18 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Central Bank Places Guardianship on Al-Tayef Bank
The Iraqi Central Bank imposed guardianship over the "Al-Tayef Islamic Investment and Finance" Bank for a period of 18 months, due to confirmed serious violations that impacted the bank's financial position and depositors' funds. Mr. Emad Mohammad Hamad was appointed as the guardian of the bank, based on the Banking Law, to address the violations and restore financial stability to the bank.
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