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[size=30]bank to private banks control[/size]
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Direction Press / Baghdad
The head of the Parliamentary Finance Committee Faleh applicable, on Wednesday, the Central Bank to private banks monitor and evaluate its performance.
The force said in a statement received "direction Press" a copy of it, that "private banks, a key pillar of the economic side and need to be addressed," adding that "the economic progress of scale come through the presence of infrastructure and unfortunately did not play functions that the foundations for it and the main objective get benefits through the auction and buy and sell the currency market and do not consider this major activity, but a secondary her as she did not support the private sector. "
He called force the central bank to control the private banks, "stressing the need to" be there to assess their performance and if the performance is mediocre must abolish or merge with another of the banks. "
With regard to bank loans relating to housing, agriculture and industry, in effect he said that "the central bank initiated out money which is 5 Trleuen dinars on specialized agricultural and industrial Kalakara banks," explaining that "there are projects given to the private sector through the sums of money and you grant to give grants or the micro-credit grants and huge development projects, these banks of specialized task of doing the job through the form so that we can pick ourselves up the economic reality in the country. "
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