The central bank seeks to shift to financial inclusion

The central bank seeks to shift to financial inclusion

10-5-2022

The central bank seeks to shift to financial inclusionInformation/Baghdad..
The Central Bank announced, on Wednesday, its quest to shift to financial inclusion and improve the level of banking service, after adopting modern payment systems.
The bank’s advisor, Ihsan Shamran Al-Yasiri, said in a statement to the official newspaper, which was reviewed by “The Information”, that “the currently in force payments system is one of the best in the world, as we adopt the latest scientific inventions in this field,” noting that “payment systems have been built. Excellent, and we are constantly working on developing payment tools.”
Al-Yasiri added, “Our goal at the current stage is to urge different groups of society and institutions to deal with payment tools and get rid of the use of money, which leads to many problems in dealing, including currency damage and the possibility of counterfeiting.”
He continued, “Among the strategic plans of the bank is the transition to financial inclusion and the delivery of banking service to the farthest geographical point in order to replace all segments of society with direct cash transactions with payment tools.”
Al-Yasiri explained, “We need to combine all efforts and encourage a culture of adopting payment systems to get rid of the habit of carrying paper money,” noting that “we started with government agencies to work on collecting their dues in this way, and then it must be used in markets and malls, and so on until it is common among the public. citizens”. finished/25

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