Economy News

The Central Bank reduces the professional practice fees for banking offices

The Central Bank of Iraq announced on Monday the reduction of fees for the practice of banking offices, indicating that it will be implemented as of 2019.

The bank said in a statement received by “Economy News” that “based on the decision of the Board of Directors of the bank No. 107 of 2018, it was decided that the wages of practicing the profession for your companies by 2 million dinars a year instead of five million dinars.”

“These wages will be implemented as of 2019,” the bank said. Source