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Guarantee deposits Iraqi Fund, hoping to urge citizens to use banking services

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rocky
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Guarantee deposits Iraqi Fund, hoping to urge citizens to use banking services

Post by rocky on Wed 15 Jun 2016, 3:24 pm

Guarantee deposits Iraqi Fund, hoping to urge citizens to use banking services




By Hamada Salem 6/15/2016

The CBI is planning to create a deposit box to turn the banking sector and urged Iraqis to use banking services, according to Reuters sources.

The CBI also said on Wednesday that there is liquidity estimated at 25.71 dollars outside the banking system in Iraq, in a statement, Reuters received a copy of it.

Where it has since the overthrow of former President Saddam Hussein, Iraq has been prey to armed war and business, and as a result, Iraqis departed for banks, for fear of violence prevents them from reaching for their money, individual or government restrictions on withdrawals.

It is worth mentioning that, it came in the bank's statement that the fund will be worth 100 billion dinars, and will oversee the Fund by the Central Bank.



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