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The Currency Newshound: Director Association of private banks: banks capital increase necessary to contribute to the development of the economy of the country

The Currency Newshound

Providing news which shapes the Iraqi economy and the future of the Iraqi Dinar

Director Association of private banks: banks capital increase necessary to contribute to the development of the economy of the country

Oct 17th 2012, 14:09

Baghdad (newsletter) ... Commended the Executive Director for the Association of private banks Abdul Aziz Hassoun, the Central Bank's decision to increase capital to private banks (250) billion dinars of bank activity is determined by the presence of large capital, noting that bank capital increase is necessary in order to have an effective contribution to the development of the national economy.

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The Currency Newshound: Director Association of private banks: banks capital increase necessary to contribute to the development of the economy of the country

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