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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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    Finance parliamentary: the need for legislation of a law to protect deposits at banks

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

    Finance parliamentary: the need for legislation of a law to protect deposits at banks Empty Finance parliamentary: the need for legislation of a law to protect deposits at banks

    Post by Hkp1 Sun May 19, 2013 3:22 pm

    Finance parliamentary: the need for legislation of a law to protect deposits at banks



    19-05-2013 | (Voice of Iraq) - Add a comment -
    Baghdad (news)

    Deputy
    Chairman of the Finance Committee MP for the coalition of Kurdish blocs
    Ahmed Faizullah, the importance of the legislation of a special law to
    protect deposits in Iraqi banks for the purpose of encouraging people to
    save their money in banks.

    Faizullah said (of the Agency news):
    The most countries of the world are paying much attention to how to
    bring financial deposits of local banks in terms of issuing laws and
    regulations protect and determine the percentage of their profits.

    He
    added: Iraqi banks need to be law legislation to protect deposits to
    enhance the confidence of citizens and cause them to bid farewell to
    their money in banks and civil government, and thus enhance the
    possibility of banks and the financial contribution to the development
    projects of the country.

    It is noted that the Association of
    private banks confirmed that the proportion of deposits in government
    banks ranging from 65 to 68 trillion dinars, of which not to exceed 22
    trillion dinars deposits of private banks.

    It consists of the
    banking system in Iraq from forty-three banks as well as the Central
    Bank and distributed by the property (7) state banks and (30) Ahli Bank,
    including (7) Islamic banks, in addition to (6) of foreign banks.

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