The imperative financial institution of Iraq introduced on Saturday that fines imposed on banks and non-banking establishments (exchange agencies) amounted to extra than 24 billion Iraqi dinars over the last three months.
A desk from the bank, seen by using dinaropinions.com, showed that fines imposed on banks and economic groups at some stage in the past three months, starting from April until the give up of final June, amounted to 24 billion, 942 million, 377 thousand, and 239 dinars, a decrease as compared to the first three months of the contemporary 12 months, whilst penalties amounted to 41 billion, 268 million, 578 thousand, and seventy five dinars.
She defined that “the fines additionally protected 23 administrative consequences for these banks and non-banking establishments, allotted among warnings, notices, and style periods.”
The desk showed that “April saw the very best fines on banks and non-economic establishments, amounting to nine billion, 862 million, 848 thousand, and 520 dinars, with 12 administrative consequences, even as June noticed the bottom fines, amounting to six billion, 202 million, 501 thousand, and 325 dinars, with three administrative consequences.”
The table did no longer display the names of the banks that were subject to fines and administrative penalties.
