Fahmi must allocate part of the money the banks to support small and medium enterprises



Views 72 Date 14/08/2016 - 22:18

Economy News / special ...


The Iraqi Institute for Economic Reform member Raed Fahmi, on Sunday, to allocate a portion of the banks money to support small businesses.

Fahmy said in a statement singled out the "Economy News" that he must set aside a portion of the banks money to support small and medium enterprises to provide confidence when citizens financial institutions in order to be placed money in banks and not Aktnazha in their homes, adding that the Iraqi Central Bank supervision of banks to create a state of reassurance among citizens.

He pointed out that the lack of a general culture of the deposit with the most citizens what came detrimental to the financial institution in Iraq.



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