25-05-2013 11:25 AM
Baghdad (news) .. Deputy Chairman of the Finance Committee MP / coalition of Kurdish blocs / Ahmed iceberg of God, the importance of issuing the regulations of the Central Bank to regulate the work of private banks because they suffer from confusion and malpractice work.
Faizullah said (of the Agency news): that most of the private banks have lost confidence بجمهورها and therefore the impact on the size of their capital through the withdrawal of deposits them, because there is no real monitoring and control by the central bank on it.
He added: that the central bank demands to issue regulations for the work of private banks for the purpose of supporting and encouraging citizens to bid farewell to their money to contribute to the development process through its funding for development projects in the country.
It is noted that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by ownership between (7) state banks and (30) Bank Ahli including (7) Islamic banks in addition to (6) of foreign banks. / End / 8.'s .