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Expert: the banking sector lacks modern technology methods

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Expert: the banking sector lacks modern technology methods

Unread postby admin » Tue Sep 10, 2013 7:58 am

Expert: the banking sector lacks modern technology methods

10-09-2013 07:24 AM

Baghdad (news) .. Said economic expert on behalf of Jamil, said Iraqi banks still lacks technology and modern methods of work in spite of the withdrawal of Iraq from Chapter VII. , said Jamil (of the Agency news): The central bank to do the movement proactive to restore the role of banks to their importance in supporting the economy, adding that a lot citizens prefer to deal with private banks to ease procedures and distancing itself from red tape and bureaucracy and issues formalism Other. between: that the process of selling the dollar that has spread in the previous period reflected negatively on the sector of private banks because of the misuse of some of them, Maady to impose sanctions and laws on the work of banks by the central bank. continued: should the central bank to draw the charges to banks and people specific and that does not include all of the banking system and thus abused to private banks globally and regionally and internally and weaken the confidence of the people out and it will reflect negatively on the investment process. mentions that the banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by the property (7) state banks and (30) Ahli Bank, including (7) Islamic banks, in addition to (6) of foreign banks. / End
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