The application of electronic clearing system in 32 banks and government-waged,

Central bank decided to cover 32 banks and the government clearing the application of civil strife within the project development of electronic banking transactions.

And Iraq has begun in the application of the clearing system E in November of last year, it included six banks eligibility in the implementation of banking transactions according to the clearing system electronic.

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh (Center news for the Iraqi Media Network) that "the central bank began to apply the electronic clearing system in 32 banks, government and civil strife, including banks, Rafidain and Rasheed. "

"The central bank has started the development of the payments system and the development of banking system in Iraq, largely through the activation of electronic clearing system, which will include all Iraqi banks and the 40 banks in the implementation of this project."

He pointed out that "the electronic clearing system depends on the instruments and the mutual smart to know more of his account in a bank and is also shown in the Central Bank."

The World Bank allocated in last year's $ 10 million to restructure State-owned banks and activate the electronic dealings, including the electronic clearing system.

Government transactions and continues to summarize the financial State-owned banks and called on the Ministry of Finance earlier in the need to integrate the private banks with each other to strengthen their capital.


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