Sun 29/04/2012
Baghdad (news) ..
The President of the Board of Directors of Bank of the economy Husam
Obeid, the importance of the amendment to the former Finance Minister
Bayan, which prevent the government departments dealing with private
banks, the decision, calling it "wrong" being the size of the role of
private banks in the performance of its duties banking.
Obaid said (of the Agency news): it has become necessary to amend the resolution issued by former Finance Minister Baqir Jabr by the House of Representatives, ministers and even the Ministry of the current fiscal, which prevent the deal the state departments and ministries in absolute terms with private banks, making their work is limited only to issue letters of credit and accept deposits from some people.
He added that it was behind the problems and obstacles basic suffered by the private banks are responsible politicians they render decisions do not serve the work of Iraqi banks, and continued: "We met with senior government officials and Finance Minister Rafie al-Issawi to amend this resolution, but it appears that there is a direct negative to the banks own and there was no government support to them.
He called the chairman of the Bank to the economy: the need for support of private banks and urged the departments and ministries of the state to deal with them in order to be Iraq's banks, a global capital of a large solid Odhu. / Finished / 8. N. R /
Obaid said (of the Agency news): it has become necessary to amend the resolution issued by former Finance Minister Baqir Jabr by the House of Representatives, ministers and even the Ministry of the current fiscal, which prevent the deal the state departments and ministries in absolute terms with private banks, making their work is limited only to issue letters of credit and accept deposits from some people.
He added that it was behind the problems and obstacles basic suffered by the private banks are responsible politicians they render decisions do not serve the work of Iraqi banks, and continued: "We met with senior government officials and Finance Minister Rafie al-Issawi to amend this resolution, but it appears that there is a direct negative to the banks own and there was no government support to them.
He called the chairman of the Bank to the economy: the need for support of private banks and urged the departments and ministries of the state to deal with them in order to be Iraq's banks, a global capital of a large solid Odhu. / Finished / 8. N. R /