets and improve market outlets and provide soft loans to raise the working capacity of the private sector,