Director of the Association of private banks: the supervision of the central bank to
Director of the Association of private banks: the supervision of the central bank to split the national system will develop the banking sector
Baghdad (news) .. commended the Director of the Association of private banks wholesome Elias Abou, the central bank to take over the responsibility of supervising the system divided the national rather than foreign companies, which will bring great prosperity in the work of banks.
Said Elias Abou (of the Agency news) said on Wednesday: The supervision of the Central Bank of the work of the national system, which will be divided in the next few days will bring great prosperity to the work of banks in Iraq, the best of the foreign companies that provide service with a small scale.
He added that the divider will include all the national government and private banks and under the supervision of the central bank, which will work on the settlement of accounts through the banking system is connected to all calculations under the supervision of banks and the Central Bank.
And: that the national system will be divided as a central point into which all bank accounts throughout the year and will work to settle the bank accounts of the creditor banks and condemned to Atqa banks to financial loss.
He pointed to: that the use of divider system will perform the national banking sector from dependence on foreign companies will reduce costs and risks of dealing with foreign companies.
He continued that the banking sector will witness the entry of sophisticated technology through the use of the Visa card that will allow the holder to get the money wherever it is in. / End / 21. D. Q /