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Among them is increasing the number of banking branches and developing services.. Sudanese issues directives related to the financial system

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Among them is increasing the number of banking branches and developing services.. Sudanese issues directives related to the financial system
 
economy     2024-11-08 | 05:12
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Alsumaria News - Economy
 
Muhammad Shiaa Al-Sudani issued Prime Minister new directives related to the financial and banking system.
 
The Prime Minister’s Media Office said in a statement received by Alsumaria News,
 
“Within the framework of efforts to reform the financial and banking system, as one of the priorities of the government program, and in view of the important steps achieved during the past two years, and in light of some challenges that the financial and banking system is witnessing, especially in Governorates, and since confronting it requires greater attention and radical improvements to ensure strengthening confidence in the financial and banking sectors, facilitating the process of economic development, increasing financial inclusion and raising its indicators throughout the country, and since most of the activities were concentrated in the capital, Baghdad, Prime Minister Muhammad Shiaa Al-Sudani directed to take A number of steps in this regard:
 
1. Increasing the number of banking branches in the governorates to meet the needs of the local population, and to contribute to expanding the scope of financial services, while paying attention to the buildings, their modernity, and providing their basic requirements.
 
2. The need for all banks in the governorates to adopt modern technologies such as online banking and mobile applications, which makes it easier for citizens to access their banking services easily.
 
3. Emphasizing on banks the importance of developing their financial services to suit the needs of individuals and small companies, such as soft loans and savings accounts.
 
4. Promoting financial inclusion in the governorates by providing banking services to different segments of society, including districts and sub-districts in villages and rural areas.
 
5. Launching conferences and awareness campaigns in the governorates, to educate citizens about the importance of dealing with banks and how to manage and invest money correctly.
 
6. Organizing workshops to train young entrepreneurs and local businessmen on how to deal with loans and financial services. He added,
 
"The Ministry of Finance, the Central Bank of Iraq, and the Associations of Iraqi Private and Islamic Banks will
 
     undertake coordination operations with the governors' offices to accomplish the above tasks according to their jurisdiction and responsibility, and
     submit quarterly reports (every three months) to the Office of the Prime Minister regarding the progress of work regarding the steps contained in above".
 
https://www.alsumaria.tv/news/economy/505788/بينها-زيادة-عدد-الفروع-المصرفية-وتطوير-الخدمات-السوداني-يصدر-توجيهات-ت   

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