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Parliament closer to approval of the draft law of bank deposits

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Rocky


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Parliament closer to approval of the draft law of bank deposits




November 18, 2015 0


An informed source at the Central Bank of Iraq, on Wednesday, for "near the adoption of" the Law of the Parliament of bank deposits, and expected that this will contribute to "the return of confidence," Iraqi banks and the recovery of the national economy.

The source said in a press statement pursued agency our economy news that "the Central Bank of Iraq already prepared a draft law on banking deposits nearly a year ago, in order to protect a deposit every customer puts his money in a bank," adding that "the project passed through the Council of Ministers to the House of Representatives ".

The source, who asked not to be named, said: "The project was discussed about extensively with members of the parliamentary finance committee, and representatives of the Central Bank of Iraq, and reached the final legislative stages after the addition of points that will support citizens," noting that "the parliamentary Finance Committee promised the central bank by asking the The project on the agenda of the House of Representatives sessions schedule during the current month, to be discussed and voted on. "

The source added, that the proposed project will encourage citizens and owners of capital on deposit in banks after the assurance of protection insurance crisis of her loss, what will revive economic activity, "he returned to" re-establish law about great confidence to the Iraqi private banks. "

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