Dinar Reporter (IQDUSD)

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TRANSPARENCY? Banks eligibility demanding release of the Central Bank the value of bank credits


بم 2003 . Banks appealed to the civil Iraqi government the Iraqi Central Bank by opening the value of their financial allocations and not identified as a certain amount of world countries in order to allow them to move according to market economics and modern to serve the economic transformation plans adopted by the government since 2003.
ة. They asked the Central Bank of Iraq not to determine the ceiling material to their financial allocations, since it represents a hindrance to the expansion of infrastructure bank has successively and thus freezing business dealings, whether external Awaldakhalih.
وال. In this context, the Commissioner said Deputy Director of the Bank Alorca of investment and finance, Mohamed Hassan Said in an interview with "Sabah" that the banks need the support of civil government representative of the Iraqi Central Bank through the opening credits without adherence to a certain ceiling and submitted it to revitalize the national economy, taking into consideration The efficiency of the bank and the package of services provided by the bank and the development processes of restructuring as well as lifting his head like those achieved by the bank to introduce Sovietizing the banking dealings to facilitate services to customers for the first time in Iraq as well as put up a new interest rate on deposits of three types and amount to 12 percent for three months And 13 percent for six months and 14 percent for one year.
. He added that the bank grants in the same context, the smart card serve its customers and ATM and the issuance of guarantees and opening credits low through the Internet service bank "e-bank" and using a password containing the account number and name.

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