Author: Al Bayan wrote: February 11, 2013: Iraq News | comments: 0
BAGHDAD / statement
on the Central Bank of Iraq departments banks licensed banking practice
to introduce controls for granting credit cash and promissory for
individuals and companies.
The face of the central bank in a
statement that banks need to identify the minimum insurance that met by
the bank when granting credit, including the powers to ensure the
special natural and legal individuals and announce to the public in the
first of the month of March.
"We apply these controls on
transactions from the twenty-eighth of last January may not be changed
until after the announcement a month before the date of change and be
displayed these controls in the first meeting of the General Authority
of the bank to obtain the consent shall not be changed except by it."
adopt these controls in the control by the central bank on this
activity, in addition to currently approved controls and announce to the
public immediately after approval by the media and the website of the
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