The supervision of the central bank to split the national system will develop the banking sector

Director of the Association of private banks: the supervision of the central bank to split the national system will develop the banking sector

Dated: 08/15/2012 14:33:50 Wednesday

Baghdad (news) .. praised the director of the Association of private banks wholesome Elias Abou, to assume the central bank responsible for overseeing 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 Bank Central to the work of the system divided the national will 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 divided the national will include all government and private banks and under the supervision of the central bank, which will work on settlement of accounts Banking through the system of account relating to all the banks and under the supervision of the Central Bank. and between: the system of divided national will serve as a focal point into which the bank accounts, all year round and will work on the reconciliation of bank accounts of the creditor banks and condemned to the Atqa banks financial loss. He pointed to: that the use of system divided the national sing the banking sector from dependence on overseas 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 you will allow the holder to obtain the amount of money in wherever it is. / End / 21. d. Q /
Source: ikhnews