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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Banker: private banks need to regulation and supervision by the central bank

    Hkp1
    Hkp1
    Interacting Investor
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    Posts : 3118
    Join date : 2012-12-19

    Banker: private banks need to regulation and supervision by the central bank Empty Banker: private banks need to regulation and supervision by the central bank

    Post by Hkp1 Fri 17 May 2013, 12:36 pm

    Banker: private banks need to regulation and supervision by the central bank



    17-05-2013 | (Voice of Iraq) - Add a comment -
    Baghdad (news)

    Banking
    expert said Mohsen Ali, the importance of amending the Banking Act for
    the year (2004) to be able to support and develop the banking sector,
    calling for the central bank to tighten control on the performance of
    the work of private banks.

    Ali said (of the Agency news): The
    private sector banks lacked the organization and follow-up, which led
    some of them to declare bankruptcy and other charges received regarding
    the smuggling of hard currency abroad.

    He added: that the central
    bank would be remiss in this aspect, that has no accurate follow-up to
    the work of private banks in the country, in a futuristic vision of how
    to develop and promote it, to be able to contribute to the financing of
    development projects.

    He explained: that the Banking Law No. (94)
    for the year (2004) needs to be some adjustments to contribute to the
    development and organization of the work of private banks in the
    country.

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