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Central Bank: Five points monitors the integrity of the granting of loans
September 11, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Governor of the Central Bank on the Keywords confirmed the existence of five regulators will oversee and monitor the process of granting financial loans to ensure the integrity and transparency of lending.
Keywords and said to (IMN) that "the central bank committed banks to publish data on all loans granted by the first hand in order to achieve transparency and community control."
He stressed that the "5 points assume control over the Central Bank to grant loans to ensure the integrity and transparency of lending."
And called on the Supreme religious authority on Friday Govt strict procedures in the disbursement of the amounts Okarztha the central bank, amounting to five trillion dinars control, which will be distributed as a loan industrial, agricultural and housing projects, and not to allow the heads of corruption that their hands stretching it, in order to tackle unemployment and diversify the production base, as well as allowing the domestic product to compete with imported goods.
He announced the governor of the bank on the Keywords earlier that the central bank plays a major role, as well as attention to economic development, at a time that has seen inflation of previous years and the central role of the withdrawal of liquidity, but now the market is in a state of deflation so we inject liquidity to revive the Iraqi economy.
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September 11, 2015
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) - Governor of the Central Bank on the Keywords confirmed the existence of five regulators will oversee and monitor the process of granting financial loans to ensure the integrity and transparency of lending.
Keywords and said to (IMN) that "the central bank committed banks to publish data on all loans granted by the first hand in order to achieve transparency and community control."
He stressed that the "5 points assume control over the Central Bank to grant loans to ensure the integrity and transparency of lending."
And called on the Supreme religious authority on Friday Govt strict procedures in the disbursement of the amounts Okarztha the central bank, amounting to five trillion dinars control, which will be distributed as a loan industrial, agricultural and housing projects, and not to allow the heads of corruption that their hands stretching it, in order to tackle unemployment and diversify the production base, as well as allowing the domestic product to compete with imported goods.
He announced the governor of the bank on the Keywords earlier that the central bank plays a major role, as well as attention to economic development, at a time that has seen inflation of previous years and the central role of the withdrawal of liquidity, but now the market is in a state of deflation so we inject liquidity to revive the Iraqi economy.
[You must be registered and logged in to see this link.]
