Association of Banks confirms half trillion increase came on strengthening the role of the private sector Baghdad

By Mohammed Emad

22/09/2015 01:39

Brother - Baghdad
Central Bank Governor Ali Ismail Keywords announced a new initiative launched on the occasion of today's world peace, an increase of one amount trillion to one and a half trillion granted within the financing of small and medium enterprises initiative and by private banks to enhance job opportunities for young entrepreneurs which will result to the stability of society. Iraqi private banks association has confirmed that this initiative was to strengthen the role of the private sector and the development of small and medium enterprises and increase job opportunities.

The central bank has launched a $ 1 trillion dinars allocated for small and medium-sized enterprises are distributed by private banks in a move to revitalize the Iraqi economy in the current circumstances.