Central Bank reveals the negotiations for the adoption of telephone banking system in the country

23/06/2012 01:32
BAGHDAD / Center Brief for the Iraqi Media Network - An Iraqi Central Bank of negotiations conducted with a company (not disclosed) for the purpose of the adoption of telephone banking in the daily dealings in the country.

The deputy governor of Bank of the appearance of Mohammed's (Center Brief for the Iraqi Media Network) that "one of the companies do not like her name is submitted to the Central Bank of Iraq for the purpose of establishing the banking system, telephone, a modern system supports transfers of financial assets on a telephone as is the case in the transfer balance mobile phone to someone else. "

He said the Deputy Governor that "the central bank in the process of study and negotiations with a company that made ​​the offer depends on the mobile phone in the transfer of financial assets of persons Maaan is then later exchange fund balance transferred from the branches of the company after the deductible part of the commission."

And that "the central bank supports all of these concerns that contribute to the development of the country and contribute to make a quantum leap in his dealings."

Iraq and deliberately in his dealings of Finance is currently in the conversion and drag on banks and banking companies and the Iraqi central bank is seeking to adopt a more sophisticated means of contributing to the reduction of manual trading of financial liquidity.

The central bank seeks to develop a system of payments the country's economic and announced earlier in the high cash reserves of $ 50 billion to 60 billion dollars.

The main tasks of the Iraqi Central Bank to maintain price stability and the implementation of monetary policy, including exchange rate policies and the management of foreign currency reserves and the organization of the banking sector.


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