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Bolani calls for the imposition of "dissuasive" sanctions against banks that do not support small and medium enterprises initiative

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Bolani calls for the imposition of "dissuasive" sanctions against banks that do not support small and medium enterprises initiative






2015/11/12

The President of the parliamentary Economic Committee Jawad al-Bolani, on Thursday, to impose a "dissuasive" sanctions against banks that do not do the central bank for supporting small and medium enterprises initiative, while calling for the need to support those projects relying on private banks.
Jawad al-Bolani, in a statement, received (range Press), a copy of it, that "the ball today in private banks stadium after the Central Bank of Iraq was launched for small and medium loans initiative in the previous time", calling for "the need for the effective contribution of private banks to support those projects. "
Bolani stressed, that "there be a deterrent penalties against banks that this initiative does not do strict penalties of up to deprive the banks of access to the foreign currency auction."
The Central Bank of Iraq was launched in the previous time a loan in the amount of trillion Iraqi dinars to support small and medium enterprises in the form of loans offered to citizens through private banks.

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