Banking expert: the need for developmental programs for the work of local banks to keep pace with global banks

Date: 09/10/2012 11:10:14 Tuesday



Baghdad (news) .. Banking expert called Mohsen Ali, the need for developmental programs by the central bank for the work of Iraqi banks two branches of government and private sectors to develop to facilitate their work and make them keep pace with the development in the global banks.

Ali said (of the Agency news): The Central Bank of Iraq has created for banks electronic communication system linked to the communications network between banks, but they need some technical things in terms of credit cards and set up electronic networks among themselves.

He added: This technique is one of the development programs in place within the private banks plan, noting that some private banks have started to work with this technology through unified connectivity among its branches, and then get instruments became shortly thanks to the electronic clearing system.

He stressed: the importance of dissemination of this technology on all Iraqi banks for the way emphasis by the central bank to force banks to work out, and urged them to put awareness programs and guidance to citizens on how to use these techniques, and be in the form of a campaign by the banks and led the central bank to move development technological banking which gives the safety of all to keep their money.


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