##### TBI expands its dealings with the state ministries

13/06/2013 12:00 AM

Baghdad morning


Confirmed the Director General of the Bank of Iraqi Trade that service activity bank taking on the rise, especially at the level of the credit card, pointing out that the bank is working to overcome all the difficulties private banking in all government ministries and the window of our bank, came during the visit of the Minister of Municipalities.

Said Hamdiya Mahmoud dry for " morning ": that the bank permanently will go to the development of the mechanisms of action and keep pace with global developments over the accuracy and confidence in dealing melt all the difficulties and obstacles that may stand in front of private banking and state ministries issued by our bank.

 She dry to an agreement with the Minister of Municipalities to provide support and facilitation to Jmieltaamlat Banking Department and all state ministries, which include the opening credits and the issuance of guarantees and support projects sponsored by the Ministry or other ministries.

 On the other hand explained dry that banking service provided by our bank has expanded its activity, especially at the level of the card credit through the increase in the number of collectors that card in the capacity of the spread of an ATM machine (ATM).

 indicated dry that the rate of increase on the credit card may form a rise of (40 percent), and especially during the past two years after reaching the number of collectors that card to (12 689) to become The total number (20,000) card forefront of our bank until now., adding that the bank worked on expanding the increase in the distribution device (ATM) in accordance with the increase in customers on credit card where the number of machines ATM (85) device that is distributed in different parts of Baghdad and the provinces.

The agency said work is continuing on the processing of the machines, as well as a the (POS) POS who took it the other a great deal of proliferation in order to seek to activate the service for all members of Iraqi society.

noted that TBI chief member in my company Visa Card and MasterCard World Wars and was able from issuing four credit cards, a Visa Card, MasterCard. Visa Gold, Visa


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Platinum.

Advanced technology contribute to the growth and development banks
   

13/06/2013 12:00 AM

Baghdad morning

He pointed out a number of specialists in banking affairs to the importance of orientation towards the global banking systems and work on the transfer of advanced technology and safe adopted by international banks to create a banking sector commensurate with the size of the domestic work in a country with mounting financial budget exceeding 138 trillion dinars.


Executive Director of the Association of private banks in Iraq, Abdul Aziz Hassoun said: that the country is in dire need banking system, a sophisticated and secure in the possession of the budget annual financial this magnitude and rise continuously, as well as if you look at the size of the future work in Iraq and the need for large investment projects need to finance huge, This requires a secure and sophisticated systems commensurate with the size of future work.


He added in an interview (morning): What posed Company Maekerosvet in collaboration with the Central Bank of the original copies Systems advanced banking is a golden opportunity can be utilized to support our sector banking sector and bringing it to the world in the products offered by the various economic sectors as well as to serve the economy Iraqi family .

 and pointed to the necessity of adopting Genuine Systems does not allow leakage of information and can fit our banking sector, who heads the adoption of court Banking Systems is permeable, because the work dragged him huge money into the economy tends to activate all his joints.


He said Hassoun that the adoption of advanced technology enhances the confidence of foreign capital banking sector local, where you'll find all foreign companies wishing to work in Iraq, considering the reality of the mechanics of the banking sector and offer products before entering the field of local labor, which requires officials at the management and follow-up to this sector, the need to keep abreast of developments taking place in the global financial sector which can be utilized and transferred to within the country and employ them to serve the local economy.

 either academic specialist in the banking sector d. Sadiq Rashid pointed out the importance of activating the banking sector in general, as it requires it need to promote the management of banks through their participation in training courses inside and outside the country, especially as the international companies have expressed readiness to provide the local banking sector systems, banking on a high degree of modernity and best adopted by international banks .

 Pointing out that the country is cut off from the world for a long period during which the banking sector saw many developments and the World in the form of successive stages, which requires redoubled efforts by those on the banking sector to reduce the gap between our banking sector and the world.

To the expert stressed banking systems Amin pigment need to develop scientific and informational level cadres including banking contributes to the provision of modern banking services and safe to work to facilitate their daily banking dealings.

He said that Microsoft has provided programs and applications in the recent conference in collaboration with the Central Bank and the Bankers Association to help build and develop the work of banking institutions in addition to the technical acquired by banks through the use of programs that are proper and safe and licensed to reduce the problems that disrupt the work of the banks due to the use of pirated software.

He added, saying that technological development has become one of the main factors for growth in the banking sector therefore have to focus on advanced technology and how the evolution of the banking systems in the country.

It also prefers to build companies with global banking institutions to provide them with all the investments and services that elevate banking business, based on the standards of the international electronic service.


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