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************** Open electronic clearing system files

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**************    Open electronic clearing system files Empty ************** Open electronic clearing system files

Post  Admin Mon Feb 16, 2015 8:56 am

2/16/2015

Iraq and World Bank: Open electronic clearing system files



Baghdad - Finance Committee revealed in the House of Representatives for open electronic clearing system files across the banks.

Said committee member Dr. Magda Abdel-Latif al-Tamimi, said in a statement singled out the "morning": that the Commission will open this existing system files in 32 banks and the government waged within the development of banking project.

It added that the electronic clearing system based on smart instruments, and the common knowledge in their account in more than one bank, and also appears in the central bank.

The World Bank has allocated $ 10 million for the restructuring of State-owned banks and activation of electronic transactions including electronic clearing system.



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