26/4/2010
Iraqi banks held a panel discussion on Monday in the Baghdad stock market to discuss the Iraqi Central Bank's decision to increase the capital increase by Iraqi banks (250) billion Iraqi dinars within three years.
And the director of Iraqi banks Yasiri in the seminar which was attended by reporter (and the Iraqi News Agency Information / INA) the highlights of the resolution, which increase the capital of Iraqi banks by (250) billion Iraqi dinars within three years, where he called on all investors either have to give the decision or extend the time period from three years to seven years for the fact that this resolution on the first day of the application led to a drop in prices (50%) and may expose investors to significant losses.
The conference was attended by a large number of investors in Iraqi banks as some investors said that the decision of the Central Bank will lead to too great a loss in Tdullac shares and securities.
Iraqi News Agency