CBI announces start-up divided the national

CBI announces start-up divided the national

23/06/2012 12:02

Baghdad, June 23 (Rn) – The Central Bank of Iraq Saturday, the start-up divider national in Iraq, which will enable the individual cardholder credit withdraw money from any bank in the whole country without having to rely on the branches of the bank, which was deposited in it. and exceeds the number of banks in Iraq’s 50 banks and includes more than 800 branches spread across the provinces, which still is a number slightly compared with the population. Deputy Governor of Bank of the appearance of Mohammed, told the Kurdish news agency (Rn) “We are now in the process of establishment of divided national help of the U.S. Agency for Development and which will enable holders of credit card Cloud Financial from any branch of the bank branches across the country. ” He also explained that “the new system is a partnership between all the banks, which is part of creating the infrastructure for the payments system of Iraq.”  Iraq has suffered from a decline in per capita share of banking services to reach average to one bank per 40 thousand people, is a big difference from what exists in neighboring countries. The main task of the Iraqi Central Bank to maintain price stability and the implementation of monetary policy, including exchange rate policies and management of reserves of foreign currency and the organization of the banking sector. From: Raman Brosk, Open: Wafa Zangana

Source: aknews