Central Bank: Soon launch a deposit guarantee company

2017-12-02 at 13:15 (Baghdad time)


The Central Bank of Iraq announced the imminent launch of a deposit guarantee company after the completion of its establishment. He pointed out that this company will constitute a major shift between depositors and banks.
"The establishment of a deposit insurance company, which will belaunched very soon, has been completed," the bank's governor Ali al-Aalak said at the Financial Services and Investment Conference held by the General Secretariat of the Council of Ministers and his follower, Mawazine News, on Saturday. Depositors and banks ".
He added that "the Central Bank began to oblige the government departments and institutions to settle salaries," stressing that "a number of ministries have completed this step and follow the implementation in all ministries." Ended 29 / Mh