Orientations for the completion of the thorny legal file that facing private banks

Banks

Economy News / Baghdad ...

Organized Iraqi private banks association legal seminar attended by the Director of the Legal Department of the Central Bank of Iraq Mustafa Ghalib and director of litigation department where Hazem Mohammed and directors of legal departments in private banks.

The seminar discussed the main problems and legal challenges faced and faced private banks and ways to overcome them after they reviewed the Executive Director of the Association of Ali Tariq common problems that have been discussed at prior meetings with private banks and related claims filed against private banks and customer complaints and the problem of guarantors and collateral for loans.

In an exclusive statement "of the economy News" said the Director of the Legal Department of the Central Bank of Iraq Mustafa Ghalib said Governor of the Central Bank of Iraq on the Keywords may face the need to form a committee to check the instructions and procedures for standardization and the abolition of conflicting including in replying to the questions of the legal department managers in banks on intersections some of the instructions.

From Jabnh said Executive Director of the Association of Banks Tariq Ali said preparation for this episode was preceded by several meetings between ASEAN and directors of legal departments in private banks to unify the visions and rhetoric and not to repeat the propositions.

To that offer legal circles managers in private banks Abrzalmchakl faced by banks in the legal department at the CBI Director Mustafa Ghalib explained that the central bank has taken several actions and decisions of the new in an attempt to close this thorny issue, promising to study some of the new cases presented at the seminar to find appropriate solutions.


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