The CBI began its first steps toward converting to electronic financial transactions as it gets in the world after activating my system the national credit information exchange PBX, while money experts confirmed that the loss of confidence in banks scattered in the country will stand an obstacle towards implementing electronic financial transactions.
Reports indicate that Iraqi citizens lose confidence in the banking sector, where the proportion of Iraqis who own bank accounts for 11%, while the number of money stashed away in homes reported 37 trillion dinars.
The Central Bank launched a system of "chunked" exchange remittances via credit cards, with pointed to run five banks and POS collection company as the first phase of the system, the system will connect a single communications network banks and facilitates a lot of things.
In a press statement, said that "the launch of the system in the rest of the payment card issuing banks will be before the end of this year," he said, adding that "the system will connect banks with a single communications network, which will facilitate a lot of banking matters and eliminate routine in auditing banks and transaction will be completed as quickly as possible, through the electronic payment instruments with credit cards."
And works in Iraq 45 private banks using modern electronic system and under the leadership of the Association of private banks headed by Bank Manager Assyria meek bitter melon. The Executive Director of the Association of private banks, to Gibraltar to "run", "the country's banking system began to evolve through modern technology and the latest credit information exchange system by the Central Bank and his goal to know the history of a customer who wants to get the loan," Noting that "there is no cooperation between the banks to tell customers who have problems in paying back loans?".
Reports indicate that Iraqi citizens lose confidence in the banking sector, where the proportion of Iraqis who own bank accounts for 11%, while the number of money stashed away in homes reported 37 trillion dinars.
The Central Bank launched a system of "chunked" exchange remittances via credit cards, with pointed to run five banks and POS collection company as the first phase of the system, the system will connect a single communications network banks and facilitates a lot of things.
In a press statement, said that "the launch of the system in the rest of the payment card issuing banks will be before the end of this year," he said, adding that "the system will connect banks with a single communications network, which will facilitate a lot of banking matters and eliminate routine in auditing banks and transaction will be completed as quickly as possible, through the electronic payment instruments with credit cards."
And works in Iraq 45 private banks using modern electronic system and under the leadership of the Association of private banks headed by Bank Manager Assyria meek bitter melon. The Executive Director of the Association of private banks, to Gibraltar to "run", "the country's banking system began to evolve through modern technology and the latest credit information exchange system by the Central Bank and his goal to know the history of a customer who wants to get the loan," Noting that "there is no cooperation between the banks to tell customers who have problems in paying back loans?".
"The credit information exchange system featuring the names of borrowers from all banks across the country, including Kurdistan," adding that "the credit information exchange system will make banks make the right decision about giving the customer the loan or not.
Tarek noted that "second system known as the national system by Central Bank days before his target link ATMs for civil and governmental banks and anyone who has a bank account with banks associated with this system take money from any ATM in the country", noting that "banks located in the Kurdistan region operate this system.
"The first batch of five banks linked to the national system is the Iraqi Trade Bank and Ahli Bank Bank of Baghdad and Middle East Bank and Assyria and will feature in the coming days the International Development Bank and the Bank of return", noting that "the number of ATMs deployed in Iraq costs 300 device". He pointed out that "the banking sector witnessed good development and we wish that the private banks by paying private companies as well as government departments.
The number of branches authorized in the country 900 branch, reports indicate that each bank branch serves 30 thousand, while all ATMs serve 120 thousand but in Jordan each bank branch serves 8.5 thousand all ATMs serve 5846.
Meanwhile, financial expert Abdul Rahman Al-Mashhadani "range" to "activate my system the national credit information exchange PBX is an important step towards the development of the banking sector", stating that "these systems used between countries since he started working with ATM.
Financial expert stressed "the need to develop the banking sector using modern technology and providing more services that make citizens trust banking and deposit the money in banks in the country," pointing out that "many banks which were big names broke down too quickly and this makes the citizen doesn't trust banks".
Al-Mashhadani called for private banks to "the need to increase the number of bank branches and ATMs and solve all problems related to ATM.
In the meantime, the Economist said a just peace for the term "modern technology," an important step towards activating the banking sector but needs a big effort especially there is hesitant, "he said, adding that banks ' ATMs in many problems may be exposed to theft at times so banks find solutions to this issue."
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Tarek noted that "second system known as the national system by Central Bank days before his target link ATMs for civil and governmental banks and anyone who has a bank account with banks associated with this system take money from any ATM in the country", noting that "banks located in the Kurdistan region operate this system.
"The first batch of five banks linked to the national system is the Iraqi Trade Bank and Ahli Bank Bank of Baghdad and Middle East Bank and Assyria and will feature in the coming days the International Development Bank and the Bank of return", noting that "the number of ATMs deployed in Iraq costs 300 device". He pointed out that "the banking sector witnessed good development and we wish that the private banks by paying private companies as well as government departments.
The number of branches authorized in the country 900 branch, reports indicate that each bank branch serves 30 thousand, while all ATMs serve 120 thousand but in Jordan each bank branch serves 8.5 thousand all ATMs serve 5846.
Meanwhile, financial expert Abdul Rahman Al-Mashhadani "range" to "activate my system the national credit information exchange PBX is an important step towards the development of the banking sector", stating that "these systems used between countries since he started working with ATM.
Financial expert stressed "the need to develop the banking sector using modern technology and providing more services that make citizens trust banking and deposit the money in banks in the country," pointing out that "many banks which were big names broke down too quickly and this makes the citizen doesn't trust banks".
Al-Mashhadani called for private banks to "the need to increase the number of bank branches and ATMs and solve all problems related to ATM.
In the meantime, the Economist said a just peace for the term "modern technology," an important step towards activating the banking sector but needs a big effort especially there is hesitant, "he said, adding that banks ' ATMs in many problems may be exposed to theft at times so banks find solutions to this issue."
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