The Central Bank is likely near the enactment of bank deposits

An informed source revealed in CBI, on Wednesday, "near adoption" Parliament of the law on bank deposits, is expected to contribute to it by "confidence" to Iraqi banks and reviving the national economy.

The source said, speaking to the (term), "Central Bank of Iraq had already prepared a draft law on bank deposits a year ago, to protect a deposit every customer puts his money in the Bank", noting that "the project passed through the Cabinet to the Parliament".
The source said the insider, who asked not to be named, said "the project had been discussed thoroughly with members of the parliamentary Finance Committee, representatives of the Central Bank of Iraq, and went to the final legislative stages after adding points will support citizens", stating that "the parliamentary Finance Committee the Central Bank promised to put the project on the agenda of the meetings of the Chamber of Deputies during the current month, to be debated and voted on".
The source confirmed that the proposed project will encourage citizens and venture capitalists on deposit in banks after recognising the necessary protection from loss, what will revive economic activity ", returned to" Bill restores some confidence to the Iraqi private banks ".