Posts Tagged ‘Credit card’

09-05-2013 07:37 AM

Baghdad (newsletter). Invited Member of the Committee on economy, investment/MP Salman al-Musawi, the need to outreach programmes to disseminate the culture of citizens and encourage them to use new technologies in their dealings.

He said Callie (News Agency): modern banking techniques and the most developed world countries will facilitate a lot of things to shorten his time in terms of money transfer and conversion. (more…)

Date: 13/03/06 13: 24: 29 Wednesday

Baghdad (newsletter).The Economist called Abbas kinani, the need to promote ATM marketing centres and shops, promoting the use of credit cards to facilitate the circulation of money and to prevent theft and detecting counterfeit currency. (more…)

Date: Thursday, 11/29/2012 01:22 am

He banking expert Mohsen Ali, the importance of working credit card bank and encourage citizen to deal with through awareness and education programs to facilitate transactions banking.

Said Ali Tuesday: The system of credit cards is one of the technological systems of modern which recently entered into banking and spread in all countries of the world, but Iraq still lags behind using technological developments in the world, particularly in the banking field. (more…)

Date: 2012-09-04 13: 15: 22 Tuesday

Baghdad (News) … Deputy Central Bank Governor Mohammad Saleh appearance, on completion of the feasibility study and technical financial payments system fragmentation through the issuance of credit cards and sponsored by USAID for the development of the financial sector in Iraq. (more…)

Orr News Agency

Announced TBI intention to issue a card (Infinity) credit soon and that represent the highest credit card financial world in terms of value of 100 thousand dollars. (more…)

Enter 53 banks in the draft National Distributor

01/09/2012 01:58
BAGHDAD / Center Brief for the Iraqi Media Network – the central bank of the Iraqi entered for 53 banks as members of the project divided the national that will enable the person cardholder credit Cloud Financial from any bank in the whole country without the need to rely on the branches of the bank, which was filed. (more…)

30/08/2012 02:38
BAGHDAD / Center Brief for the Iraqi Media Network – announced the CBI for completing the feasibility study the technical and economic project credit card, while stressing he was waiting completion of evaluation and development agency U.S. so they can be awarded the tender to specialized companies. (more…)

Date: 27/08/2012 12:54:18 Monday

Baghdad (news) .. Proposed economic expert Dargham Muhammad Ali, the use of card Platinum credit (smart card) in major markets to ensure capacity use.

said Ali (of the Agency news) on Monday: The issue of TBI card Platinum credit to the public that can be used in banking and deposit and credit and payment Loans Z convergence large turnout to lack of familiarity customers on how to use them, explaining, that dealing in major markets and restaurants will know the public. (more…)

Date: 2012-08-27 10: 24: 45 Monday

Baghdad (News) … The Economist called Abdul Salem Al-igaily, nice to promote ATM in local markets and promote the use of credit cards by the citizens because it facilitates the circulation of money and reduce theft.

He said Al-igaily (the news agency news) Monday: ‘ n the subject of widening phenomenon in the ATM market, whether in stores or restaurants and cafes as well as promoting how to use credit cards by citizens (MasterCard and visa.) is something culturally by all developed countries of the world because it prevents fraud and reduce theft. (more…)

08/26/2012

BAGHDAD / JD / .. Announced TBI commercial for granting credit cards sophisticated internationally certified for its customers discerning.

said general manager TBI Hamdiya Dry / for JD /: that the bank began to issue cards Platinum international credit card and global credit and that can handle whereby internationally and give to customers the bank who have dealings Positive and spacious with exchange in terms of deposit and credit and loan repayments according programs stomach. (more…)

Expert: system (split national) will promote the work of credit card and facilitates the circulation of funds in the market
Date: 19/08/2012 13:34:12 Sunday

Baghdad (news) .. Stressed the economic expert Majid picture on the importance of establishing a system of “chunked” National banks which connects telecommunications network standard that will develop the banking system and facilitate the circulation of funds in the domestic market, noting that it will promote the work of credit card and how to handle them. (more…)

Date: Monday 08/06/2012 12:00:59

Baghdad (news) .. Said banking expert Mohsen Ali, the importance of using credit cards to citizens in banking transactions for ease of disposition of funds, calling for universal work in all government and private banks.

Ali (of the Agency news) said on Monday: The credit card (Alvezacard) and (Mastercard) are necessary very in banking, because they dispense with the use of the money supply moving to the citizen Ptaamlath in the local market. He pointed to: that the financial system in Iraq is about to start a financial electronic art called “divided the national will” help to promote credit cards and expands the spread, indicating that the card services credit will make the dealers in the local market, obviating the use of the money supply because it has become a phenomenon tiring and expensive. (more…)

MONDAY, JULY 9, 2012 11:11
Announced the Trade Bank of Iraq, Monday, the start issuing Visa Card Gold Visa Debit Gold Card privileged world, and while noting that it allows the holder to enjoy discounts of international purchases and hotel reservations granted to customers of the bank and the currency of the dollar, he stressed that it allows the Iraqis to use in all over the world. (more…)

On: Friday 06/07/2012 11:14

Baghdad (news) .. Emphasized the economic expert Ikram Abdul Aziz, the importance of working credit card bank and encourage citizen to deal with through awareness and education programs to facilitate the transactions banking.

said Abdulaziz (of the Agency news): The system of credit cards is one of the systems technological modern, which came to the banking and spread in all countries the world, but Iraq is still behind them because of failure for many years for technical development happening in the world in all fields. (more…)

Date: Wednesday, 02-05-2012 07: 49 am

Baghdad (newsletter) … Deputy Chairman of the Finance Committee stressed the Deputy/Coalition blocs alkordstanet Ahmed Hassan feyzullah, need credit card work in all Iraqi banks branches of public and private, to facilitate the citizen’s finances.

He said Faizullah (News News Agency): credit card work in Iraqi banks cultural phenomenon is followed in most global banks to facilitate financial transactions for citizens, pointing out that most global banks began using these modern techniques, but Iraq, being still lacks awareness necessary to understand how to work with these modern phenomena. (more…)

By Aseel Kami and Yara Bayoumy

BAGHDAD, March 7 (Reuters) – An Iraqi businessman, trying to cash in on the billions of dollars pouring into the country from lucrative oil contracts, complains that his biggest headache is not bomb attacks or sectarian politics but primitive banks.

“Where are the credit cards?” said the businessman, who represents a foreign automobile company in Iraq and declined to be identified because of his dealings with the government. Elsewhere in the Gulf, he noted, credit cards are widely used. “How far away are we from this development?” (more…)

Confirms the specialists in the economic importance of trade credit card, such as “Visa Card” and “MasterCard”, during the trading day by the citizens for several reasons, stands in the forefront of the future development of the banking industry in the country, and optimal cooperation with international banks, as well as that dealing Credit cards will reduce the risk of exposure to theft of money, or exposure to fraud counterfeit money.

And is still trading process credit card is limited in Iraq, despite the fact that a bank official Iraqi member since 2005, while the spread in the countries surrounding Iraq are widely, and rarely deals with interests liquidity in those countries, the prevalence of banking transactions online. (more…)

Monday, 23 January 2012 12:40

Decided Trade Bank of Iraq to reduce the amount of cash allocated to the insurance issue cards [Visa] to 250 thousand dinars instead of the amount the previous 500 thousand dinars.

A statement of the bank received by all of Iraq [where] that “the Trade Bank of Iraq has decided to reduce the amount of insurance money allocated to the issue price of the card [Visa Card - Master Card] to 250 thousand dinars instead of the price of the old 500 thousand dinars and to promote the use of credit cards for the largest slice of Iraqi society. ” (more…)

On: Wednesday 18/1/2012 8:50

Baghdad (news) .. Called on the Director of the Association of private banks Abdul Aziz al-Hassoun to launch credit cards variety Kalmastr Card and Alvezacard after the successful use of the smart card in the delivery of pensions.

said Hassoun (of the Agency news) on Wednesday: that this process will facilitate a lot of financial matters and reduce the bloc’s monetary market local, calling for awareness of citizens and encouragement to deal with these cards. (more…)

Trade Bank of Iraq's Logo

14.01.2012

Trade Bank of Iraq announced that a high-quality credit card will be issued for the first time in Iraq and in cooperation with international banks and companies sober, in a move to increase the volume of credit card transactions in Iraq.

And describes the director of the Bank Hamdiya dry to the credit card new will be issued two types; Gold Card, which will be given to all citizens who wish to do so, and the size of a credit at least 500 thousand dinars, and cards, “Infinity,” which will be allocated to the category of business, the size of a credit than one hundred thousand dollars.

Showed dry in an interview with Radio Free Iraq that the Trade Bank of Iraq was the only bank in the country which has the membership of companies (Visa) and MasterCard World Wars, and points out that the bank plans to raise the credit limit of the bank in international banks by increasing the capital of 500 billion Iraqi dinars to 1,000 billion dinars. (more…)

Announced the Trade Bank of Iraq the TPI, Wednesday, that gives to all citizens, credit cards, according to its accession to membership of the company (Visa) and membership of the company (MasterCard) Wars, indicating that the credit cards issued by the Bank recognized globally.

It quoted “Rn” for Director General of the bank Hamdiya dry, “The Trade Bank of Iraq gives credit cards is recognized globally and omitted types of civil and Platinum cards for staff salaries.”

The Visa global company believes in the possibility of handling plastic cards for cash handling in accordance with several types of local and foreign. (more…)

On: Tue 03/01/2012 7:19

The central bank of new mechanisms about foreign trade, means of financing by the government and the private sector, at the time called elite academy for the adoption of a credit card in the process of trade. The deputy governor of Central Bank of Iraq the appearance of Mohammed Saleh, said that foreign trade financing to the government and the private sector

Was conducted according to the annual trade preset named later (b Plan of Foreign Trade) in order to finance trade imports according to the government and private a number of mechanisms.

Saleh added, according to “news agency Uzmatk” The mechanism is to take over the government withdrawal from the reserve fund for the purposes of Government Commerce and settlement take place through the amendment of the budget constraints and the corresponding limitations over the balance sheet of the Central Bank. (more…)

Last month the Central Bank of Iraq co-hosted a conference with USAID’s Iraq Financial Development Project on “Integrating the Banking and Financial Services Sector in Iraq.” This event, which was held in Istanbul from November 18-19 covered two upcoming changes to the payments system that have the potential to revolutionize Iraq’s banking sector.

The first is the introduction of a “national switch” for processing credit card and ATM transactions. The switch—essentially a router and some specialized software—will connect all of Iraq’s ATM machines and credit card point-of-sale scanners to a common platform. At present, each card-issuing bank operates its own system. Because not every point of sale is connected to every system, no one card will work everywhere. Little wonder that almost everything is paid for in cash. (more…)

Creditcard

Visa Card

Banks promote use of international payment cards

VietFinanceNews.com – Contributing to satisfy the needs for foreign currencies of individual customers, commercial banks are accelerating the development of international card services, particularly international payment cards.

According to Document 2033/NHNN-QLNH dated March 12, 2011, the State Bank of Vietnam (SBV) has requested credit institutions to enhance the opening of international payment cards to facilitate individuals to use international payment cards while making payment abroad.

(more…)

Advisor Central: the smart card to facilitate citizen access to entitlements

Central bank adviser said the appearance of Mohammed Saleh: We encourage banks and financial services companies to issue a smart card, through which he is paying salaries to employees, stressing that the move will save the expenses of issuing currency.

(more…)