Asked the President of the Association of private banks Abdul Aziz Goldfinch, monetary and fiscal management in the country to save the banks exposed to losses and bankruptcy for the purpose of protecting the shareholders, called for the need for a joint action of the banks, public and private through the exchange of instruments and payments.
said Hassoun in a press statement yesterday: We must there is a role for the cash management and financial rescue banks that are bankrupt or losses by lending money accessible and be paid until the restoration of confidence to it through access to the profits in order to protect the funds of depositors or shareholders in these banks.
stressed Hassoun, the need to create a partnership between the work of banks government and private special and lack of separation between them through the exchange of instruments and payments for the purpose of promoting the banking sector in the country.
He said Hassoun: that private banks have started to work within systems of international banks modern, but the government banks remained the same because of the control of the Ministry of Finance on the work and made it bound to work systems, banks old, and continued Hassoun: proposed many solutions to large and strategic plans for the advancement of the banking sector in general and government in particular by the World Bank and carried out studies and research are many, but not implemented.
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