March 28, 2010Economic: In his first statement: General Manager Rasheed Bank and the agency denies halt housing loans to staff
BAGHDAD - Haider al-Rubaie Fulayyih - Hussein Tgb
The Director of the Rasheed Bank, Iraq has a solid banking enable him to manage the financial process in the country allowing it to invest that money as best,
Indicating the pursuit of the Ministry of Finance to develop banking systems to be able to keep pace with progress in the developed countries or neighboring countries, at least, denied rumors that the Director-General indicated the bank ceased to grant housing loans to staff, he continued to grant the equivalent of a hundred the salary of the staff continued to work with a view to build or buy housing units, as well as giving another loan worth thirty million Dinars for the purpose of construction or purchase of a property and also be granted to staff ..
Kazim said fistula Speaking expanded for the morning (details of the meeting will be published in future issues) that the bank is currently seeking to open other branches in the governorates of the country is different, confirming that the existing branches and $ 140 estimated full section on the performance of the duties of various banking and experience led Bank to be the highest ranking advanced from among the remaining banks scientist in Iraq, revealing the intention of the bank at the opening of additional branches until the end of next year as well as the tireless efforts led by the Ministry of Finance at the opening of branches of the bank in the Arab or foreign countries different ..
The fistula and the presence of more than 90 advanced system worked and are working in the branches of the Rasheed Bank in general, but he emphasized that most modern of these systems are working in the bank card system is good الذكية.. Smart ..
He said in this regard: the smart card project, which enabled us to make electronic payments is a pilot project and re-Jabbar trust banks and international banks reality the Iraqi banking, considering the payment process using a smart card and one of the factors that will eliminate the circulation of counterfeit currency and an end to extortion, which was exposed to people by weak people, and pointed out that the fistula Rasheed Bank has been struggling to overcome the obstacles that are impeding the distribution of smart cards among the beneficiaries of retirees who are under the social protection system ..
The Director General recalled that the Bank has a good ability to manage many of the financial activities of the major investment firms that have the desire to work in Iraq, but said that nevertheless, it needs to upgrade the bank's capital to nearly $ 400 million so that it can provide the necessary payments to the needs of these companies, noting that the Rafidain and good progress a long way thanks to the policy of the Ministry of Finance confirmed the transformation of the banking system and progress to be able to access to the ranks of advanced international banks ...
Stressing that good governance is seeking to open the doors of cooperation with international banks again had some dealings with in the past in order to expand and diversify its financial, indicating that the bank had a network of correspondents and large the estimated 300 reporters deployed across the world are facilitating a banking business of al-Rasheed and urge the major banks to open accounts in Iraq.
alsabah
