24-04-2018 03:50 PM
The Central Bank of Iraq announced Tuesday that it will sign a memorandum with Visa International on Wednesday to grant its legal framework within Iraq.
"On Wednesday, the central bank will sign a memorandum of understanding with Visa International, which will provide the legal framework for the company in terms ofproviding services, consultancy and support to the banking and financial sector," said Central Bank Payments Department Director, Doha Abdul Karim.
"The presence of Visa International in Baghdad will make a positive change on the economic market," she said, noting that 'the central bank has steps to support competition between international financial companies'.
ikhnews.com
