Central Bank Governor opens the headquarters of the Iraqi Deposit Insurance Corporation

Economy

The Central Bank of Iraq

Deposit company

2021-04-19 06:35

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Shafaq News / The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, opened the new headquarters of the Iraqi Company for Deposit Insurance.

The governor said that the company will contribute to restoring confidence in the private banks operating in Iraq, stressing that the Central Bank will pay attention to this company as it is one of the pillars of the banking business.

He explained that the public and private banking sector actively participated in establishing this company to become one of the pioneering institutions supporting and supporting the banking business.

It is noteworthy that the Iraqi Deposit Insurance Company provides a cover to guarantee public deposits with Iraqi banks licensed by the Central Bank of Iraq inside Iraq, especially small depositors.

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