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Director of the Bank: Cluster cash burdened the national eco

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Director of the Bank: Cluster cash burdened the national eco

Unread postby Stillw8n » Sun Oct 09, 2011 10:05 am

Director of the Bank: Cluster cash burdened the national economy
On: Sun 10/09/2011 14:22


Najaf (news) .. The director of Two Rivers Bank branch of Muslim bin Aqeel in the province of Najaf that the process of deletion of zeros from the Iraqi currency will contribute to support and stimulate economic activity in the country.
. Said Abboud called Hussein reporter Agency (news) on Sunday: "The mass cash burdened the national economy, prompting the CBI to conduct a study of the economic situation of Iraq and the study found the need to raise zeros from the Iraqi currency, especially as this process would contribute greatly to the revitalization of the national economy.
He pointed out: most of the countries that adopted the policy of lifting the zeros from the currency to stimulate its economy, and raising the currency exchange rate with which it deals.
Hussein, and counting the opening of banks in Iraq a civil good step in the right direction as long as under the control of the Iraqi Central Bank.
On the other hand adopted the Director of the Rafidain Bank branch of Muslim bin Aqeel the existence of a delay in the process of granting advances to employees due to the procedures followed by government banks in the country, including banks, Rafidain and Rasheed, said that these measures were to ensure the right of the state and not confuse the government banks. / End / 30. J . n / ..




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