Date: Wednesday, 11-07-2012 11: 07 am
Baghdad (News) … The Executive Director of the Association of private banks, the goldfinch-final stages to start PBX system between national banks, a joint Commission of the Central Bank and the ministries concerned to choose the best offers from global companies to manage.
He said goldfinch (News Agency news) on Wednesday: a meeting between the Central Bank and private banks Association on the possibility of applying the national interbank system divided Iraqi government branches, was taken by private banks to apply this system and linked to the unified communications network.
He added: there is strong global companies made for the implementation of this project was to set up a joint Commission by the Central Bank and the ministries of finance and communications as well as the communications and Media Commission to examine offers from companies to choose company discreet capable device management and control, noting that the final stages project and during the next period will start its implementation.
Explained: the divided national key device like (in tonnes) at a particular place is by the supervision and control of a central bank run by strong global company specifying the connection points between banks, through which all electronic bank card (credit or alvizakard or MasterCard) not only on a single card.
Said: that the security and high risk low under any circumstances which would apply where the system because it would be under the supervision and follow-up of the Central Bank, adding that the most important advantages of using credit cards will be promoted between citizens and facilitate their transactions and banking helps introduce technological global banking.
The Central Bank announced the founding of a new electronic system called (PBX) or phone banks to link all governmental and private Iraqi banks with unified communications network administered by a global company that specializes in facilitating banking operations.
The banking system in Iraq consists of forty-three banks as well as the Central Bank and distributed by ownership between banks (7) and (30) Bank of my family including Islamic banks (7) in addition to (6) foreign banks.