Central Bank of Iraq Calls for State Ministries to Wait to Deal With the Bank of the Economy
|June 24, 2014||Filled under Central Bank of Iraq|
Central Bank of Iraq News –
Called on the Central Bank of Iraq, on Monday, the ministries and departments related to patient requests for the letters of guarantee issued by the Bank of the economy.
Statement for the management of the Central Bank got “obelisk”, a copy of “The bank asked the General Secretariat of the Council of Ministers circular the ministries and relevant agencies for the purpose of patient claims for letters of guarantee issued by the Bank of the economy the fact that the bank in the rehabilitation phase.”
Was the Central Bank of Iraq was established in his approach this on the basis of the law of the Iraqi Central Bank to the 2004 capital unauthorized It is 100 billion Iraqi dinars, which is authorized the management of public and private banks in Iraq.
Should be noted that the CBI put Economy Bank for Investment under custody earlier this month, stressing that his eagerness to promote the bank and protect its customers, put a sergeant financially inventory of bank assets and the development of a two-step for the advancement of him or final liquidation after payment of the money his customers.
Said the central bank said in a statement that “the central bank governor and a number of bank officials met with the chairman of the Bank of the economy and the managing director, and they discussed about the possibility of taking the necessary measures for the advancement of the bank’s financial and maintain service customers.”
The statement added that “the representatives of the Central Bank undertook the task of supervising the actual Management Economy Bank for Investment and Finance.”
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