The Minister of Planning/ the acting Minister of Finance instructed to the establishment of sophisticated electronic system in all Iraqi banks

Admin Mon Nov 18, 2013 9:02 am

Web News 18 November, 2013

The Minister of Planning / the acting Minister of Finance, Prof. Ali Yousef Shukri, visited Palestine Street Bank, one of the branches of Al-Rafidain Bank in central Baghdad.

The Minister reviewed on the visit on the working conditions in the section mentioned problems and obstacles that will have an impact on the banking business and thus reduce the quality of service rendered by the bank to its customers.

The cadres of the branch as part of their explanation to the reality of the existing work that the furniture is from the old furniture no longer commensurate with the reality of the development of the banking sector, as that is the other building needs a lot of care and restoration.

The bank lacks the presence of a modern electronic system for archiving business details and maintain. The Minister ordered to establish sophisticated electronic system in all Iraqi banks for the development of banking services in Iraq. The Minister ordered that is the restoration and maintenance of the building and provide good Furniture.

Regarding the issue of incentives for banks’ cadre His Excellency the Minister disclosed that the matter will be resolved soon by the FSA will be launched by return incentives for until the year 2011.

The Minister also met during roaming in the corridors of a number of bank auditors, including the election commission staff who attended to receive financial dues for the last provincial election.

Reviewers expressed his pleasure to visit the Minister and assist them in completing their transactions and provide the ideal atmosphere to plant.

The retirees complained of the older problem to climb to the second floor to receive their salaries a difficult task.

Displaying their desire that is creating a suitable place for them on the ground floor.. In the case face Excellency, Mr. Director-General of the Rasheed Bank, Mr. Basim Al- Hassani, who was present the need to accelerate the implementation of this proposal.

The Minister ordered the necessity of working on the development of the reality of work.

The Minister reviewed on the reality of work in the Smart Card Division of the branch in question and listened to a detailed explanation about the reality of the work of this Division submitted responsible for the division. Pointing out that one of the problems facing the work is twice or stops the work of the Internet and this would stop working and the delay in the completion of transactions retirees.

At the end of the tour, the Minister made a press statement singled out by the confirmed that the Iraqi banks inherited a heavy legacy from the former regime.

Indicating that all banking institutions need to administrative and electronic renaissance and there is a real problem plaguing the government banks an electronic system.

As well as that most of the buildings are buildings outdated, the need renovation and maintenance of large and cadres.

Revealing the existence of the plan will start working out early next year 2014 is based on initiating the establishment of an electronic system in Rasheed and Rafidain bank.

The Minister called thegeneral managers in banks and branch managers of all to exert utmost efforts for the advancement of the banking business in Iraq.

Inspector General, Mr. Mahir Hussain Rasheed, pointed out that the mechanics of the work of his office determined acts of oversight and auditing of each ministry devices including banks.

Indicating that, the banks need to developmental revolution in order to move from the current reality to the reality of the best supports sophisticated electronic systems in order to live up to the banks in the developed world.

The Director General of the Rafidain Bank, Mr. Basim Al-Hassani, stated that the General Administration of bank reform Bouktoadtha began to develop the reality of the banking business in bank branches scattered across Iraq through a multi - dimensional plan.

Noting at the same time that the banking institution was during the era of the former regime to a lot of types of destruction and looting, which calls for a campaign rehabilitation and development in line with the great development witnessed by the banking business in the world and will focus on the adoption of electronic systems developed for improving the situation of the banking business in Iraq down to provide better services to citizens.

http://www.mop.gov.iq/mop/index.jsp?sid=3&nid=1369&y=2013&m=10&d=18