Central Bank of Iraq aimed at attracting funds for investment

1412 2015
Revealed on the Keywords Governor of the Central Bank of Iraq, that 77% of the Iraqi currency on the market, chunky in residential buildings, pointing out that the bank will put the plan to attract these funds to invest.

Keywords and said in the third banking conference held by the Association of Iraqi banks Rashid Hotel in Baghdad, said that «77% of the Iraqi currency traded today at a chunky role in residential markets», pointing out that «these funds are outside the banking sector».

Keywords He added that «if the banks have done to provide services to customers in order to attract this money saved, they will move the Iraqi economy», indicating that «the central bank has a plan in order to attract these funds for the purpose of investment and moving the wheel of the Iraqi economy».

And it established an independent Iraqi Central Bank as a bank under the law issued on the sixth of March 2004, as an independent body.

© 2015 statement

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