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Central Bank announces start the exchange of credit information system "electronically"
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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Central Bank announces start the exchange of credit information system "electronically"
Central Bank announces start the exchange of credit information system "electronically"
06/12/2016
Direction Press / Baghdad
Iraqi Central Bank announced on Tuesday, to work with an electronic system for the exchange of credit information, explaining that "this system allows the government and private banks to the exchange of credit information among themselves and between the Central Bank of timely and reliable manner.
A statement to inform the bank, "the trend per se," I got a copy of it today, that "the implementation of the new system will contribute to the departure of the old way of relying on paper correspondence dealing by banks."
"It will also help those banks and their customers both in the credit risk assessment and make sound and quick decisions in the granting of loans and evaluate the payment and clearing by knowing the credit history of the customer operations."
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Dinar Daily :: DINAR/IRAQ -- NEWS -- GURUS and DISCUSSIONS :: IRAQ and DINAR -- ARTICLE BASED INFORMATION and DISCUSSIONS
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