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Abdul Hussein al-Yasiri: the methods of government banks lag behind
On: Friday 12/8/2011 8:37
Baghdad (news) .. approved by the Finance Committee in the House of Representatives MP Abdul Hussein al-Yasiri that the methods used in government banks still lag behind.
Yasiri said in a statement to the Agency (news) that the means used by government banks, both in receiving the customer or in operations conversion and transfer of funds within or outside Iraq backward.
and that these methods are in progress the current time, but it's Call to Maouselt him international banks.
The Central Bank of Iraq in the July 6, 20 private banks began to work according to the electronic clearing system, stressing that there efforts to enter the government banks in this system.
The World Bank has allocated $ 10 million to restructure the banks Iraqi government and the activation of their transactions online.
and announced earlier in the unity of the restructuring of Iraqi banks were to extend the unit banks for a period of one year because of security concerns. Iraq had decided in early 2006 and the restructuring of banks in order to get rid of the heavy debt.
The Ministry of Finance of Iraq for its efforts over the next year to develop an integrated plan for the development of banks, e-government and the activation of financial relations in this aspect.
The government is still limited in its financial transactions to banks approved by the government by 85%.
and called the Ministry of Finance earlier in the Iraqi Central Bank to take firm action in granting licenses for the establishment of private banks. / end / 5 /
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