Mesopotamia Bank: Central Bank loans lagging behind

By Roudao 16 minutes ago

Islamic Mesopotamia bank manager, Munther Abdel Hussein

Roudao - Baghdad ,

said the Islamic Bank of Mesopotamia, Munther Abdel Hussein manager, that the central bank loans lagging behind because of the complex conditions laid down by the front of the private banks.

She said Abdul Hussein network Roudao media that "the impossible conditions that the central bank puts it in front of private banks hinder our work widely." Adding that " the central bank loans lagging behind because of the complex conditions laid down by the front of the private banks."

He said: "The citizen is unable to meet all the conditions and regulations set by the central bank."

Abdul - Hussein pointed out that the State - owned banks have a multi - pronged lending system within the agricultural, industrial, housing and commercial sectors, which cover about 90 percent of the volume of bank lending , while only covered by private banks 1 percent. "

He called Mesopotamia Islamic Bank director of the central bank to re - assessment of the domestic banks policy because Iraq in the case of unemployment, poverty and the need for reconstruction must therefore provide support to domestic banks. "

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