The central bank decided to postpone approval to open remittance companies


Economy News / Baghdad ...

Central Bank of Iraq, said Sunday, agreeing to postpone the opening of remittance companies in Baghdad and the provinces, noting that the decision applies for the years 2017-2018.

The bank said in a statement received "Economy News", a copy of it, it is "based on the Bank's Board of Directors' Decision No. 39 of 2017, it was decided to postpone the granting of consent to approve the opening of branches of companies remittance in Baghdad and the provinces for the years 2017 to 2018 plan."

The bank added that "the decision exclude companies that complemented converted into an Islamic bank requirements."