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  1. The Central Bank is expanding its Salary Settlement Department 14/3/2018 12:00 am For its role in providing capital to the banking system Baghdad / Hussein Thugb The advancement of payments is the most important steps to develop financial systems in Iraq and catch up with the developments in the payment systems in the developed world, where the Iraqi Central Bank takes serious steps to move to make payment systems in the public and private sectors managed Electronically. Director General of Payments at the Central Bank of Iraq, said: "The desire of the Central Bank of Iraq to develop electronic payment mechanisms and in tune with global developments, where we work to spread advanced payment technologies in all regions of Iraq without exception, and include all transactions to the public and private sectors. The importance of the move pointed out that "the past few days have witnessed the organization of a workshop in the province of Maysan addressed the importance of moving to a system of payments developed, as well as the activation of points of sale targeted various segments of the community and employees of the province and some of its departments, as well as traders and owners of large markets (Malls), restaurants, hotels and others to activate Point of sale and in cooperation with the province of Maysan. " She pointed out that "the attendees listened to a detailed explanation on the importance of resettlement and the mechanism set by the Central Bank to implement the decisions of the Council of Ministers No. 313 of 2016 and 281 of 2017. Freedom of choice The governor of Maysan Ali Douai stressed during his speech at the opening of the workshop on "the importance of this step to be followed by a review of the status of the province in the settlement of salaries of employees," asserting "the freedom of the employee to choose according to his wishes based on the benefits provided by each bank and during the next week Each employee will choose the bank that he sees fulfilling his wishes to be followed by agreement with those banks and start settling salaries, declaring that he is the first to settle his salary in banks. Presentations All banks submitted their offers to the staff of the Diwan and other departments associated with the governorate and other departments. The Director General of Payments at the Central Bank, Subhi Abdul Karim, said: "Catching up with the global development is inevitable, especially the financial sector, which has become dependent on advanced systems benefiting from technological developments in the world, because it is commensurate with the requirements of the implementation of work, which cut time and effort much more than the previous . large proportion added, " the transformation of salaries and disbursed through electronic payment is an important turning positive to achieve great feasibility of the national economy and maintains a large proportion of liquidity in the banking system , " pointing out that "work is going to make the mechanics of electronic payments are made through the bank Central Iraq , Noting the existence of some previous attempts, but outside the central misleading. " Completion of operations Director of Training and Management in the Association of Private Banks Ahmed Al Hashemi stressed "the importance of the direction of banks towards electronic banking and information technology, and be dealt with in a precise manner that leads to the completion of financial operations according to the requirements of the customer different, and thus we have to offer products compete that offer regionally and internationally" . He stressed that "global companies and the requirements of reconstruction require sophisticated technology, and Iraq is able to possess technology to produce sophisticated products, especially after the victories on the" calling "terrorist and the trend to develop the private sector technology in the detailed human resources .
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