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Iraqi Central Bank: to allow rational and open bank credits starting from Monday
Posted on Sunday, 19 may 2013 17: 10 | Posted by: ha/n
Baghdad/Obelisk:
CBI, decided Sunday that the Rafidain Bank and Rasheed Bank credits and
as of Monday, the move is aimed at developing banking system and expand
credit.
The Bank said "the Obelisk", "Central Bank Governor
Abdel Basset Turki Agency held a meeting with the directors of the
Bank", stating that "the meeting resulted in the Rafidain Bank and
Rasheed, the opening credits as of Monday.
The source added that
"the aim of the opening credits is the development of the banking system
and further expansion of opening documentary credits", pointing out
that "Rafidain Bank and Rasheed were not involved in the auction, the
Central Bank and private banks was adopted by merchants to open Bank for
import allocations and cover the costs of buying their goods.
The source said "the decision will allow the State banks in addition to the eligibility open documentary credits".
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Posted on Sunday, 19 may 2013 17: 10 | Posted by: ha/n
Baghdad/Obelisk:
CBI, decided Sunday that the Rafidain Bank and Rasheed Bank credits and
as of Monday, the move is aimed at developing banking system and expand
credit.
The Bank said "the Obelisk", "Central Bank Governor
Abdel Basset Turki Agency held a meeting with the directors of the
Bank", stating that "the meeting resulted in the Rafidain Bank and
Rasheed, the opening credits as of Monday.
The source added that
"the aim of the opening credits is the development of the banking system
and further expansion of opening documentary credits", pointing out
that "Rafidain Bank and Rasheed were not involved in the auction, the
Central Bank and private banks was adopted by merchants to open Bank for
import allocations and cover the costs of buying their goods.
The source said "the decision will allow the State banks in addition to the eligibility open documentary credits".
[You must be registered and logged in to see this link.]
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