Banker: the need to introduce modern systems work of local banks to be linked to global banks

Banker: the need to introduce modern systems work of local banks to be linked to global banks

Date: 02/23/2013 10:35:17 Saturday

Baghdad (news) .. Banking expert said Mohsen Ali, the importance of the introduction of modern banking systems work of local banks and government to keep pace with the evolution in the banking field and linked to global banks.
Ali said (of the Agency news): The banking sector has a big role in the support and development of the investment process and the economy in general, it must provide a suitable ground for the support and promotion.

He added: that local banks are still operating mechanisms and outdated systems make it far from the international banks, calling for the need to introduce modern banking systems work to keep pace with the developments linked to global banks.

It is noted 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 Ahli including (7) Islamic banks in addition to (6) of foreign banks. / End / 8. N . p /

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