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Experts: pull the licenses of some banks do not serve the economic situation in Iraq
April 9, 2014 10:16 Last Updated: April 9, 2014 10:16
Demanded the Association of private banks to develop the work of the government banks of the Rafidain and Rasheed, and pointed out that the Ministry of Finance is able to manage the two banks, but noted that the restrictions government fiscal and monetary private banks re-tard the development of these banks, noting that the withdrawal of the license bank Ahli difficult task reflected negatively on the cash position of the year in the country. said President of the Association of private banks Abdul Aziz Hassoun "long", that "the difficulties set by the Ministry of Finance and government circles in front of private banks led to the delay," adding that "these banks are in constant contact with the Central Bank about the decision to withdraw the licenses some of them, "explained Hassoun that" the designation of private banks b (backward) is an expression of tough, "stressing that it" systems use very sophisticated lacks a government banks such as telecommunications Foreign wide and some of which contain large amounts of capital, activities and ample. "according to Al-term and explained that "the issue of the merger of two banks do not they can deliver top Malhma over 250 billion dinars working since five years and continue to call on the banks to work it," pointing out that "if it was all a bank in his possession 250 billion will be able to deliver top Malhma to the 500 billion dinars, and this is a good indicator for the betterment of the level of these banks. "and" The merger of two types, either short-compelled by the monetary authority or a voluntary agreement among themselves, "adding that" there are 32 banks waged Iraqis and 16 branches of Arab and foreign banks, and in the current year, the Central Bank grant vacations for the branches of the banks only third. " The head of the Association of private banks that "it is not easy for the bank to withdraw licenses of these banks, which are an important part in the economic life of the country even though he is working under his supervision," explaining the existence of "significant differences between private banks and government by hygiene and the service provided to the citizens and the level of accuracy and speed. "
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April 9, 2014 10:16 Last Updated: April 9, 2014 10:16
Demanded the Association of private banks to develop the work of the government banks of the Rafidain and Rasheed, and pointed out that the Ministry of Finance is able to manage the two banks, but noted that the restrictions government fiscal and monetary private banks re-tard the development of these banks, noting that the withdrawal of the license bank Ahli difficult task reflected negatively on the cash position of the year in the country. said President of the Association of private banks Abdul Aziz Hassoun "long", that "the difficulties set by the Ministry of Finance and government circles in front of private banks led to the delay," adding that "these banks are in constant contact with the Central Bank about the decision to withdraw the licenses some of them, "explained Hassoun that" the designation of private banks b (backward) is an expression of tough, "stressing that it" systems use very sophisticated lacks a government banks such as telecommunications Foreign wide and some of which contain large amounts of capital, activities and ample. "according to Al-term and explained that "the issue of the merger of two banks do not they can deliver top Malhma over 250 billion dinars working since five years and continue to call on the banks to work it," pointing out that "if it was all a bank in his possession 250 billion will be able to deliver top Malhma to the 500 billion dinars, and this is a good indicator for the betterment of the level of these banks. "and" The merger of two types, either short-compelled by the monetary authority or a voluntary agreement among themselves, "adding that" there are 32 banks waged Iraqis and 16 branches of Arab and foreign banks, and in the current year, the Central Bank grant vacations for the branches of the banks only third. " The head of the Association of private banks that "it is not easy for the bank to withdraw licenses of these banks, which are an important part in the economic life of the country even though he is working under his supervision," explaining the existence of "significant differences between private banks and government by hygiene and the service provided to the citizens and the level of accuracy and speed. "
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