CBI emphasizes the need of modern technologies in Iraqi banks

Posted by on Oct 28, 2013 | Leave a Comment

09/19/2013
stressed the Iraqi Central Bank, on Thursday, the need to use modern technologies in Iraqi banks, indicating that these technologies will be the main base for work in banks.

bank governor said Abdul Basit Turki said in a statement released today, on the sidelines of a meeting with the post affaires new The Japanese Embassy in Baghdad Kanwski ناغاوكا, and received “Alsumaria News”, a copy of it on “The banking sector must be developed with the use of modern technologies in the work of Iraqi banks.”

said Turki said, “This technology will be the main base for work in banks to suit the expansion in economic activity” .

And the Iraqi Central Bank was established as an independent bank under its law issued on the sixth of March of the year 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and being sessions daily for buying and selling currencies.

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