Senior banker: banks witnessing civil clear and operate according to modern technological banking

12-09-2013 11:45 AM

modern technological banking in IraqBaghdad (news) .. Male banking expert wholesome Elias Abbou, that local banks civil witnessing clear in their work through the use of systems technological modern, criticizing statements by some deputies and economic figures on the failure of the private banking sector. said Abbou (of the Agency news): The local banks despite the short life, but It operates according to regulations technological modern and keep pace with developments in the banking world, through the use of the mechanism that helps to shorten the time and speed of completion of transactions. pointed to: that some lawmakers and economic figures declare that the Iraqi banking sector your behind and work regimes old, without providing evidence real and explain in any field backward. mentions that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by ownership between (7) state banks and (30) Bank Ahli including (7) Islamic banks in addition to (6) of foreign banks . / End

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