Economists: support for private banking relationships served as a lifeline for local economy


13/11/2016-14:45


Economists said the Central Bank Governor to support enhanced relationship to private banks and efforts in soft loans to citizens as ("deliverance") to the local economy.

Economic analyst Ahmadi spectrum reporters followed "Economics News that low oil prices and the absence of public budgets from grades led to widespread unemployment and lack of development of the local economy you get great responsibility rests with the Central Bank to keep up with and meet these challenges.

He added that Central Bank measures to support private banks was a courageous step to push banks to offer more economic services to citizens, especially in the area of little lending.

The Central Bank Governor had improved relations this week conducted a series of visits that included a number of private banks to stand on the major constraints and challenges faced by banks in order to reach one goal is financial and economic stability.

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