Central announce the imposition of fines for violation banks worth 400 billion dinars

November 29th, 2015

BAGHDAD / new / special evidence
The Central Bank of Iraq, on Saturday, for the imposition of fines on banks for violation of instructions worth 400 billion dinars, stressing that the Bank Act authorizes the imposition of fines on banks that violate Talimath.oukal bank governor on the Keywords in a symposium on monetary policy in Iraq was held at the Institute of progress fiscal policies in Baghdad, attended by "new evidence" that "Bank Act authorizes the imposition of fines on banks that are contrary to his instructions," noting that "the amounts that were imposed on these banks amounted to 400 billion dinars," .antrza: Our sales to banks up to yesterday amounted to more than 28 Dolarantrza billion: sales of banks to this day amounted to more than $ 37 billion
Keywords He added that "80%, which is estimated at 40 banks out of 50 private banks were having problems in relation to the purchase of foreign currency from the central bank before placing conditions and new instructions in 2012 for the sale and purchase of currencies", noting that "these problems relate to the fact that their documents incomplete or false. "