Wednesday, July 11, 2012

Director of private banks: the start of preparations for the system (split national) in the final stages and formed a committee to choose a company to manage it better

  Wednesday 07/11/2012

Baghdad (news) .. Announced the Executive Director of the Association of private banks Abdulaziz, Hassoun, from reaching the final stages of the start of the system divided between the national banks, confirming the formation of a joint committee of the Central Bank and the ministries concerned to choose the best offers from international companies to manage.
The Goldfinch (of the Agency news) on Wednesday: The meeting was held between the Central Bank and the Association of private banks on the possibility of applying the system divided between the national banks in Iraq two branches of government and private sectors, and was taking the consent of the banks of the application of this system and linked to a unified communications network.

He added: There are international companies, solid bid for the implementation of this project been reached to form a joint committee by the Central Bank and the Ministries of Finance and Communications, as well as the media and communications to examine the offers made by companies to choose the company discreet capable device management and control, noting that the project reached its final stages and during the coming period will be the direct implementation.

He explained: that divided the national is a major organ like (Bbdulh communications) is erected in a particular place under the supervision and control of the central bank is managed by a global solid specifying the points of contact between the banks, are used in which all the cards electronic banking, both (credit or Alvezacard or Master Card) will not be limited to one card.

He said: that the rate of safety in which high and risks low, whatever the circumstances that will apply the system because it will be under the supervision and follow-up the central bank, pointing out that the most important features will promote the use of credit cards between citizens and facilitate their transactions and bank helps to introduce technological global banking.

The central bank announced the start of the establishment of a new electronic system called (split national) or telephone banks where all banks to link the Iraqi government and private network unified communications are managed by a specialized international company to facilitate banking operations.

It is noteworthy that the banking system in Iraq consists of forty-three banks as well as the central bank and distributed according to ownership between (7) state banks and (30) Bank of my family, including (7) Islamic banks in addition to (6) foreign banks. / Finished / 8. D . Q /