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Financial source: the dismissal of Shabibi destroyed citizens' confidence in the central bank and banks
The time on Tuesday, October 23 2012 14:16 | |
Baghdad / Orr News
A source from within the Iraqi Central Bank that the recent crisis, which hit the bank, cast a shadow on credit conditions and bank deposits and transactions and the level of customer confidence in banks which led to the civil money withdrawals by depositors after the bank liquidity eligibility.
The source pointed out that "the crisis will be reflected effects in the near future which will see the loss of some private banks, which will create financial problems affecting the molecules important local economy," explaining that the fear among depositors and clients of private banks grew with all the news published by the media, and suggests where to financial corruption and a long administrative operations of those banks with the knowledge of the Iraqi Central and coverage and the involvement of those banks in financial corruption operations by a central bank auction of dollars.
The source pointed out that "the covert operations are to finance companies and individuals speculating currency through funds of those banks which customer deposits which are used in buying and selling at auction central," noting that "profits up large proportions than ratios that may generate benefits of deposit operations investment funds bank according roads. source confirmed that there is a future financial crisis manipulation and people rushing day to withdraw their money from private banks, a sign is economically healthy. " [You must be registered and logged in to see this link.]
The time on Tuesday, October 23 2012 14:16 | |
Baghdad / Orr News
A source from within the Iraqi Central Bank that the recent crisis, which hit the bank, cast a shadow on credit conditions and bank deposits and transactions and the level of customer confidence in banks which led to the civil money withdrawals by depositors after the bank liquidity eligibility.
The source pointed out that "the crisis will be reflected effects in the near future which will see the loss of some private banks, which will create financial problems affecting the molecules important local economy," explaining that the fear among depositors and clients of private banks grew with all the news published by the media, and suggests where to financial corruption and a long administrative operations of those banks with the knowledge of the Iraqi Central and coverage and the involvement of those banks in financial corruption operations by a central bank auction of dollars.
The source pointed out that "the covert operations are to finance companies and individuals speculating currency through funds of those banks which customer deposits which are used in buying and selling at auction central," noting that "profits up large proportions than ratios that may generate benefits of deposit operations investment funds bank according roads. source confirmed that there is a future financial crisis manipulation and people rushing day to withdraw their money from private banks, a sign is economically healthy. " [You must be registered and logged in to see this link.]
