According to a member of the Finance Committee of the Parliament MP / National Alliance / Haitham al-Jubouri, the need for a secure financial cover for all banks is estimated at (250) billion deposited with the central bank to avoid banking problems.
Al-Jubouri said to the (Agency news) on Sunday: it is necessary to have a secure financial cover for all banks with the central bank to avoid banking problems and to increase bank capital, as well as increase the confidence of the customers in the bank.
Al- Jubouri said that the purpose of the Deposit (250) billion dinars, in order to compensate depositors their money in any bank under emergency like loss or liquidation of his works, the central bank to pay the money directly to depositors.
A member and the parliamentary Finance Committee explained that the amount of the (250) billion is for the few global banks, which are filed more than this amount to prove its presence in the Central Bank and warns of emergency situations to ensure no loss of the bank.
Al- Jabouri said that some banks are paying large sums to purchase capital or given loans, and thus announces it has no money when asked a client to withdraw their money, prompting the central bank to take this decision to control the banks and not to let the weak souls use banks as a means to manipulate the money of citizens.