Central Bank: the restructuring of Rafidain and Rasheed conditional on legislative reform of the state banks
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Central Bank: the restructuring of Rafidain and Rasheed conditional on legislative reform of the state banks
04/07/2012 11:44
BAGHDAD / Center Brief for the Iraqi Media Network - The Central Bank of Iraq The restructuring of Rafidain and Rasheed conditional on legislative reform of the government banks.
The deputy governor of the Central Bank of the appearance of Mohammed Saleh (Brief Center for the Iraqi Media Network) that "the restructuring of Rafidain and Rasheed is conditional on the process of legislative reform for banks and that fits with the aspirations of the banking business in Iraq."
He explained that "the banking process 90% of them Ttolha government banks owned by the state and 10% of private banks, which requires the trend towards an improvement in the banking system in the country dramatically during the next phase." He pointed out that "the central bank offers a bill to develop the work of government banks and is now under study in the State Consultative Council."
He added that "the central bank touched clear progress in the development of the payments system and promoting electronic banking transactions."
He revealed the CBI earlier that one of the companies that bid for the purpose of establishing the banking system, a system telephone interview depends transfer funds from the financial balances of the telephone as is the case in the transfer of the balance of the mobile phone to someone else.
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