International Development Bank (IDB) is granted a membership license to MasterCard International

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International Development Bank (IDB) is granted a membership license to MasterCard International

Post  Admin on Fri May 12, 2017 10:03 am

[ltr]International Development Bank (IDB) is granted a membership license to MasterCard International [/ltr]




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2017/05/11 18:31
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The International Development Bank (IDB) on Thursday held the signing ceremony of the contract for the granting of a basic membership license to MasterCard International in Baghdad.

The Chairman of the Board of Development Bank Ziad Khalaf in his speech during the signing ceremony of the contract and attended by the economy News, we look through this partnership with international institutions to promote the reality of Iraqi banking and introduce the latest banking electronics and provide the best services to our customers according to the mechanisms and standards set by the Central Bank of Iraq.

He added that the bank obtained the license of the electronic card in 2016 according to the requirements of the Central Bank, noting that our bank is ready to cooperate with banks to serve the revolution of banking technology and the creation of new services to be included within the work of the banking system.

Ziad noted that the Development Bank has managed to acquire a large share of the total domestic trade and banking market through the presence of a wide branch network of 13 branches covering most of the major provinces in Iraq, including the Kurdistan region.

Mr. Bassel Al-Tal, General Manager, MasterCard Middle East, said: "The key to the world is the availability of credit with a high credit ceiling, exceptional spending power and the best international and local services and discounts for MasterCard card users." The customer, after obtaining the card, can benefit from it. Daily bookings, travel and entertainment offers around the world, as well as special features for business travelers from hotel and tourist bookings, discounts for purchases and exclusive travel offers to luxury resorts around the world.

On the other hand, the Executive Director of the Association of Private Banks Ali Tarek, that the private banks to access and use of modern banking techniques and introduce them within the banking business, noting that this step is a major banking achievement to develop banking and introduce modern technology to serve customers.

He pointed out that the Central Bank of Iraq and the Association of Private Banks are keen to encourage banks to use modern technologies to keep abreast of developments in other foreign banks.

Mm

https://hathalyoum.net/articles/1295938-مصرف-التنمية-الدولي--يحصل-على-رخصة-العضوية-لشركة
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