International Development Bank gets a membership license for the company MasterCard Global

International Development Bank gets a membership license for the company MasterCard Global



Economy News _ Baghdad:



Established the International Development Bank on Thursday signed a contract granting basic membership license to the company MasterCard Worldwide, in the Baghdad ceremony.

Said Chairman of the Development Bank management Ziad Khalaf in his speech during the signing ceremony attended by "Economy News," We look forward through this partnership with international institutions, the advancement of the reality of the Iraqi banking and the introduction of the latest banking electronics and provide the best services to our customers in accordance with the mechanisms and standards that set by the Central Bank of Iraq.

He added that the bank received the e-card license in 2016 according to the requirements of the Central Bank, adding that our bank is ready to cooperate with banks to serve the banking technology revolution and create new services for introducing them into the work of the banking system.

Ziad noted that the Development Bank was able to acquire a significant share of the total domestic trade and banking market through the presence of a wide branch network of 13 branches and covers most of the major provinces in Iraq, including the Kurdistan region.

For his part, General Manager of MasterCard in the Middle East, Mohammed Basil Hill, spoke about the advantages of the card where is considered your key to the world and provide the balance of a ceiling of credit is high and strongly Anfakih exceptional and provide the best services and international and domestic discounts for users of MasterCard card, adding that the customer after receiving the card can take advantage of them in his works daily from travel bookings and offers shopping and entertainment around the world as well as provide special features for the business of hotel reservations, tourist and discounts for purchases and offers exclusive travel to luxury resorts around the world.

Meanwhile, Executive Director of the Association of Private Banks Ali Tariq, stressed that the private banks access and use of modern banking technologies and introducing them into the banking business, noting that the move is a great banker achievement for the development of the banking business and the introduction of modern technology to serve customers.

He noted that the Central Bank of Iraq and the Association of Private banks are keen to encourage banks to use modern technology to keep pace with progress in other foreign banks.


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International Development Bank (IDB) is granted a membership license to MasterCard International

11/05/2017



Economy News _ Baghdad:

The International Development Bank (IDB) on Thursday held the signing ceremony for the contract for the granting of a basic membership license to MasterCard Worldwide in Baghdad.

The Chairman of the Board of Development Bank Ziad Khalaf in his speech during the signing ceremony of the contract and attended by "Economy News", we look through this partnership with international institutions to promote the reality of Iraqi banking and introduce the latest banking electronics and provide the best services to our customers according to the mechanisms and standards set by the Central Bank of Iraq.

He added that the bank obtained the license of the electronic card in 2016 according to the requirements of the Central Bank, noting that our bank is ready to cooperate with banks to serve the revolution of banking technology and the creation of new services to be included within the work of the banking system.

Ziad noted that the Development Bank has managed to acquire a large share of the total domestic trade and banking market by having a wide branch network of 13 branches covering most of the major provinces in Iraq, including the Kurdistan region.

Mr. Bassel Al-Tal, General Manager, MasterCard Middle East, said: "The key to the world is to provide a balance of high credit with exceptional spending power and to provide the best international and local services and discounts for MasterCard card users," adding that after receiving the card, Daily bookings, travel and entertainment offers around the world, as well as special features for business travelers from hotel and tourist bookings, discounts for purchases and exclusive travel offers to luxury resorts around the world.

On the other hand, the Executive Director of the Association of Private Banks Ali Tarek, that the private banks to access and use of modern banking techniques and introduce them within the banking business, noting that this step is a major banking achievement to develop banking and introduce modern technology to serve customers.

He pointed out that the Central Bank of Iraq and the Association of Private Banks are keen to encourage banks to use modern technologies to keep abreast of developments in other foreign banks.

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