Wednesday, the Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, stressed the necessity of accelerating the implementation of the comprehensive banking system, while stressing the importance of facilitating loan granting procedures.
The media office of the Chairman of the Parliamentary Finance Committee, Atwan Al-Atwani, said in a statement, “Al-Atwani chaired a session hosting directors of government banks, to discuss ways to achieve banking and financial reform in the country,” noting, “The meeting, which was attended by representatives, members of the Finance Committee and directors of the Rafidain, Al-Rasheed, and Real Estate banks.” , Industrial and Agricultural, discussed a number of important files related to the work of government banks, including mechanisms for granting banking facilities in granting loans and reducing interest rates and other services.
He added, “The meeting reviewed the steps for preparing the banking reform paper in line with the government program, through the implementation of the comprehensive banking system.”
Al-Atwani stressed “the necessity of accelerating the implementation of the comprehensive banking system,” pointing out that “we will hold joint specialized workshops in order to prepare a draft of the government banks work law,” stressing “following up on the steps to prepare the banking reform paper,” expressing his support for “efforts to improve and advance this sector.” “vitally important.”
He pointed to “the importance of facilitating loan granting procedures and studying their economic feasibility in order to achieve development,” explaining that “automating systems and programs is the only way to break away from routine and fight corruption.”
He stressed “accelerating the completion of the steps to transition from the paper system to the electronic system for all sectors and institutions,” pointing to “the importance of preparing data centers in accordance with the standards of the Central Bank and international banks.”
He stressed, “The Real Estate Bank must complete lending transactions for citizens who have completed disbursement procedures within the housing initiative.”
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