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CBY works on electronic system to follow letters of credits
Tuesday 25/June/2019

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SABA News Online / Saleh Ahmed

حجم الخط

Meayad statement came as he chaired periodic meeting included the CBY, commercial and Islamic banks. The session aimed to discuss banking action to activate trade through opening letters of credits to import basic commodities and invigorate monetary cycle.

Meayad stated that the CBY is interested in offering every necessary support for the banks to help them managing challenges they are facing.