Bank Association: there are huge financial liquidity in all banks but Government neglected

Posted: June 14, 2012 in Iraqi Dinar/Politics
Tags: , , , , , , ,

Date: Thursday, 14-06-2012 02: 06 pm

Baghdad (newsletter) …Director of the Association of private banks accused Abdel Aziz Hasson, the Central Government’s lack of attention to state banks and investment funds and banks.

He said hassun (News Agency news) on Thursday: no central Government attaches great importance to investing in banks, asserting the existence of substantial financial liquidity in Government and private banks but are disabled and cannot find appropriate opportunities for investment and benefit from it.

Hassoun said to: all governmental and non-governmental banks facing difficulties at work, due to market turmoil and lack of clarity in the nation’s economic platform, thereby reducing opportunities for investment of funds of all banks.

He added: the amounts which are large banks and should be exploited for the purposes of investing in meaningful projects that promote the reality of national investment and significant interest due to banks

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