Central Bank: the project (split national) is important and does not need to legislate a special law

Deputy Governor of Central Bank: the project (split national) is important and does not need to legislate a special law by the

Dated: 25/07/2012 11:04:34 Wednesday

Baghdad (news) .. The Deputy Governor of the Central Bank of the appearance of Mohammed, that the draft (split national) between the banks do not need to enact a law, likely implemented early next year after completing the procedures relating to it.
said in favor (of the Agency news) said on Wednesday: The law of the Central Bank allowed the central issue regulations and regulations concerning the payments system and their own projects as a project divided the national, which links all government banks and private network, unified communications, therefore, divided the national does not require new legislation of its own. He added that the implementation of the project is very important because it will facilitate the banking business, done by a period and will promote the system of cards credit, asserting for the agreement between the banks to be linked to a network unified communications, and will be contracted with an international company specializing in project management under the supervision and follow up on the Central Bank. and the central bank announced earlier in the negotiation with the Association of private banks to start establishing new electronic system called (split national) banks or telephone where all banks to link the Iraqi government and private network unified communications are managed by a specialized international company to facilitate banking operations. / Finished / 8. d. Q /
Source: ikhnews