Trade Bank of Iraq initiate a project linking all private banks and one system
Monday, June 18, 2012 16:21

[Baghdad where]

Announced the Trade Bank of Iraq for the establishment of direct project [electronic payments divided] into Iraq to be all private banks under the banking system one.

The Director said that the bank Hamdiya Mahmoud dry in a statement received by all of Iraq [where] during a meeting of Trade Bank of Iraq with the Association of private banks and the presence of Central Bank of Iraq that "the bank has all the supplies that will direct the establishment of a [divided electronic payments] for the purpose of business development banking and prosperity in pursuit of its services and Trade Bank of Iraq to strengthen the ties of relationship with the private banking sector, we have initiated to include all private sector banks. "

She added that the dry "join the Iraqi banks as well as the private sector to draft divider is in the development of the banking sector in all its aspects and pour in providing the best services and prices, the most appropriate system to the users of electronic payments in general."

It called for "co-founder of electronic payments is divided, the second of its kind where the project was preceded by the establishment of an investment fund contributes to the advancement of the reality of investment in the country and the participation of all private banks.

Dry and showed that "the Trade Bank of Iraq the idea and the first initiators and contributors in the establishment of the Fund and the bank confirmed that the face of his call to the Association of private banks that have decided to form a committee to discuss the mechanism of establishing the Fund and how to contribute to it."

She noted that "such a project to help implement projects Amarnyh and service in the country and also contribute to a wide expanse of investment and generate benefits to serve the country and society."