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Found 1 result

  1. 02/11/2015 15:44 Daash opens private banks in Mosul BAGHDAD / obelisk announced organizing "Daash" for opening its own bank in the city of Mosul for the granting of loans and replace the damaged currency, a move that raised fears of harnessing this step in the financing, organization service. According to the website, "Russia Today," Daash "private banks to grant loans and replace the damaged currency opened," he said, adding that "This move raises fears of being part of a scheme to control liquidity in areas under his control. News website said that "the geographic expansion of the organization may be able to stretch also economically, to announce the opening of its own bank under the name of the Islamic bank, and end: the granting of loans to residents and replace damaged currency." The site that "This move raises fears among researchers, bank, will be ridiculed in the financing, organization service," pointing out that "the bank, according to press reports witnessing a demand by the local people in control of the organization areas, due to what appears to Oz citizen who exploited organization offering loans without any return. " He continued that "while deliberating Iraqi economic circles repercussions launch of the bank, there are those who fear the accumulation of large amounts of Iraqi currency in the hands of the organization, especially with the presence of four billion dinars monthly salaries are citizens dues received from the Iraqi government control in areas of the organization."
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