Microsoft is trying to contract with the central bank for the introduction of technology in the work of local banks

25-05-2013 12:48 PM


Baghdad (news) .. Iraqi Central Bank announced a desire Microsoft Corporation to contract with him in the field of banking introduction of technological systems in the work of local banks.

The Director General of the Department of Information Technology at the Central Bank in the forum technological banking organized by the companies Microsoft and palm leaves under the auspices of the Central Bank and attended by the Agency (news): The Microsoft Corporation Inc. palm leaves have a desire to contract with the Central Bank for the development of the banking system, according to recent developments in banks World.

He pointed out: that Microsoft Corp. when its contract with the bank will be able to achieve significant development in the Iraqi banking work.

He added: that the Central Bank of Iraq was a pioneer in the introduction of developments since the seventies of the last century and became the banking sector on the track of the latest Iraqi banking systems in the region, but because of the circumstances of the wars that gripped the country left a void in the process of development banking.

He continued: Since 2003, the central bank began to restore his world through the introduction of modern systems and banking facilities, where he began using documentary credits and bank correspondence, as well as the credit system in the banks.


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Central studying the possibility of adopting a global licenses for the development of the banking sector


26/05/2013 12:00 AM

BAGHDAD - Hussein ثغب of Tamimi

Iraqi Central Bank stressed the need to adopt advanced banking systems Genuine license from international companies internationally accredited contribute to activating the domestic banking activity came during the economic conference organized by Microsoft in collaboration with the Central Bank.

Aamir Faisal Shaher Director of Information Technology at the central bank said in an interview for the (morning) to the importance of the advancement of the sector banks through the adoption of advanced systems, especially that our plans include the adoption of technologies advanced banking as the best and be all systems according to the licenses of the companies original producer of these regimes.

He added that the central bank Usher importance of this conference embarking to care and workshops with Microsoft Corporation mechanics of adoption licenses original guaranteed that contribute to the development of the domestic banking sector and reduce the gap between our sector bank and banks in the world through the adoption of electronic systems integrated obviate the need for paper in the future.

Also contribute to cutting-edge original licenses at ease dealing with global banks and their subsidiaries that develop in the future in Iraq because the regulations are close or the same previous regimes supported locally, especially that many global banks realize the importance of working in Iraq and the presence within the field of the local economy.

He continued, saying comes this forum as a result of close cooperation between the CBI and the Federation of Iraqi private banks with Microsoft and palm leaves, and highlighted Microsoft's commitment to provide permanent support for this sector, and this is a big step entered with technology a key factor in the Iraqi institutions and the banking sector in particular.

But Firas al-Obeidi, business manager of Microsoft Corporation in Iraq, he said that the company produces windows Systems and الاوفس used in Iraq, pointing to the company's own sophisticated systems in the banking sector raised at this conference that will promote banking work from paper to electronic integrated.

He pointed out that the focus on the adoption of licenses original that provide protection techniques and banking systems adopted by the banks, pointing to the attention of the Central Bank, including subtracting from technologies advanced banking building banker who hoped to enter licenses Genuine to Iraq through a company Juraid agent Micosowic world.

He noted that the stages of the adoption of these systems require several steps, including cooperation agreements with banks is available from which the original licenses for the advancement of banking products and then provide technical consultancy and technical building systems.

This forum also aims to clarify the benefits of programs and applications Microsoft's company to build and develop the work of the banking institutions in addition to the technical value gained by banks through the use of programs that are proper and safe and licensed to reduce the problems that disrupt the work of banks as a result of the use of pirated software.

As well as the development of the scientific and informational cadres banking and upgrade them through the provision of banking services, modern and safe for customers facilitate their banking daily.

Said Amin Nizamuddin pigment CEO of palm leaves, that technological progress has become one of the major factors for growth in the banking sector for this now focus with Microsoft on how to develop the Iraqi banking systems to conform with the technological developments in the region to provide services in accordance with the wishes of the customer.

And our constant endeavor to build a genuine partnership with banking institutions to تزوديهم all and consulting services that elevate the work of banks and enable them to serve their customers better relying on international electronic service standards.


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Central Bank calls for the use of licensed copies of the software and Microsoft have indicated their willingness to develop the banking business in Iraq



26/05/2013 15:42


Range Press / Baghdad

He stressed the Iraqi Central Bank, on Sunday, the need to use banks "of copies licensed" for programs and electronic applications, and between it represents "the protection of the user of penetration," and as he emphasized that "force" banks to use the original copies of the software, Microsoft announced its desire "to develop" The banking system in Iraq "to work manual labor-mail."

The director of the Department of Information Technology at the CBI Amir Faisal, said in an interview to (range Press), on the sidelines of the forum banking first held by Microsoft in Iraq under the auspices of the Central Bank in the Hotel Ishtar Sheraton in Baghdad, said that "the central bank will force the banks to be the nucleus for the rest of State departments to use licensed copies of electronic programs, "pointing out that this" represents the protection of user penetration. "

Faisal added that "problem that نعانيها in our departments is to use the copy (copy) and unlicensed," noting that "those copies of the software is easy to break and exposure to computers stops."

For his part, Director of Business Development of Microsoft Corporation in Iraq Firas al-Obeidi, said in an interview to (range Press), "The central bank stressed the need to use the original copies of the software," pointing to "the pursuit of an agreement with the banks to train engineers in the operation and maintenance of applications especially security. "

Obeidi explained that "the objective of the forum is to develop the banking business and the development of e-infrastructure for the banks," announcing "Microsoft's desire to develop the banking business of the level of manual labor to level-mail".

The International Monetary Fund said in a report issued in (the 21 of March 2013), after the end of consultations in the Jordanian capital Amman, between a delegation from the Fund and an Iraqi delegation headed by the Minister of Planning Ali Shukri, and seen by (the long-Presse), that the improvement occurred in the financial sector, but stressed that it still needs a "greater efforts by the central bank in the revision of monetary policy tools and strengthen banking supervision, and to accelerate the restructuring of the banking system."


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Director of Microsoft Corp.: ready to contract with all Iraqi banks in the field of transfer of expertise and technological banking
26-05-2013 12:09 PM


Baghdad (news) .. The Director of Business Development of Microsoft Corporation in Iraq Firas al-Obeidi, his company's readiness to conclude agreements with all Iraqi banks in the field of transfer of expertise and technological banking.

Obeidi said (of the Agency news): The Iraqi banking system in dire need of modern developments he is still working according to the old traditional systems, where it lacks the Integrated Systems banks in the issue of remittances, as well as the lack use Alvezacard systems and MasterCard.

He explained: that his company is ready to hold agreements with all banks, the Iraqi government and private in the field of training competencies and transfer of expertise in the company as well as the transfer of technological world in the banking industry, to create a device that Iraqi bank a sophisticated, easy operations and provides banking services better to the citizen.


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