The application of the banking system will complement the policy of electronic automation

Advisor to the Prime Minister for Financial Affairs Mazhar Mohammed Saleh explained, on Wednesday, the importance of introducing the comprehensive banking system in the outlets, while pointing out that this system is a positive integration with the automation policy.
Saleh said in an interview with the official agency followed by Mawazine News, that “Rafidain Bank is one of the largest Iraqi commercial government banks in the weight of its assets and operations and it dominates nearly half of the assets of the Iraqi banking market,” noting that “the entry of the comprehensive banking system in the branches of Rafidain Bank in the country’s border ports (sea, air and land) is a positive integration with the policy of automating ports and customs currently.”
He added that “the comprehensive banking system provides an important auxiliary tool performed by the banking system in enhancing government cash flows and immediately through the collection of government levies, especially from various services or customs duties in the country’s border areas.”
Saleh continued that “the activation of the comprehensive banking system of Rafidain Bank in its border branches, as it is a system for digital networking of banking operations between the center and branches, and at the same time is an important promotion of the implementation of the strategy of walking in the unified treasury account, which provides high governance, in the knowledge and transparency of the flow of government revenues, and at the same time strengthens the regularity of the budget movement of government cash flows.”

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