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[size=36]Association: Banks that are prohibited from dealing in dollars carry out their business in a very normal way in other currencies[/size]
Economy | 11:35 - 07/27/2023
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Baghdad - Mawazine News
The Iraqi Private Banks Association announced that the banks that were subjected to a ban from dealing in US dollars continue their normal business in providing local banking services with complete freedom to the public in the Iraqi dinar currency, in addition to their right to international dealings in currencies other than the US dollar, and this was confirmed by the Central Bank of Iraq.
The Association said in a statement, which Mawazine News received a copy of, that "the Central Bank of Iraq did not freeze the licenses of the 14 banks, and they are still exercising their functions in receiving deposits, granting loans, and other various banking services, and that all these banks guarantee their deposits through the Iraqi Deposit Guarantee Company."
And the Association called for "this procedure to be dealt with within professional controls and principles, and not to promote unreal news that weakens the status of the Iraqi banking sector and the public's confidence in it." Ended 29 / h.
The Iraqi Private Banks Association announced that the banks that were subjected to a ban from dealing in US dollars continue their normal business in providing local banking services with complete freedom to the public in the Iraqi dinar currency, in addition to their right to international dealings in currencies other than the US dollar, and this was confirmed by the Central Bank of Iraq.
The Association said in a statement, which Mawazine News received a copy of, that "the Central Bank of Iraq did not freeze the licenses of the 14 banks, and they are still exercising their functions in receiving deposits, granting loans, and other various banking services, and that all these banks guarantee their deposits through the Iraqi Deposit Guarantee Company."
And the Association called for "this procedure to be dealt with within professional controls and principles, and not to promote unreal news that weakens the status of the Iraqi banking sector and the public's confidence in it." Ended 29 / h.
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