Financial expert: the granting of loans banking "ironing card" will eliminate the boring routine

29-04-2013

Baghdad (news) .. Financial expert suggested the name Hadi al-Tamimi, the adoption of smart card system in all banking transactions, especially in the process of granting financial loans, to eliminate red tape and corruption prevailing financial position.

Tamimi said (of the Agency news): The orientation Housing Fund to contract with a company to Card 'global distribution of financial loans through the smart card will facilitate the process of granting and repayment of loans for citizens and the Fund.

He added: This system must circulate in every banking operations, especially in the granting of loans to eliminate the boring routine and financial corruption that is exploited in some quarters at the expense of the Iraqi citizen.

He stressed the importance of the introduction of modern systems in the banking business for the development of the banking sector and to facilitate financial transactions.

The company has made global smart card (Key Card) willingness to organize the process of granting and the payment of Housing Fund loans through a system of smart card-mail, with awaiting official المفاتحة from by the Ministry of Housing to proceed with the matter. / End / 8. D. O /

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