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[size=48][ltr]Central bank: near the establishment of guarantee deposits to encourage the company to deposit funds in banks[/ltr][/size]
[ltr]June 7, 2016[/ltr]
[ltr]The Central Bank of Iraq, Tuesday, for the approval of the Cabinet on the draft deposit guarantee system, which includes the establishment of the company contribute to encourage citizens to deposit their money in banks or government civil rather than keep them in their homes.[/ltr]
[ltr]The central bank said in a statement the agency, "our economy" News has received a copy of it, "The Council of Ministers approved the draft guarantee deposits prepared by the bank system," noting that "under this system will be set up a company to guarantee deposits with a capital of 100 billion dinars, and includes the company's private banks and government. "[/ltr]
[ltr]He explained that "the banks will put a certain percentage of deposits the company has a way to ensure pay depositors in case of bank's inability or being subjected to liquidation," noting that "this would motivate people to deposit their money in banks rather than Aktnazha, which misses invest these funds opportunities and stimulate the economy as well as the risks to keep in their homes. "[/ltr]
[ltr]He added that "storehouse of funds outside the banking system of more than $ 30 trillion dinars."[/ltr]
[ltr]The Council of Ministers approved, on Tuesday (June 7, 2016), to issue a guarantee bank deposits system provided by the Central Bank of Iraq and Dqgah the State Council with the failure to extend the government deposits in state banks to the rules.[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
[ltr]June 7, 2016[/ltr]
[ltr]The Central Bank of Iraq, Tuesday, for the approval of the Cabinet on the draft deposit guarantee system, which includes the establishment of the company contribute to encourage citizens to deposit their money in banks or government civil rather than keep them in their homes.[/ltr]
[ltr]The central bank said in a statement the agency, "our economy" News has received a copy of it, "The Council of Ministers approved the draft guarantee deposits prepared by the bank system," noting that "under this system will be set up a company to guarantee deposits with a capital of 100 billion dinars, and includes the company's private banks and government. "[/ltr]
[ltr]He explained that "the banks will put a certain percentage of deposits the company has a way to ensure pay depositors in case of bank's inability or being subjected to liquidation," noting that "this would motivate people to deposit their money in banks rather than Aktnazha, which misses invest these funds opportunities and stimulate the economy as well as the risks to keep in their homes. "[/ltr]
[ltr]He added that "storehouse of funds outside the banking system of more than $ 30 trillion dinars."[/ltr]
[ltr]The Council of Ministers approved, on Tuesday (June 7, 2016), to issue a guarantee bank deposits system provided by the Central Bank of Iraq and Dqgah the State Council with the failure to extend the government deposits in state banks to the rules.[/ltr]
[ltr][You must be registered and logged in to see this link.]
[/ltr]
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