North Central bank gives the opportunity to resume activities and form a committee to monitor the work

Author: AB, AHF, ASJ
Editor: AB, AHF

29/12/2016 16:46


Long-Presse / Baghdad
It decided to CBI, granting North Bank a chance to resume his usual regarding the sale and purchase of foreign currency and the issuance of letters of guarantee after the "compliance of the determinants of the central bank," while a committee to oversee and follow up on the work of the bank and not allowing any excesses on the specific requirements of cost.

According to a document issued by the Central Bank got (range Press), a copy of which, for "the decision of the bank call (172) for the year 2016 in its session numbered 1548, to grant the Bank (North) a chance to return to activity usual regarding the sale and purchase of foreign currency window, issue letters of Guarantee after compliance with the requirements set by the Central Bank of Iraq started. "

The condition of the bank, according to the document, "the bank's commitment to all the criteria laid down," pointing to "the formation of a committee to oversee the work of the bank and follow it with the assurance of not allowing any exceeded the specified requirements by this bank, and commissioning rated by the extent of the development conditions in various respects and to report periodically to the Council each month. "

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