Sunday, December 25, 2011

Trade Bank of Iraq: No truth to the Trusteeship status

26/12/2011

Trade Bank of Iraq: No truth to the Trusteeship status

BAGHDAD - Al Sabah

Expressed Trade Bank of Iraq surprised the press statements regarding the status of guardianship by the Central Bank at the time of the bank to achieve many achievements in various economic fields in the country.

The Director-General of Trade Bank of Iraq Hamdiya dry: that the media organs accuracy of fire information and inquiries from various parties in the event of the existence of such any such information because it is affecting the reputation of the bank, noting that he enjoys an international reputation for being in contact with the dealings of Iraq's economic and the world and he plays a prominent and important role in supporting various activities in the country.

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They pointed out that the central bank to deny these statements but reflect the fact that the bank lead role in a successful and healthy.

The press statement had referred to the determination of the central development of the trusteeship (tbi) in the Central denied the authenticity of this information in the restoration of praising bad debts during the previous administration as saying.

Dry told (morning) also said the bank received a letter of thanks from the Parliamentary Integrity Committee for its efforts to recover more than half of its debt distressed, as was the bank on a book of thanks from the Undersecretary of the Ministry of Finance for his role in the fight against corruption and recover public money, got a book of thanks from Oil Minister for his contribution in facilitating the opening credits for the oil sector.

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