Baghdad The First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, chaired an expanded meeting of the Finance Committee, in the presence of the Governor of the Central Bank, Mustafa Ghaleb to discuss several axes, the most important of which are the Central Bank’s sales file during the foreign currency sale window, the file of loans of all kinds granted by the Bank during the last period, especially the industrial and housing initiative, and the Central Bank’s policy file on increasing the capital of commercial, Islamic and private banks.
A statement by the media office said to Al-Mandalawi that the meeting witnessed a discussion of the feasibility study of the numbers of private commercial and Islamic banks, and the banks that were placed under the tutelage of the Central Bank, as well as discussions on the results achieved by the “Letters of Guarantee Platform” established by the Central Bank and the extent of the banks’ ability to apply it in the areas of work. The banking system and the supervisory role of the bank over commercial and Islamic banks with regard to the fulfillment of some lagging banks of their obligations towards their customers.”
Source: National Iraqi News Agency