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Commercial Bank: Issuing 333 adopt the values exceeded $ 3.5 million during the first quarter
Tuesday, April 24 / April 2012 14:17
Commercial Bank: Issuing 333 adopt the values exceeded $ 3.5 million during the first quarter
{Baghdad} confirmed the Euphrates News Agency General Director, Chairman of Bank of Iraq Hamdiya dry that the activities of Trade Bank of Iraq had been formed for the first quarter of this year, a significant shift in the overall context of the work of the bank.
He said dry in a press statement received by the agency {Euphrates News} a copy of it today that "restructuring the bank and whose goal is the development and modernization has reached advanced stages, which reflected positively on the nature of the work and the results of the bank," noting that "this progress in our bank denies claims by some employees of government departments, there are some obstacles in the completion of their transactions regarding the issuance of documentary credits. "
She added, "on both face any obstacles in completing the issuance of credits or any other transaction of public or private review of the General Directorate of Bank bringing all proof of his claim in order for the bank to take necessary measures and simultaneously promised to dry answer with full transparency on every case our office and as we committed our customers always.
She said dry that the bank issued during the first quarter of this year {333} the adoption and the values exceeded three million and 500 thousand dollars, with an increase of 8% from the first quarter of last year, where crossed Okiem credits issued by the bank since its inception in 2003 until now, the barrier 50 billion dollars ".
Dry and followed that "the issuance of such a level of Akiem credits can not be achieved in the presence of constraints on the process of banking." Ended
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