Banking 200 companies operating in Najaf, five of which are permitted only
Ali Salman - 11/08/2012 PM - 6:23 | Hits: 5
Economic / Buratha News
Head of the Economic Committee in the province of Najaf, about the presence of some 200 companies banking in the province, including the five companies only bear leaves an official, accusing the Iraqi Central Bank flop in his work, noting that the bank was sent to the concerned authorities to wait off the companies' work is approved.
The head of the Economic Committee in the province of Najaf Hussein Zamili that "about 200 banking company operating in the province, but the metaphor of which only less than five companies."
He added that "the work of banking companies is approved, the risk of something going through the country, despite the existence of control over these companies, the economic security of the police that do not have to impose only simple instructions from the concerned authorities."
He explained that "the provincial council instructed the closure of banking companies is approved, but the Central Bank of Iraq face turn instructions to the provincial councils through the Ministry of Provincial Affairs that are selected ten companies banking in each province, but after a varied official books sent from the Central Bank Once you talk for companies to stop work and time to give the Bank the names of companies to choose between them to another book arrived to stop working with books and the last to notice, and remained the company is working on an informal basis. "
He noted that the Council has "all the books issued by the official of the Iraqi Central Bank to prove confusion of the Bank's work in relation to the work of the banking companies."
He called Zamili Central Bank "to put a new mechanism for the work of banking companies and the granting of licenses to those companies in order to avoid the risks that may occur in the country as a result of the work of those companies without licenses and controls to work."
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